0000842180
2025-01-01
2025-12-31
0000842180
dei:BusinessContactMember
2025-01-01
2025-12-31
0000842180
bbva:AmericanDepositarySharesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:OrdinarySharesMember
2025-01-01
2025-12-31
0000842180
bbva:A6138FixedRateSeniorNonPreferredNotesDue2028Member
2025-01-01
2025-12-31
0000842180
bbva:A5381FixedRateSeniorNonPreferredNotesDue2028Member
2025-01-01
2025-12-31
0000842180
bbva:Tier2SubordinatedCallableFixedToFixedRateNotesDue2034Member
2025-01-01
2025-12-31
0000842180
bbva:A6033FixedRateSeniorNonPreferredCallableNotesDue2035Member
2025-01-01
2025-12-31
0000842180
bbva:Series12NonStepUpNonCumulativeContingentConvertiblePerpetualPreferredTier1SecuritiesMember
2025-01-01
2025-12-31
0000842180
bbva:Series14NonStepUpNonCumulativeContingentConvertiblePerpetualPreferredTier1SecuritiesMember
2025-01-01
2025-12-31
0000842180
2025-12-31
0000842180
country:ES
2025-12-31
0000842180
country:MX
2025-12-31
0000842180
country:TR
2025-12-31
0000842180
bbva:TotalStageMember
2025-12-31
0000842180
bbva:TotalStageMember
2024-12-31
0000842180
bbva:TotalStageMember
2023-12-31
0000842180
2024-12-31
0000842180
2023-12-31
0000842180
2024-01-01
2024-12-31
0000842180
2023-01-01
2023-12-31
0000842180
ifrs-full:IssuedCapitalMember
ifrs-full:PreviouslyStatedMember
2024-12-31
0000842180
ifrs-full:SharePremiumMember
ifrs-full:PreviouslyStatedMember
2024-12-31
0000842180
bbva:EquityInstrumentsIssuedOtherThanCapitalMember
ifrs-full:PreviouslyStatedMember
2024-12-31
0000842180
ifrs-full:OtherEquityInterestMember
ifrs-full:PreviouslyStatedMember
2024-12-31
0000842180
ifrs-full:RetainedEarningsMember
ifrs-full:PreviouslyStatedMember
2024-12-31
0000842180
ifrs-full:RevaluationSurplusMember
ifrs-full:PreviouslyStatedMember
2024-12-31
0000842180
ifrs-full:OtherReservesMember
ifrs-full:PreviouslyStatedMember
2024-12-31
0000842180
ifrs-full:TreasurySharesMember
ifrs-full:PreviouslyStatedMember
2024-12-31
0000842180
bbva:ProfitOrLossAttributableToOwnersOfParentMember
ifrs-full:PreviouslyStatedMember
2024-12-31
0000842180
bbva:InterimDividendMember
ifrs-full:PreviouslyStatedMember
2024-12-31
0000842180
ifrs-full:AccumulatedOtherComprehensiveIncomeMember
ifrs-full:PreviouslyStatedMember
2024-12-31
0000842180
bbva:AccumulatedOtherComprehensiveIncomeNonControllingInterestMember
ifrs-full:PreviouslyStatedMember
2024-12-31
0000842180
bbva:OtherNonControllingInterestItemsMember
ifrs-full:PreviouslyStatedMember
2024-12-31
0000842180
ifrs-full:PreviouslyStatedMember
2024-12-31
0000842180
ifrs-full:IssuedCapitalMember
2025-01-01
2025-12-31
0000842180
ifrs-full:SharePremiumMember
2025-01-01
2025-12-31
0000842180
bbva:EquityInstrumentsIssuedOtherThanCapitalMember
2025-01-01
2025-12-31
0000842180
ifrs-full:OtherEquityInterestMember
2025-01-01
2025-12-31
0000842180
ifrs-full:RetainedEarningsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:RevaluationSurplusMember
2025-01-01
2025-12-31
0000842180
ifrs-full:OtherReservesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:TreasurySharesMember
2025-01-01
2025-12-31
0000842180
bbva:ProfitOrLossAttributableToOwnersOfParentMember
2025-01-01
2025-12-31
0000842180
bbva:InterimDividendMember
2025-01-01
2025-12-31
0000842180
ifrs-full:AccumulatedOtherComprehensiveIncomeMember
2025-01-01
2025-12-31
0000842180
bbva:AccumulatedOtherComprehensiveIncomeNonControllingInterestMember
2025-01-01
2025-12-31
0000842180
bbva:OtherNonControllingInterestItemsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:IssuedCapitalMember
2025-12-31
0000842180
ifrs-full:SharePremiumMember
2025-12-31
0000842180
bbva:EquityInstrumentsIssuedOtherThanCapitalMember
2025-12-31
0000842180
ifrs-full:OtherEquityInterestMember
2025-12-31
0000842180
ifrs-full:RetainedEarningsMember
2025-12-31
0000842180
ifrs-full:RevaluationSurplusMember
2025-12-31
0000842180
ifrs-full:OtherReservesMember
2025-12-31
0000842180
ifrs-full:TreasurySharesMember
2025-12-31
0000842180
bbva:ProfitOrLossAttributableToOwnersOfParentMember
2025-12-31
0000842180
bbva:InterimDividendMember
2025-12-31
0000842180
ifrs-full:AccumulatedOtherComprehensiveIncomeMember
2025-12-31
0000842180
bbva:AccumulatedOtherComprehensiveIncomeNonControllingInterestMember
2025-12-31
0000842180
bbva:OtherNonControllingInterestItemsMember
2025-12-31
0000842180
ifrs-full:IssuedCapitalMember
ifrs-full:PreviouslyStatedMember
2023-12-31
0000842180
ifrs-full:SharePremiumMember
ifrs-full:PreviouslyStatedMember
2023-12-31
0000842180
bbva:EquityInstrumentsIssuedOtherThanCapitalMember
ifrs-full:PreviouslyStatedMember
2023-12-31
0000842180
ifrs-full:OtherEquityInterestMember
ifrs-full:PreviouslyStatedMember
2023-12-31
0000842180
ifrs-full:RetainedEarningsMember
ifrs-full:PreviouslyStatedMember
2023-12-31
0000842180
ifrs-full:RevaluationSurplusMember
ifrs-full:PreviouslyStatedMember
2023-12-31
0000842180
ifrs-full:OtherReservesMember
ifrs-full:PreviouslyStatedMember
2023-12-31
0000842180
ifrs-full:TreasurySharesMember
ifrs-full:PreviouslyStatedMember
2023-12-31
0000842180
bbva:ProfitOrLossAttributableToOwnersOfParentMember
ifrs-full:PreviouslyStatedMember
2023-12-31
0000842180
bbva:InterimDividendMember
ifrs-full:PreviouslyStatedMember
2023-12-31
0000842180
ifrs-full:AccumulatedOtherComprehensiveIncomeMember
ifrs-full:PreviouslyStatedMember
2023-12-31
0000842180
bbva:AccumulatedOtherComprehensiveIncomeNonControllingInterestMember
ifrs-full:PreviouslyStatedMember
2023-12-31
0000842180
bbva:OtherNonControllingInterestItemsMember
ifrs-full:PreviouslyStatedMember
2023-12-31
0000842180
ifrs-full:PreviouslyStatedMember
2023-12-31
0000842180
ifrs-full:IssuedCapitalMember
2024-01-01
2024-12-31
0000842180
ifrs-full:SharePremiumMember
2024-01-01
2024-12-31
0000842180
bbva:EquityInstrumentsIssuedOtherThanCapitalMember
2024-01-01
2024-12-31
0000842180
ifrs-full:OtherEquityInterestMember
2024-01-01
2024-12-31
0000842180
ifrs-full:RetainedEarningsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:RevaluationSurplusMember
2024-01-01
2024-12-31
0000842180
ifrs-full:OtherReservesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:TreasurySharesMember
2024-01-01
2024-12-31
0000842180
bbva:ProfitOrLossAttributableToOwnersOfParentMember
2024-01-01
2024-12-31
0000842180
bbva:InterimDividendMember
2024-01-01
2024-12-31
0000842180
ifrs-full:AccumulatedOtherComprehensiveIncomeMember
2024-01-01
2024-12-31
0000842180
bbva:AccumulatedOtherComprehensiveIncomeNonControllingInterestMember
2024-01-01
2024-12-31
0000842180
bbva:OtherNonControllingInterestItemsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:IssuedCapitalMember
2024-12-31
0000842180
ifrs-full:SharePremiumMember
2024-12-31
0000842180
bbva:EquityInstrumentsIssuedOtherThanCapitalMember
2024-12-31
0000842180
ifrs-full:OtherEquityInterestMember
2024-12-31
0000842180
ifrs-full:RetainedEarningsMember
2024-12-31
0000842180
ifrs-full:RevaluationSurplusMember
2024-12-31
0000842180
ifrs-full:OtherReservesMember
2024-12-31
0000842180
ifrs-full:TreasurySharesMember
2024-12-31
0000842180
bbva:ProfitOrLossAttributableToOwnersOfParentMember
2024-12-31
0000842180
bbva:InterimDividendMember
2024-12-31
0000842180
ifrs-full:AccumulatedOtherComprehensiveIncomeMember
2024-12-31
0000842180
bbva:AccumulatedOtherComprehensiveIncomeNonControllingInterestMember
2024-12-31
0000842180
bbva:OtherNonControllingInterestItemsMember
2024-12-31
0000842180
ifrs-full:IssuedCapitalMember
ifrs-full:PreviouslyStatedMember
2022-12-31
0000842180
ifrs-full:SharePremiumMember
ifrs-full:PreviouslyStatedMember
2022-12-31
0000842180
bbva:EquityInstrumentsIssuedOtherThanCapitalMember
ifrs-full:PreviouslyStatedMember
2022-12-31
0000842180
ifrs-full:OtherEquityInterestMember
ifrs-full:PreviouslyStatedMember
2022-12-31
0000842180
ifrs-full:RetainedEarningsMember
ifrs-full:PreviouslyStatedMember
2022-12-31
0000842180
ifrs-full:RevaluationSurplusMember
ifrs-full:PreviouslyStatedMember
2022-12-31
0000842180
ifrs-full:OtherReservesMember
ifrs-full:PreviouslyStatedMember
2022-12-31
0000842180
ifrs-full:TreasurySharesMember
ifrs-full:PreviouslyStatedMember
2022-12-31
0000842180
bbva:ProfitOrLossAttributableToOwnersOfParentMember
ifrs-full:PreviouslyStatedMember
2022-12-31
0000842180
bbva:InterimDividendMember
ifrs-full:PreviouslyStatedMember
2022-12-31
0000842180
ifrs-full:AccumulatedOtherComprehensiveIncomeMember
ifrs-full:PreviouslyStatedMember
2022-12-31
0000842180
bbva:AccumulatedOtherComprehensiveIncomeNonControllingInterestMember
ifrs-full:PreviouslyStatedMember
2022-12-31
0000842180
bbva:OtherNonControllingInterestItemsMember
ifrs-full:PreviouslyStatedMember
2022-12-31
0000842180
ifrs-full:PreviouslyStatedMember
2022-12-31
0000842180
ifrs-full:IssuedCapitalMember
ifrs-full:FinancialEffectOfChangesInAccountingPolicyMember
2022-12-31
0000842180
ifrs-full:SharePremiumMember
ifrs-full:FinancialEffectOfChangesInAccountingPolicyMember
2022-12-31
0000842180
bbva:EquityInstrumentsIssuedOtherThanCapitalMember
ifrs-full:FinancialEffectOfChangesInAccountingPolicyMember
2022-12-31
0000842180
ifrs-full:OtherEquityInterestMember
ifrs-full:FinancialEffectOfChangesInAccountingPolicyMember
2022-12-31
0000842180
ifrs-full:RetainedEarningsMember
ifrs-full:FinancialEffectOfChangesInAccountingPolicyMember
2022-12-31
0000842180
ifrs-full:RevaluationSurplusMember
ifrs-full:FinancialEffectOfChangesInAccountingPolicyMember
2022-12-31
0000842180
ifrs-full:OtherReservesMember
ifrs-full:FinancialEffectOfChangesInAccountingPolicyMember
2022-12-31
0000842180
ifrs-full:TreasurySharesMember
ifrs-full:FinancialEffectOfChangesInAccountingPolicyMember
2022-12-31
0000842180
bbva:ProfitOrLossAttributableToOwnersOfParentMember
ifrs-full:FinancialEffectOfChangesInAccountingPolicyMember
2022-12-31
0000842180
bbva:InterimDividendMember
ifrs-full:FinancialEffectOfChangesInAccountingPolicyMember
2022-12-31
0000842180
ifrs-full:AccumulatedOtherComprehensiveIncomeMember
ifrs-full:FinancialEffectOfChangesInAccountingPolicyMember
2022-12-31
0000842180
bbva:AccumulatedOtherComprehensiveIncomeNonControllingInterestMember
ifrs-full:FinancialEffectOfChangesInAccountingPolicyMember
2022-12-31
0000842180
bbva:OtherNonControllingInterestItemsMember
ifrs-full:FinancialEffectOfChangesInAccountingPolicyMember
2022-12-31
0000842180
ifrs-full:FinancialEffectOfChangesInAccountingPolicyMember
2022-12-31
0000842180
ifrs-full:IssuedCapitalMember
ifrs-full:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember
2022-12-31
0000842180
ifrs-full:SharePremiumMember
ifrs-full:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember
2022-12-31
0000842180
bbva:EquityInstrumentsIssuedOtherThanCapitalMember
ifrs-full:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember
2022-12-31
0000842180
ifrs-full:OtherEquityInterestMember
ifrs-full:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember
2022-12-31
0000842180
ifrs-full:RetainedEarningsMember
ifrs-full:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember
2022-12-31
0000842180
ifrs-full:RevaluationSurplusMember
ifrs-full:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember
2022-12-31
0000842180
ifrs-full:OtherReservesMember
ifrs-full:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember
2022-12-31
0000842180
ifrs-full:TreasurySharesMember
ifrs-full:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember
2022-12-31
0000842180
bbva:ProfitOrLossAttributableToOwnersOfParentMember
ifrs-full:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember
2022-12-31
0000842180
bbva:InterimDividendMember
ifrs-full:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember
2022-12-31
0000842180
ifrs-full:AccumulatedOtherComprehensiveIncomeMember
ifrs-full:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember
2022-12-31
0000842180
bbva:AccumulatedOtherComprehensiveIncomeNonControllingInterestMember
ifrs-full:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember
2022-12-31
0000842180
bbva:OtherNonControllingInterestItemsMember
ifrs-full:OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember
2022-12-31
0000842180
2022-12-31
0000842180
ifrs-full:IssuedCapitalMember
2023-01-01
2023-12-31
0000842180
ifrs-full:SharePremiumMember
2023-01-01
2023-12-31
0000842180
bbva:EquityInstrumentsIssuedOtherThanCapitalMember
2023-01-01
2023-12-31
0000842180
ifrs-full:OtherEquityInterestMember
2023-01-01
2023-12-31
0000842180
ifrs-full:RetainedEarningsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:RevaluationSurplusMember
2023-01-01
2023-12-31
0000842180
ifrs-full:OtherReservesMember
2023-01-01
2023-12-31
0000842180
ifrs-full:TreasurySharesMember
2023-01-01
2023-12-31
0000842180
bbva:ProfitOrLossAttributableToOwnersOfParentMember
2023-01-01
2023-12-31
0000842180
bbva:InterimDividendMember
2023-01-01
2023-12-31
0000842180
ifrs-full:AccumulatedOtherComprehensiveIncomeMember
2023-01-01
2023-12-31
0000842180
bbva:AccumulatedOtherComprehensiveIncomeNonControllingInterestMember
2023-01-01
2023-12-31
0000842180
bbva:OtherNonControllingInterestItemsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:IssuedCapitalMember
2023-12-31
0000842180
ifrs-full:SharePremiumMember
2023-12-31
0000842180
bbva:EquityInstrumentsIssuedOtherThanCapitalMember
2023-12-31
0000842180
ifrs-full:OtherEquityInterestMember
2023-12-31
0000842180
ifrs-full:RetainedEarningsMember
2023-12-31
0000842180
ifrs-full:RevaluationSurplusMember
2023-12-31
0000842180
ifrs-full:OtherReservesMember
2023-12-31
0000842180
ifrs-full:TreasurySharesMember
2023-12-31
0000842180
bbva:ProfitOrLossAttributableToOwnersOfParentMember
2023-12-31
0000842180
bbva:InterimDividendMember
2023-12-31
0000842180
ifrs-full:AccumulatedOtherComprehensiveIncomeMember
2023-12-31
0000842180
bbva:AccumulatedOtherComprehensiveIncomeNonControllingInterestMember
2023-12-31
0000842180
bbva:OtherNonControllingInterestItemsMember
2023-12-31
0000842180
ifrs-full:BuildingsMember
2025-01-01
2025-12-31
0000842180
bbva:FurnitureMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FixturesAndFittingsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:OfficeEquipmentMember
2025-01-01
2025-12-31
0000842180
ifrs-full:RightofuseAssetsMember
2025-01-01
2025-12-31
0000842180
2026-01-01
2026-12-31
0000842180
bbva:BankingAndOtherFinancialServicesMember
2025-12-31
0000842180
bbva:BankingAndOtherFinancialServicesMember
2024-12-31
0000842180
bbva:BankingAndOtherFinancialServicesMember
2023-12-31
0000842180
bbva:InsuranceAndPensionAndInvestmentFundManagingCompaniesMember
2025-12-31
0000842180
bbva:InsuranceAndPensionAndInvestmentFundManagingCompaniesMember
2024-12-31
0000842180
bbva:InsuranceAndPensionAndInvestmentFundManagingCompaniesMember
2023-12-31
0000842180
bbva:OtherNonFinancialServicesMember
2025-12-31
0000842180
bbva:OtherNonFinancialServicesMember
2024-12-31
0000842180
bbva:OtherNonFinancialServicesMember
2023-12-31
0000842180
2025-08-31
0000842180
country:ES
2025-12-31
0000842180
country:ES
2024-12-31
0000842180
country:ES
2023-12-31
0000842180
country:MX
2025-12-31
0000842180
country:MX
2024-12-31
0000842180
country:MX
2023-12-31
0000842180
country:TR
2025-12-31
0000842180
country:TR
2024-12-31
0000842180
country:TR
2023-12-31
0000842180
srt:SouthAmericaMember
2025-12-31
0000842180
srt:SouthAmericaMember
2024-12-31
0000842180
srt:SouthAmericaMember
2023-12-31
0000842180
bbva:RestOfBusinessMember
2025-12-31
0000842180
bbva:RestOfBusinessMember
2024-12-31
0000842180
bbva:RestOfBusinessMember
2023-12-31
0000842180
bbva:SubtotalAssetsByOperatingSegmentsMember
2025-12-31
0000842180
bbva:SubtotalAssetsByOperatingSegmentsMember
2024-12-31
0000842180
bbva:SubtotalAssetsByOperatingSegmentsMember
2023-12-31
0000842180
bbva:CorporateCenterAndAdjustmentsMember
2025-12-31
0000842180
bbva:CorporateCenterAndAdjustmentsMember
2024-12-31
0000842180
bbva:CorporateCenterAndAdjustmentsMember
2023-12-31
0000842180
country:ES
2025-01-01
2025-12-31
0000842180
country:MX
2025-01-01
2025-12-31
0000842180
country:TR
2025-01-01
2025-12-31
0000842180
srt:SouthAmericaMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfBusinessMember
2025-01-01
2025-12-31
0000842180
bbva:CorporateCenterAndAdjustmentsMember
2025-01-01
2025-12-31
0000842180
country:ES
2024-01-01
2024-12-31
0000842180
country:MX
2024-01-01
2024-12-31
0000842180
country:TR
2024-01-01
2024-12-31
0000842180
srt:SouthAmericaMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfBusinessMember
2024-01-01
2024-12-31
0000842180
bbva:CorporateCenterAndAdjustmentsMember
2024-01-01
2024-12-31
0000842180
country:ES
2023-01-01
2023-12-31
0000842180
country:MX
2023-01-01
2023-12-31
0000842180
country:TR
2023-01-01
2023-12-31
0000842180
srt:SouthAmericaMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfBusinessMember
2023-01-01
2023-12-31
0000842180
bbva:CorporateCenterAndAdjustmentsMember
2023-01-01
2023-12-31
0000842180
country:ES
bbva:PositiveScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:MX
bbva:PositiveScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:TR
bbva:PositiveScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:ES
bbva:PositiveScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:MX
bbva:PositiveScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:TR
bbva:PositiveScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:ES
bbva:PositiveScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:MX
bbva:PositiveScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:TR
bbva:PositiveScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:ES
bbva:PositiveScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:MX
bbva:PositiveScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:TR
bbva:PositiveScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:ES
bbva:PositiveScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:MX
bbva:PositiveScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:TR
bbva:PositiveScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:ES
bbva:PositiveScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:MX
bbva:PositiveScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:TR
bbva:PositiveScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:PE
bbva:PositiveScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:AR
bbva:PositiveScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:CO
bbva:PositiveScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:PE
bbva:PositiveScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:AR
bbva:PositiveScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:CO
bbva:PositiveScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:PE
bbva:PositiveScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:AR
bbva:PositiveScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:CO
bbva:PositiveScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:PE
bbva:PositiveScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:AR
bbva:PositiveScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:CO
bbva:PositiveScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:PE
bbva:PositiveScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:AR
bbva:PositiveScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:CO
bbva:PositiveScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:PE
bbva:PositiveScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:AR
bbva:PositiveScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:CO
bbva:PositiveScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:ES
bbva:BaseScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:MX
bbva:BaseScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:TR
bbva:BaseScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:ES
bbva:BaseScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:MX
bbva:BaseScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:TR
bbva:BaseScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:ES
bbva:BaseScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:MX
bbva:BaseScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:TR
bbva:BaseScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:ES
bbva:BaseScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:MX
bbva:BaseScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:TR
bbva:BaseScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:ES
bbva:BaseScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:MX
bbva:BaseScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:TR
bbva:BaseScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:ES
bbva:BaseScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:MX
bbva:BaseScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:TR
bbva:BaseScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:PE
bbva:BaseScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:AR
bbva:BaseScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:CO
bbva:BaseScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:PE
bbva:BaseScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:AR
bbva:BaseScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:CO
bbva:BaseScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:PE
bbva:BaseScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:AR
bbva:BaseScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:CO
bbva:BaseScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:PE
bbva:BaseScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:AR
bbva:BaseScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:CO
bbva:BaseScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:PE
bbva:BaseScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:AR
bbva:BaseScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:CO
bbva:BaseScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:PE
bbva:BaseScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:AR
bbva:BaseScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:CO
bbva:BaseScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:ES
bbva:NegativeScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:MX
bbva:NegativeScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:TR
bbva:NegativeScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:ES
bbva:NegativeScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:MX
bbva:NegativeScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:TR
bbva:NegativeScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:ES
bbva:NegativeScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:MX
bbva:NegativeScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:TR
bbva:NegativeScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:ES
bbva:NegativeScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:MX
bbva:NegativeScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:TR
bbva:NegativeScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:ES
bbva:NegativeScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:MX
bbva:NegativeScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:TR
bbva:NegativeScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:ES
bbva:NegativeScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:MX
bbva:NegativeScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:TR
bbva:NegativeScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:PE
bbva:NegativeScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:AR
bbva:NegativeScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:CO
bbva:NegativeScenarioMember
bbva:A2025Member
2025-12-31
0000842180
country:PE
bbva:NegativeScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:AR
bbva:NegativeScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:CO
bbva:NegativeScenarioMember
bbva:A2026Member
2025-12-31
0000842180
country:PE
bbva:NegativeScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:AR
bbva:NegativeScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:CO
bbva:NegativeScenarioMember
bbva:A2027Member
2025-12-31
0000842180
country:PE
bbva:NegativeScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:AR
bbva:NegativeScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:CO
bbva:NegativeScenarioMember
bbva:A2028Member
2025-12-31
0000842180
country:PE
bbva:NegativeScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:AR
bbva:NegativeScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:CO
bbva:NegativeScenarioMember
bbva:A2029Member
2025-12-31
0000842180
country:PE
bbva:NegativeScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:AR
bbva:NegativeScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:CO
bbva:NegativeScenarioMember
bbva:A2030Member
2025-12-31
0000842180
country:ES
bbva:PositiveScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:MX
bbva:PositiveScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:TR
bbva:PositiveScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:ES
bbva:PositiveScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:MX
bbva:PositiveScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:TR
bbva:PositiveScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:ES
bbva:PositiveScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:MX
bbva:PositiveScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:TR
bbva:PositiveScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:ES
bbva:PositiveScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:MX
bbva:PositiveScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:TR
bbva:PositiveScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:ES
bbva:PositiveScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:MX
bbva:PositiveScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:TR
bbva:PositiveScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:ES
bbva:PositiveScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:MX
bbva:PositiveScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:TR
bbva:PositiveScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:PE
bbva:PositiveScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:AR
bbva:PositiveScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:CO
bbva:PositiveScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:PE
bbva:PositiveScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:AR
bbva:PositiveScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:CO
bbva:PositiveScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:PE
bbva:PositiveScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:AR
bbva:PositiveScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:CO
bbva:PositiveScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:PE
bbva:PositiveScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:AR
bbva:PositiveScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:CO
bbva:PositiveScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:PE
bbva:PositiveScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:AR
bbva:PositiveScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:CO
bbva:PositiveScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:PE
bbva:PositiveScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:AR
bbva:PositiveScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:CO
bbva:PositiveScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:ES
bbva:BaseScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:MX
bbva:BaseScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:TR
bbva:BaseScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:ES
bbva:BaseScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:MX
bbva:BaseScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:TR
bbva:BaseScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:ES
bbva:BaseScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:MX
bbva:BaseScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:TR
bbva:BaseScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:ES
bbva:BaseScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:MX
bbva:BaseScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:TR
bbva:BaseScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:ES
bbva:BaseScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:MX
bbva:BaseScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:TR
bbva:BaseScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:ES
bbva:BaseScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:MX
bbva:BaseScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:TR
bbva:BaseScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:PE
bbva:BaseScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:AR
bbva:BaseScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:CO
bbva:BaseScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:PE
bbva:BaseScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:AR
bbva:BaseScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:CO
bbva:BaseScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:PE
bbva:BaseScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:AR
bbva:BaseScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:CO
bbva:BaseScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:PE
bbva:BaseScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:AR
bbva:BaseScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:CO
bbva:BaseScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:PE
bbva:BaseScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:AR
bbva:BaseScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:CO
bbva:BaseScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:PE
bbva:BaseScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:AR
bbva:BaseScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:CO
bbva:BaseScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:ES
bbva:NegativeScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:MX
bbva:NegativeScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:TR
bbva:NegativeScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:ES
bbva:NegativeScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:MX
bbva:NegativeScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:TR
bbva:NegativeScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:ES
bbva:NegativeScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:MX
bbva:NegativeScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:TR
bbva:NegativeScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:ES
bbva:NegativeScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:MX
bbva:NegativeScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:TR
bbva:NegativeScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:ES
bbva:NegativeScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:MX
bbva:NegativeScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:TR
bbva:NegativeScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:ES
bbva:NegativeScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:MX
bbva:NegativeScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:TR
bbva:NegativeScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:PE
bbva:NegativeScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:AR
bbva:NegativeScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:CO
bbva:NegativeScenarioMember
bbva:A2024Member
2024-12-31
0000842180
country:PE
bbva:NegativeScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:AR
bbva:NegativeScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:CO
bbva:NegativeScenarioMember
bbva:A2025Member
2024-12-31
0000842180
country:PE
bbva:NegativeScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:AR
bbva:NegativeScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:CO
bbva:NegativeScenarioMember
bbva:A2026Member
2024-12-31
0000842180
country:PE
bbva:NegativeScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:AR
bbva:NegativeScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:CO
bbva:NegativeScenarioMember
bbva:A2027Member
2024-12-31
0000842180
country:PE
bbva:NegativeScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:AR
bbva:NegativeScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:CO
bbva:NegativeScenarioMember
bbva:A2028Member
2024-12-31
0000842180
country:PE
bbva:NegativeScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:AR
bbva:NegativeScenarioMember
bbva:A2029Member
2024-12-31
0000842180
country:CO
bbva:NegativeScenarioMember
bbva:A2029Member
2024-12-31
0000842180
bbva:BbvaGroupMember
bbva:TotalPortfolioMember
2025-12-31
0000842180
bbva:BbvaGroupMember
bbva:RetailSegmentMember
2025-12-31
0000842180
bbva:BbvaGroupMember
bbva:CompaniesMember
2025-12-31
0000842180
bbva:BbvaGroupMember
ifrs-full:DebtSecuritiesMember
2025-12-31
0000842180
country:ES
bbva:TotalPortfolioMember
2025-12-31
0000842180
country:ES
bbva:CompaniesMember
2025-12-31
0000842180
country:ES
bbva:RetailSegmentMember
2025-12-31
0000842180
country:MX
bbva:TotalPortfolioMember
2025-12-31
0000842180
country:MX
bbva:CompaniesMember
2025-12-31
0000842180
country:MX
bbva:RetailSegmentMember
2025-12-31
0000842180
country:TR
bbva:TotalPortfolioMember
2025-12-31
0000842180
country:TR
bbva:CompaniesMember
2025-12-31
0000842180
country:TR
bbva:RetailSegmentMember
2025-12-31
0000842180
bbva:BbvaGroupMember
bbva:TotalPortfolioMember
2024-12-31
0000842180
bbva:BbvaGroupMember
bbva:RetailSegmentMember
2024-12-31
0000842180
bbva:BbvaGroupMember
bbva:CompaniesMember
2024-12-31
0000842180
bbva:BbvaGroupMember
ifrs-full:DebtSecuritiesMember
2024-12-31
0000842180
country:ES
bbva:TotalPortfolioMember
2024-12-31
0000842180
country:ES
bbva:CompaniesMember
2024-12-31
0000842180
country:ES
bbva:RetailSegmentMember
2024-12-31
0000842180
country:MX
bbva:TotalPortfolioMember
2024-12-31
0000842180
country:MX
bbva:CompaniesMember
2024-12-31
0000842180
country:MX
bbva:RetailSegmentMember
2024-12-31
0000842180
country:TR
bbva:TotalPortfolioMember
2024-12-31
0000842180
country:TR
bbva:CompaniesMember
2024-12-31
0000842180
country:TR
bbva:RetailSegmentMember
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
ifrs-full:EquityInvestmentsMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
ifrs-full:EquityInvestmentsMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
bbva:FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember
bbva:TotalStageMember
2025-12-31
0000842180
ifrs-full:DerivativesMember
bbva:TotalStageMember
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
ifrs-full:EquityInvestmentsMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage1Member
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage2Member
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage3Member
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage1Member
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage2Member
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage3Member
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage1Member
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage2Member
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage3Member
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage1Member
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage2Member
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage3Member
2025-12-31
0000842180
bbva:LoansAndAdvancesToCentralBanksMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
bbva:LoansAndAdvancesToCentralBanksMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage1Member
2025-12-31
0000842180
bbva:LoansAndAdvancesToCentralBanksMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage2Member
2025-12-31
0000842180
bbva:LoansAndAdvancesToCentralBanksMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage3Member
2025-12-31
0000842180
bbva:LoansAndAdvancesToCreditInstitutionsMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
bbva:LoansAndAdvancesToCreditInstitutionsMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage1Member
2025-12-31
0000842180
bbva:LoansAndAdvancesToCreditInstitutionsMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage2Member
2025-12-31
0000842180
bbva:LoansAndAdvancesToCreditInstitutionsMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage3Member
2025-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:TotalStageMember
2025-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage1Member
2025-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage2Member
2025-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage3Member
2025-12-31
0000842180
bbva:TotalFinancialAssetsRiskMember
bbva:TotalStageMember
2025-12-31
0000842180
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:TotalStageMember
2025-12-31
0000842180
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage1Member
2025-12-31
0000842180
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage2Member
2025-12-31
0000842180
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage3Member
2025-12-31
0000842180
ifrs-full:LoanCommitmentsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:TotalStageMember
2025-12-31
0000842180
ifrs-full:LoanCommitmentsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage1Member
2025-12-31
0000842180
ifrs-full:LoanCommitmentsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage2Member
2025-12-31
0000842180
ifrs-full:LoanCommitmentsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage3Member
2025-12-31
0000842180
ifrs-full:FinancialGuaranteeContractsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:TotalStageMember
2025-12-31
0000842180
ifrs-full:FinancialGuaranteeContractsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage1Member
2025-12-31
0000842180
ifrs-full:FinancialGuaranteeContractsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage2Member
2025-12-31
0000842180
ifrs-full:FinancialGuaranteeContractsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage3Member
2025-12-31
0000842180
bbva:OtherCommitmentsGivenMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:TotalStageMember
2025-12-31
0000842180
bbva:OtherCommitmentsGivenMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage1Member
2025-12-31
0000842180
bbva:OtherCommitmentsGivenMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage2Member
2025-12-31
0000842180
bbva:OtherCommitmentsGivenMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage3Member
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
ifrs-full:EquityInvestmentsMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
ifrs-full:EquityInvestmentsMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
bbva:FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember
bbva:TotalStageMember
2024-12-31
0000842180
ifrs-full:DerivativesMember
bbva:TotalStageMember
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
ifrs-full:EquityInvestmentsMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage1Member
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage2Member
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage3Member
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage1Member
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage2Member
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage3Member
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage1Member
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage2Member
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage3Member
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage1Member
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage2Member
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage3Member
2024-12-31
0000842180
bbva:LoansAndAdvancesToCentralBanksMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
bbva:LoansAndAdvancesToCentralBanksMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage1Member
2024-12-31
0000842180
bbva:LoansAndAdvancesToCentralBanksMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage2Member
2024-12-31
0000842180
bbva:LoansAndAdvancesToCentralBanksMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage3Member
2024-12-31
0000842180
bbva:LoansAndAdvancesToCreditInstitutionsMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
bbva:LoansAndAdvancesToCreditInstitutionsMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage1Member
2024-12-31
0000842180
bbva:LoansAndAdvancesToCreditInstitutionsMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage2Member
2024-12-31
0000842180
bbva:LoansAndAdvancesToCreditInstitutionsMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage3Member
2024-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:TotalStageMember
2024-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage1Member
2024-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage2Member
2024-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage3Member
2024-12-31
0000842180
bbva:TotalFinancialAssetsRiskMember
bbva:TotalStageMember
2024-12-31
0000842180
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:TotalStageMember
2024-12-31
0000842180
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage1Member
2024-12-31
0000842180
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage2Member
2024-12-31
0000842180
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage3Member
2024-12-31
0000842180
ifrs-full:LoanCommitmentsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:TotalStageMember
2024-12-31
0000842180
ifrs-full:LoanCommitmentsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage1Member
2024-12-31
0000842180
ifrs-full:LoanCommitmentsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage2Member
2024-12-31
0000842180
ifrs-full:LoanCommitmentsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage3Member
2024-12-31
0000842180
ifrs-full:FinancialGuaranteeContractsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:TotalStageMember
2024-12-31
0000842180
ifrs-full:FinancialGuaranteeContractsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage1Member
2024-12-31
0000842180
ifrs-full:FinancialGuaranteeContractsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage2Member
2024-12-31
0000842180
ifrs-full:FinancialGuaranteeContractsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage3Member
2024-12-31
0000842180
bbva:OtherCommitmentsGivenMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:TotalStageMember
2024-12-31
0000842180
bbva:OtherCommitmentsGivenMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage1Member
2024-12-31
0000842180
bbva:OtherCommitmentsGivenMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage2Member
2024-12-31
0000842180
bbva:OtherCommitmentsGivenMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage3Member
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
ifrs-full:EquityInvestmentsMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
ifrs-full:EquityInvestmentsMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
bbva:FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember
bbva:TotalStageMember
2023-12-31
0000842180
ifrs-full:DerivativesMember
bbva:TotalStageMember
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
ifrs-full:EquityInvestmentsMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage1Member
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage2Member
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage1Member
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage2Member
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
bbva:Stage3Member
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage1Member
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage2Member
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage3Member
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage1Member
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage2Member
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:LoansAndAdvancesToCentralBanksMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
bbva:LoansAndAdvancesToCentralBanksMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage1Member
2023-12-31
0000842180
bbva:LoansAndAdvancesToCentralBanksMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage2Member
2023-12-31
0000842180
bbva:LoansAndAdvancesToCentralBanksMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:LoansAndAdvancesToCreditInstitutionsMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
bbva:LoansAndAdvancesToCreditInstitutionsMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage1Member
2023-12-31
0000842180
bbva:LoansAndAdvancesToCreditInstitutionsMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage2Member
2023-12-31
0000842180
bbva:LoansAndAdvancesToCreditInstitutionsMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:TotalStageMember
2023-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage1Member
2023-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage2Member
2023-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:TotalFinancialAssetsRiskMember
bbva:TotalStageMember
2023-12-31
0000842180
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:TotalStageMember
2023-12-31
0000842180
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage1Member
2023-12-31
0000842180
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage2Member
2023-12-31
0000842180
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage3Member
2023-12-31
0000842180
ifrs-full:LoanCommitmentsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:TotalStageMember
2023-12-31
0000842180
ifrs-full:LoanCommitmentsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage1Member
2023-12-31
0000842180
ifrs-full:LoanCommitmentsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage2Member
2023-12-31
0000842180
ifrs-full:LoanCommitmentsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage3Member
2023-12-31
0000842180
ifrs-full:FinancialGuaranteeContractsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:TotalStageMember
2023-12-31
0000842180
ifrs-full:FinancialGuaranteeContractsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage1Member
2023-12-31
0000842180
ifrs-full:FinancialGuaranteeContractsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage2Member
2023-12-31
0000842180
ifrs-full:FinancialGuaranteeContractsMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:OtherCommitmentsGivenMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:TotalStageMember
2023-12-31
0000842180
bbva:OtherCommitmentsGivenMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage1Member
2023-12-31
0000842180
bbva:OtherCommitmentsGivenMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage2Member
2023-12-31
0000842180
bbva:OtherCommitmentsGivenMember
bbva:TotalLoanCommitmentsAndFinancialGuaranteesMember
bbva:Stage3Member
2023-12-31
0000842180
country:ES
bbva:Stage1Member
2025-12-31
0000842180
country:ES
bbva:Stage2Member
2025-12-31
0000842180
country:ES
bbva:Stage3Member
2025-12-31
0000842180
country:MX
bbva:Stage1Member
2025-12-31
0000842180
country:MX
bbva:Stage2Member
2025-12-31
0000842180
country:MX
bbva:Stage3Member
2025-12-31
0000842180
country:TR
bbva:Stage1Member
2025-12-31
0000842180
country:TR
bbva:Stage2Member
2025-12-31
0000842180
country:TR
bbva:Stage3Member
2025-12-31
0000842180
srt:SouthAmericaMember
2025-12-31
0000842180
srt:SouthAmericaMember
bbva:Stage1Member
2025-12-31
0000842180
srt:SouthAmericaMember
bbva:Stage2Member
2025-12-31
0000842180
srt:SouthAmericaMember
bbva:Stage3Member
2025-12-31
0000842180
bbva:OtherCountriesMember
2025-12-31
0000842180
bbva:OtherCountriesMember
bbva:Stage1Member
2025-12-31
0000842180
bbva:OtherCountriesMember
bbva:Stage2Member
2025-12-31
0000842180
bbva:OtherCountriesMember
bbva:Stage3Member
2025-12-31
0000842180
bbva:TotalMaximumCreditRiskExposuresMember
2025-12-31
0000842180
bbva:TotalMaximumCreditRiskExposuresMember
bbva:Stage1Member
2025-12-31
0000842180
bbva:TotalMaximumCreditRiskExposuresMember
bbva:Stage2Member
2025-12-31
0000842180
bbva:OfWhichImpairedAssetsOfLoansAndAdvancesToCustomersMember
2025-12-31
0000842180
bbva:TotalMaximumCreditRiskExposuresMember
bbva:Stage3Member
2025-12-31
0000842180
bbva:OfWhichIndividualMember
2025-12-31
0000842180
bbva:OfWhichIndividualMember
bbva:Stage1Member
2025-12-31
0000842180
bbva:OfWhichIndividualMember
bbva:Stage2Member
2025-12-31
0000842180
bbva:OfWhichIndividualMember
bbva:Stage3Member
2025-12-31
0000842180
bbva:OfWhichCollectiveMember
2025-12-31
0000842180
bbva:OfWhichCollectiveMember
bbva:Stage1Member
2025-12-31
0000842180
bbva:OfWhichCollectiveMember
bbva:Stage2Member
2025-12-31
0000842180
bbva:OfWhichCollectiveMember
bbva:Stage3Member
2025-12-31
0000842180
country:ES
2024-12-31
0000842180
country:ES
bbva:Stage1Member
2024-12-31
0000842180
country:ES
bbva:Stage2Member
2024-12-31
0000842180
country:ES
bbva:Stage3Member
2024-12-31
0000842180
country:MX
2024-12-31
0000842180
country:MX
bbva:Stage1Member
2024-12-31
0000842180
country:MX
bbva:Stage2Member
2024-12-31
0000842180
country:MX
bbva:Stage3Member
2024-12-31
0000842180
country:TR
2024-12-31
0000842180
country:TR
bbva:Stage1Member
2024-12-31
0000842180
country:TR
bbva:Stage2Member
2024-12-31
0000842180
country:TR
bbva:Stage3Member
2024-12-31
0000842180
srt:SouthAmericaMember
2024-12-31
0000842180
srt:SouthAmericaMember
bbva:Stage1Member
2024-12-31
0000842180
srt:SouthAmericaMember
bbva:Stage2Member
2024-12-31
0000842180
srt:SouthAmericaMember
bbva:Stage3Member
2024-12-31
0000842180
bbva:OtherCountriesMember
2024-12-31
0000842180
bbva:OtherCountriesMember
bbva:Stage1Member
2024-12-31
0000842180
bbva:OtherCountriesMember
bbva:Stage2Member
2024-12-31
0000842180
bbva:OtherCountriesMember
bbva:Stage3Member
2024-12-31
0000842180
bbva:TotalMaximumCreditRiskExposuresMember
2024-12-31
0000842180
bbva:TotalMaximumCreditRiskExposuresMember
bbva:Stage1Member
2024-12-31
0000842180
bbva:TotalMaximumCreditRiskExposuresMember
bbva:Stage2Member
2024-12-31
0000842180
bbva:TotalMaximumCreditRiskExposuresMember
bbva:Stage3Member
2024-12-31
0000842180
bbva:OfWhichIndividualMember
2024-12-31
0000842180
bbva:OfWhichIndividualMember
bbva:Stage1Member
2024-12-31
0000842180
bbva:OfWhichIndividualMember
bbva:Stage2Member
2024-12-31
0000842180
bbva:OfWhichIndividualMember
bbva:Stage3Member
2024-12-31
0000842180
bbva:OfWhichCollectiveMember
2024-12-31
0000842180
bbva:OfWhichCollectiveMember
bbva:Stage1Member
2024-12-31
0000842180
bbva:OfWhichCollectiveMember
bbva:Stage2Member
2024-12-31
0000842180
bbva:OfWhichCollectiveMember
bbva:Stage3Member
2024-12-31
0000842180
country:ES
2023-12-31
0000842180
country:ES
bbva:Stage1Member
2023-12-31
0000842180
country:ES
bbva:Stage2Member
2023-12-31
0000842180
country:ES
bbva:Stage3Member
2023-12-31
0000842180
country:MX
2023-12-31
0000842180
country:MX
bbva:Stage1Member
2023-12-31
0000842180
country:MX
bbva:Stage2Member
2023-12-31
0000842180
country:MX
bbva:Stage3Member
2023-12-31
0000842180
country:TR
2023-12-31
0000842180
country:TR
bbva:Stage1Member
2023-12-31
0000842180
country:TR
bbva:Stage2Member
2023-12-31
0000842180
country:TR
bbva:Stage3Member
2023-12-31
0000842180
srt:SouthAmericaMember
2023-12-31
0000842180
srt:SouthAmericaMember
bbva:Stage1Member
2023-12-31
0000842180
srt:SouthAmericaMember
bbva:Stage2Member
2023-12-31
0000842180
srt:SouthAmericaMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:OtherCountriesMember
2023-12-31
0000842180
bbva:OtherCountriesMember
bbva:Stage1Member
2023-12-31
0000842180
bbva:OtherCountriesMember
bbva:Stage2Member
2023-12-31
0000842180
bbva:OtherCountriesMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:TotalMaximumCreditRiskExposuresMember
2023-12-31
0000842180
bbva:TotalMaximumCreditRiskExposuresMember
bbva:Stage1Member
2023-12-31
0000842180
bbva:TotalMaximumCreditRiskExposuresMember
bbva:Stage2Member
2023-12-31
0000842180
bbva:TotalMaximumCreditRiskExposuresMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:OfWhichIndividualMember
2023-12-31
0000842180
bbva:OfWhichIndividualMember
bbva:Stage1Member
2023-12-31
0000842180
bbva:OfWhichIndividualMember
bbva:Stage2Member
2023-12-31
0000842180
bbva:OfWhichIndividualMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:OfWhichCollectiveMember
2023-12-31
0000842180
bbva:OfWhichCollectiveMember
bbva:Stage1Member
2023-12-31
0000842180
bbva:OfWhichCollectiveMember
bbva:Stage2Member
2023-12-31
0000842180
bbva:OfWhichCollectiveMember
bbva:Stage3Member
2023-12-31
0000842180
ifrs-full:GovernmentMember
2025-12-31
0000842180
ifrs-full:GovernmentMember
bbva:Stage1Member
2025-12-31
0000842180
ifrs-full:GovernmentMember
bbva:Stage2Member
2025-12-31
0000842180
ifrs-full:GovernmentMember
bbva:Stage3Member
2025-12-31
0000842180
bbva:OtherFinancialCorporationsMember
2025-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:Stage1Member
2025-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:Stage2Member
2025-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:Stage3Member
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:Stage1Member
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:Stage2Member
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:Stage3Member
2025-12-31
0000842180
bbva:HouseholdsMember
2025-12-31
0000842180
bbva:HouseholdsMember
bbva:Stage1Member
2025-12-31
0000842180
bbva:HouseholdsMember
bbva:Stage2Member
2025-12-31
0000842180
bbva:HouseholdsMember
bbva:Stage3Member
2025-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
2025-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
bbva:Stage1Member
2025-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
bbva:Stage2Member
2025-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
bbva:Stage3Member
2025-12-31
0000842180
ifrs-full:GovernmentMember
2024-12-31
0000842180
ifrs-full:GovernmentMember
bbva:Stage1Member
2024-12-31
0000842180
ifrs-full:GovernmentMember
bbva:Stage2Member
2024-12-31
0000842180
ifrs-full:GovernmentMember
bbva:Stage3Member
2024-12-31
0000842180
bbva:OtherFinancialCorporationsMember
2024-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:Stage1Member
2024-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:Stage2Member
2024-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:Stage3Member
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:Stage1Member
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:Stage2Member
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:Stage3Member
2024-12-31
0000842180
bbva:HouseholdsMember
2024-12-31
0000842180
bbva:HouseholdsMember
bbva:Stage1Member
2024-12-31
0000842180
bbva:HouseholdsMember
bbva:Stage2Member
2024-12-31
0000842180
bbva:HouseholdsMember
bbva:Stage3Member
2024-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
2024-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
bbva:Stage1Member
2024-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
bbva:Stage2Member
2024-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
bbva:Stage3Member
2024-12-31
0000842180
ifrs-full:GovernmentMember
2023-12-31
0000842180
ifrs-full:GovernmentMember
bbva:Stage1Member
2023-12-31
0000842180
ifrs-full:GovernmentMember
bbva:Stage2Member
2023-12-31
0000842180
ifrs-full:GovernmentMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:OtherFinancialCorporationsMember
2023-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:Stage1Member
2023-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:Stage2Member
2023-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:Stage1Member
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:Stage2Member
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:HouseholdsMember
2023-12-31
0000842180
bbva:HouseholdsMember
bbva:Stage1Member
2023-12-31
0000842180
bbva:HouseholdsMember
bbva:Stage2Member
2023-12-31
0000842180
bbva:HouseholdsMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
2023-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
bbva:Stage1Member
2023-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
bbva:Stage2Member
2023-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:CentralBanksMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
ifrs-full:GovernmentMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
bbva:CreditInstitutionsMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
bbva:OtherFinancialCorporationsMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
bbva:HouseholdsMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
ifrs-full:OnDemandMember
2025-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
ifrs-full:GovernmentMember
bbva:CreditCardDebtMember
2025-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:CreditCardDebtMember
2025-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:CreditCardDebtMember
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:CreditCardDebtMember
2025-12-31
0000842180
bbva:HouseholdsMember
bbva:CreditCardDebtMember
2025-12-31
0000842180
bbva:CreditCardDebtMember
2025-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:CreditCardDebtMember
2025-12-31
0000842180
ifrs-full:GovernmentMember
bbva:CommercialDebtorsMember
2025-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:CommercialDebtorsMember
2025-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:CommercialDebtorsMember
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:CommercialDebtorsMember
2025-12-31
0000842180
bbva:HouseholdsMember
bbva:CommercialDebtorsMember
2025-12-31
0000842180
bbva:CommercialDebtorsMember
2025-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:CommercialDebtorsMember
2025-12-31
0000842180
bbva:CentralBanksMember
bbva:FinanceLeasesMember
2025-12-31
0000842180
ifrs-full:GovernmentMember
bbva:FinanceLeasesMember
2025-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:FinanceLeasesMember
2025-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:FinanceLeasesMember
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:FinanceLeasesMember
2025-12-31
0000842180
bbva:HouseholdsMember
bbva:FinanceLeasesMember
2025-12-31
0000842180
bbva:FinanceLeasesMember
2025-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:FinanceLeasesMember
2025-12-31
0000842180
bbva:CentralBanksMember
bbva:ReverseRepurchaseLoansMember
2025-12-31
0000842180
ifrs-full:GovernmentMember
bbva:ReverseRepurchaseLoansMember
2025-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:ReverseRepurchaseLoansMember
2025-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:ReverseRepurchaseLoansMember
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:ReverseRepurchaseLoansMember
2025-12-31
0000842180
bbva:HouseholdsMember
bbva:ReverseRepurchaseLoansMember
2025-12-31
0000842180
bbva:ReverseRepurchaseLoansMember
2025-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:ReverseRepurchaseLoansMember
2025-12-31
0000842180
bbva:CentralBanksMember
bbva:OtherTermLoansMember
2025-12-31
0000842180
ifrs-full:GovernmentMember
bbva:OtherTermLoansMember
2025-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:OtherTermLoansMember
2025-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:OtherTermLoansMember
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:OtherTermLoansMember
2025-12-31
0000842180
bbva:HouseholdsMember
bbva:OtherTermLoansMember
2025-12-31
0000842180
bbva:OtherTermLoansMember
2025-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OtherTermLoansMember
2025-12-31
0000842180
bbva:CentralBanksMember
bbva:AdvancesThatAreNotLoansMember
2025-12-31
0000842180
ifrs-full:GovernmentMember
bbva:AdvancesThatAreNotLoansMember
2025-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:AdvancesThatAreNotLoansMember
2025-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:AdvancesThatAreNotLoansMember
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:AdvancesThatAreNotLoansMember
2025-12-31
0000842180
bbva:HouseholdsMember
bbva:AdvancesThatAreNotLoansMember
2025-12-31
0000842180
bbva:AdvancesThatAreNotLoansMember
2025-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:AdvancesThatAreNotLoansMember
2025-12-31
0000842180
bbva:CentralBanksMember
bbva:TotalLoansAndAdvancesByProductsMember
2025-12-31
0000842180
ifrs-full:GovernmentMember
bbva:TotalLoansAndAdvancesByProductsMember
2025-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:TotalLoansAndAdvancesByProductsMember
2025-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:TotalLoansAndAdvancesByProductsMember
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:TotalLoansAndAdvancesByProductsMember
2025-12-31
0000842180
bbva:HouseholdsMember
bbva:TotalLoansAndAdvancesByProductsMember
2025-12-31
0000842180
bbva:TotalLoansAndAdvancesByProductsMember
2025-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:TotalLoansAndAdvancesByProductsMember
2025-12-31
0000842180
ifrs-full:GovernmentMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2025-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2025-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2025-12-31
0000842180
bbva:HouseholdsMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2025-12-31
0000842180
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2025-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2025-12-31
0000842180
bbva:CentralBanksMember
bbva:OfWhichOtherCollateralizedLoansMember
2025-12-31
0000842180
ifrs-full:GovernmentMember
bbva:OfWhichOtherCollateralizedLoansMember
2025-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:OfWhichOtherCollateralizedLoansMember
2025-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:OfWhichOtherCollateralizedLoansMember
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:OfWhichOtherCollateralizedLoansMember
2025-12-31
0000842180
bbva:HouseholdsMember
bbva:OfWhichOtherCollateralizedLoansMember
2025-12-31
0000842180
bbva:OfWhichOtherCollateralizedLoansMember
2025-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OfWhichOtherCollateralizedLoansMember
2025-12-31
0000842180
bbva:HouseholdsMember
bbva:OfWhichCreditForConsumptionMember
2025-12-31
0000842180
bbva:OfWhichCreditForConsumptionMember
2025-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OfWhichCreditForConsumptionMember
2025-12-31
0000842180
bbva:HouseholdsMember
bbva:OfWhichLendingForHousePurchaseMember
2025-12-31
0000842180
bbva:OfWhichLendingForHousePurchaseMember
2025-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OfWhichLendingForHousePurchaseMember
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:OfWhichProjectFinanceLoansMember
2025-12-31
0000842180
bbva:OfWhichProjectFinanceLoansMember
2025-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OfWhichProjectFinanceLoansMember
2025-12-31
0000842180
bbva:CentralBanksMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
ifrs-full:GovernmentMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:CreditInstitutionsMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:OtherFinancialCorporationsMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:HouseholdsMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
ifrs-full:OnDemandMember
2024-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:CentralBanksMember
bbva:CreditCardDebtMember
2024-12-31
0000842180
ifrs-full:GovernmentMember
bbva:CreditCardDebtMember
2024-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:CreditCardDebtMember
2024-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:CreditCardDebtMember
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:CreditCardDebtMember
2024-12-31
0000842180
bbva:HouseholdsMember
bbva:CreditCardDebtMember
2024-12-31
0000842180
bbva:CreditCardDebtMember
2024-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:CreditCardDebtMember
2024-12-31
0000842180
ifrs-full:GovernmentMember
bbva:CommercialDebtorsMember
2024-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:CommercialDebtorsMember
2024-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:CommercialDebtorsMember
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:CommercialDebtorsMember
2024-12-31
0000842180
bbva:HouseholdsMember
bbva:CommercialDebtorsMember
2024-12-31
0000842180
bbva:CommercialDebtorsMember
2024-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:CommercialDebtorsMember
2024-12-31
0000842180
bbva:CentralBanksMember
bbva:FinanceLeasesMember
2024-12-31
0000842180
ifrs-full:GovernmentMember
bbva:FinanceLeasesMember
2024-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:FinanceLeasesMember
2024-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:FinanceLeasesMember
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:FinanceLeasesMember
2024-12-31
0000842180
bbva:HouseholdsMember
bbva:FinanceLeasesMember
2024-12-31
0000842180
bbva:FinanceLeasesMember
2024-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:FinanceLeasesMember
2024-12-31
0000842180
bbva:CentralBanksMember
bbva:ReverseRepurchaseLoansMember
2024-12-31
0000842180
ifrs-full:GovernmentMember
bbva:ReverseRepurchaseLoansMember
2024-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:ReverseRepurchaseLoansMember
2024-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:ReverseRepurchaseLoansMember
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:ReverseRepurchaseLoansMember
2024-12-31
0000842180
bbva:HouseholdsMember
bbva:ReverseRepurchaseLoansMember
2024-12-31
0000842180
bbva:ReverseRepurchaseLoansMember
2024-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:ReverseRepurchaseLoansMember
2024-12-31
0000842180
bbva:CentralBanksMember
bbva:OtherTermLoansMember
2024-12-31
0000842180
ifrs-full:GovernmentMember
bbva:OtherTermLoansMember
2024-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:OtherTermLoansMember
2024-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:OtherTermLoansMember
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:OtherTermLoansMember
2024-12-31
0000842180
bbva:HouseholdsMember
bbva:OtherTermLoansMember
2024-12-31
0000842180
bbva:OtherTermLoansMember
2024-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OtherTermLoansMember
2024-12-31
0000842180
bbva:CentralBanksMember
bbva:AdvancesThatAreNotLoansMember
2024-12-31
0000842180
ifrs-full:GovernmentMember
bbva:AdvancesThatAreNotLoansMember
2024-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:AdvancesThatAreNotLoansMember
2024-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:AdvancesThatAreNotLoansMember
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:AdvancesThatAreNotLoansMember
2024-12-31
0000842180
bbva:HouseholdsMember
bbva:AdvancesThatAreNotLoansMember
2024-12-31
0000842180
bbva:AdvancesThatAreNotLoansMember
2024-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:AdvancesThatAreNotLoansMember
2024-12-31
0000842180
bbva:CentralBanksMember
bbva:TotalLoansAndAdvancesByProductsMember
2024-12-31
0000842180
ifrs-full:GovernmentMember
bbva:TotalLoansAndAdvancesByProductsMember
2024-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:TotalLoansAndAdvancesByProductsMember
2024-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:TotalLoansAndAdvancesByProductsMember
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:TotalLoansAndAdvancesByProductsMember
2024-12-31
0000842180
bbva:HouseholdsMember
bbva:TotalLoansAndAdvancesByProductsMember
2024-12-31
0000842180
bbva:TotalLoansAndAdvancesByProductsMember
2024-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:TotalLoansAndAdvancesByProductsMember
2024-12-31
0000842180
ifrs-full:GovernmentMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2024-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2024-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2024-12-31
0000842180
bbva:HouseholdsMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2024-12-31
0000842180
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2024-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2024-12-31
0000842180
bbva:CentralBanksMember
bbva:OfWhichOtherCollateralizedLoansMember
2024-12-31
0000842180
ifrs-full:GovernmentMember
bbva:OfWhichOtherCollateralizedLoansMember
2024-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:OfWhichOtherCollateralizedLoansMember
2024-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:OfWhichOtherCollateralizedLoansMember
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:OfWhichOtherCollateralizedLoansMember
2024-12-31
0000842180
bbva:HouseholdsMember
bbva:OfWhichOtherCollateralizedLoansMember
2024-12-31
0000842180
bbva:OfWhichOtherCollateralizedLoansMember
2024-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OfWhichOtherCollateralizedLoansMember
2024-12-31
0000842180
bbva:HouseholdsMember
bbva:OfWhichCreditForConsumptionMember
2024-12-31
0000842180
bbva:OfWhichCreditForConsumptionMember
2024-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OfWhichCreditForConsumptionMember
2024-12-31
0000842180
bbva:HouseholdsMember
bbva:OfWhichLendingForHousePurchaseMember
2024-12-31
0000842180
bbva:OfWhichLendingForHousePurchaseMember
2024-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OfWhichLendingForHousePurchaseMember
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:OfWhichProjectFinanceLoansMember
2024-12-31
0000842180
bbva:OfWhichProjectFinanceLoansMember
2024-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OfWhichProjectFinanceLoansMember
2024-12-31
0000842180
bbva:CentralBanksMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
ifrs-full:GovernmentMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:CreditInstitutionsMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:OtherFinancialCorporationsMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:HouseholdsMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
ifrs-full:OnDemandMember
2023-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:CentralBanksMember
bbva:CreditCardDebtMember
2023-12-31
0000842180
ifrs-full:GovernmentMember
bbva:CreditCardDebtMember
2023-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:CreditCardDebtMember
2023-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:CreditCardDebtMember
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:CreditCardDebtMember
2023-12-31
0000842180
bbva:HouseholdsMember
bbva:CreditCardDebtMember
2023-12-31
0000842180
bbva:CreditCardDebtMember
2023-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:CreditCardDebtMember
2023-12-31
0000842180
ifrs-full:GovernmentMember
bbva:CommercialDebtorsMember
2023-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:CommercialDebtorsMember
2023-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:CommercialDebtorsMember
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:CommercialDebtorsMember
2023-12-31
0000842180
bbva:HouseholdsMember
bbva:CommercialDebtorsMember
2023-12-31
0000842180
bbva:CommercialDebtorsMember
2023-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:CommercialDebtorsMember
2023-12-31
0000842180
bbva:CentralBanksMember
bbva:FinanceLeasesMember
2023-12-31
0000842180
ifrs-full:GovernmentMember
bbva:FinanceLeasesMember
2023-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:FinanceLeasesMember
2023-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:FinanceLeasesMember
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:FinanceLeasesMember
2023-12-31
0000842180
bbva:HouseholdsMember
bbva:FinanceLeasesMember
2023-12-31
0000842180
bbva:FinanceLeasesMember
2023-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:FinanceLeasesMember
2023-12-31
0000842180
bbva:CentralBanksMember
bbva:ReverseRepurchaseLoansMember
2023-12-31
0000842180
ifrs-full:GovernmentMember
bbva:ReverseRepurchaseLoansMember
2023-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:ReverseRepurchaseLoansMember
2023-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:ReverseRepurchaseLoansMember
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:ReverseRepurchaseLoansMember
2023-12-31
0000842180
bbva:HouseholdsMember
bbva:ReverseRepurchaseLoansMember
2023-12-31
0000842180
bbva:ReverseRepurchaseLoansMember
2023-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:ReverseRepurchaseLoansMember
2023-12-31
0000842180
bbva:CentralBanksMember
bbva:OtherTermLoansMember
2023-12-31
0000842180
ifrs-full:GovernmentMember
bbva:OtherTermLoansMember
2023-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:OtherTermLoansMember
2023-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:OtherTermLoansMember
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:OtherTermLoansMember
2023-12-31
0000842180
bbva:HouseholdsMember
bbva:OtherTermLoansMember
2023-12-31
0000842180
bbva:OtherTermLoansMember
2023-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OtherTermLoansMember
2023-12-31
0000842180
bbva:CentralBanksMember
bbva:AdvancesThatAreNotLoansMember
2023-12-31
0000842180
ifrs-full:GovernmentMember
bbva:AdvancesThatAreNotLoansMember
2023-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:AdvancesThatAreNotLoansMember
2023-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:AdvancesThatAreNotLoansMember
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:AdvancesThatAreNotLoansMember
2023-12-31
0000842180
bbva:HouseholdsMember
bbva:AdvancesThatAreNotLoansMember
2023-12-31
0000842180
bbva:AdvancesThatAreNotLoansMember
2023-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:AdvancesThatAreNotLoansMember
2023-12-31
0000842180
bbva:CentralBanksMember
bbva:TotalLoansAndAdvancesByProductsMember
2023-12-31
0000842180
ifrs-full:GovernmentMember
bbva:TotalLoansAndAdvancesByProductsMember
2023-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:TotalLoansAndAdvancesByProductsMember
2023-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:TotalLoansAndAdvancesByProductsMember
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:TotalLoansAndAdvancesByProductsMember
2023-12-31
0000842180
bbva:HouseholdsMember
bbva:TotalLoansAndAdvancesByProductsMember
2023-12-31
0000842180
bbva:TotalLoansAndAdvancesByProductsMember
2023-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:TotalLoansAndAdvancesByProductsMember
2023-12-31
0000842180
ifrs-full:GovernmentMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2023-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2023-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2023-12-31
0000842180
bbva:HouseholdsMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2023-12-31
0000842180
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2023-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OfWhichMortagageLoansCollateralizedByImmovablePropertyMember
2023-12-31
0000842180
bbva:CentralBanksMember
bbva:OfWhichOtherCollateralizedLoansMember
2023-12-31
0000842180
ifrs-full:GovernmentMember
bbva:OfWhichOtherCollateralizedLoansMember
2023-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:OfWhichOtherCollateralizedLoansMember
2023-12-31
0000842180
bbva:OtherFinancialCorporationsMember
bbva:OfWhichOtherCollateralizedLoansMember
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:OfWhichOtherCollateralizedLoansMember
2023-12-31
0000842180
bbva:HouseholdsMember
bbva:OfWhichOtherCollateralizedLoansMember
2023-12-31
0000842180
bbva:OfWhichOtherCollateralizedLoansMember
2023-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OfWhichOtherCollateralizedLoansMember
2023-12-31
0000842180
bbva:HouseholdsMember
bbva:OfWhichCreditForConsumptionMember
2023-12-31
0000842180
bbva:OfWhichCreditForConsumptionMember
2023-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OfWhichCreditForConsumptionMember
2023-12-31
0000842180
bbva:HouseholdsMember
bbva:OfWhichLendingForHousePurchaseMember
2023-12-31
0000842180
bbva:OfWhichLendingForHousePurchaseMember
2023-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OfWhichLendingForHousePurchaseMember
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
bbva:OfWhichProjectFinanceLoansMember
2023-12-31
0000842180
bbva:OfWhichProjectFinanceLoansMember
2023-12-31
0000842180
ifrs-full:GrossCarryingAmountMember
bbva:OfWhichProjectFinanceLoansMember
2023-12-31
0000842180
bbva:MaximumExposureToCreditRiskMember
2025-12-31
0000842180
bbva:ResidentialPropertyMember
bbva:OfWhichSecuredByCollateralMember
2025-12-31
0000842180
bbva:CommercialPropertyMember
bbva:OfWhichSecuredByCollateralMember
2025-12-31
0000842180
bbva:CashAsCollateralMember
bbva:OfWhichSecuredByCollateralMember
2025-12-31
0000842180
bbva:OtherMember
bbva:OfWhichSecuredByCollateralMember
2025-12-31
0000842180
bbva:FinancialMember
bbva:OfWhichSecuredByCollateralMember
2025-12-31
0000842180
bbva:MaximumExposureToCreditRiskMember
2024-12-31
0000842180
bbva:ResidentialPropertyMember
bbva:OfWhichSecuredByCollateralMember
2024-12-31
0000842180
bbva:CommercialPropertyMember
bbva:OfWhichSecuredByCollateralMember
2024-12-31
0000842180
bbva:CashAsCollateralMember
bbva:OfWhichSecuredByCollateralMember
2024-12-31
0000842180
bbva:OtherMember
bbva:OfWhichSecuredByCollateralMember
2024-12-31
0000842180
bbva:FinancialMember
bbva:OfWhichSecuredByCollateralMember
2024-12-31
0000842180
bbva:MaximumExposureToCreditRiskMember
2023-12-31
0000842180
bbva:ResidentialPropertyMember
bbva:OfWhichSecuredByCollateralMember
2023-12-31
0000842180
bbva:CommercialPropertyMember
bbva:OfWhichSecuredByCollateralMember
2023-12-31
0000842180
bbva:CashAsCollateralMember
bbva:OfWhichSecuredByCollateralMember
2023-12-31
0000842180
bbva:OtherMember
bbva:OfWhichSecuredByCollateralMember
2023-12-31
0000842180
bbva:FinancialMember
bbva:OfWhichSecuredByCollateralMember
2023-12-31
0000842180
bbva:ValueOfCollateralMember
2025-12-31
0000842180
bbva:ValueOfCollateralMember
2024-12-31
0000842180
bbva:ValueOfCollateralMember
2023-12-31
0000842180
bbva:ValueOfCollateralMember
bbva:OfWhichGuaranteesNormalRisksUnderSpecialMonitoringMember
2025-12-31
0000842180
bbva:ValueOfCollateralMember
bbva:OfWhichGuaranteesNormalRisksUnderSpecialMonitoringMember
2024-12-31
0000842180
bbva:ValueOfCollateralMember
bbva:OfWhichGuaranteesNormalRisksUnderSpecialMonitoringMember
2023-12-31
0000842180
bbva:ValueOfCollateralMember
bbva:OfWhichGuaranteesNonPerformingRisksMember
2025-12-31
0000842180
bbva:ValueOfCollateralMember
bbva:OfWhichGuaranteesNonPerformingRisksMember
2024-12-31
0000842180
bbva:ValueOfCollateralMember
bbva:OfWhichGuaranteesNonPerformingRisksMember
2023-12-31
0000842180
bbva:ValueOfOtherGuaranteesMember
2025-12-31
0000842180
bbva:ValueOfOtherGuaranteesMember
2024-12-31
0000842180
bbva:ValueOfOtherGuaranteesMember
2023-12-31
0000842180
bbva:ValueOfOtherGuaranteesMember
bbva:OfWhichGuaranteesNormalRisksUnderSpecialMonitoringMember
2025-12-31
0000842180
bbva:ValueOfOtherGuaranteesMember
bbva:OfWhichGuaranteesNormalRisksUnderSpecialMonitoringMember
2024-12-31
0000842180
bbva:ValueOfOtherGuaranteesMember
bbva:OfWhichGuaranteesNormalRisksUnderSpecialMonitoringMember
2023-12-31
0000842180
bbva:ValueOfOtherGuaranteesMember
bbva:OfWhichGuaranteesNonPerformingRisksMember
2025-12-31
0000842180
bbva:ValueOfOtherGuaranteesMember
bbva:OfWhichGuaranteesNonPerformingRisksMember
2024-12-31
0000842180
bbva:ValueOfOtherGuaranteesMember
bbva:OfWhichGuaranteesNonPerformingRisksMember
2023-12-31
0000842180
bbva:A0To2Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
bbva:A0To2Member
ifrs-full:LifetimeExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
bbva:A0To2Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
bbva:A0To2Member
ifrs-full:LifetimeExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
bbva:A0To2Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
bbva:A0To2Member
ifrs-full:LifetimeExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
bbva:A2To5Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
bbva:A2To5Member
ifrs-full:LifetimeExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
bbva:A2To5Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
bbva:A2To5Member
ifrs-full:LifetimeExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
bbva:A2To5Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
bbva:A2To5Member
ifrs-full:LifetimeExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
bbva:A5To11Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
bbva:A5To11Member
ifrs-full:LifetimeExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
bbva:A5To11Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
bbva:A5To11Member
ifrs-full:LifetimeExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
bbva:A5To11Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
bbva:A5To11Member
ifrs-full:LifetimeExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
bbva:A11To39Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
bbva:A11To39Member
ifrs-full:LifetimeExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
bbva:A11To39Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
bbva:A11To39Member
ifrs-full:LifetimeExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
bbva:A11To39Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
bbva:A11To39Member
ifrs-full:LifetimeExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
bbva:A39To194Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
bbva:A39To194Member
ifrs-full:LifetimeExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
bbva:A39To194Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
bbva:A39To194Member
ifrs-full:LifetimeExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
bbva:A39To194Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
bbva:A39To194Member
ifrs-full:LifetimeExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
bbva:A194To1061Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
bbva:A194To1061Member
ifrs-full:LifetimeExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
bbva:A194To1061Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
bbva:A194To1061Member
ifrs-full:LifetimeExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
bbva:A194To1061Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
bbva:A194To1061Member
ifrs-full:LifetimeExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
bbva:A1061To2121Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
bbva:A1061To2121Member
ifrs-full:LifetimeExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
bbva:A1061To2121Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
bbva:A1061To2121Member
ifrs-full:LifetimeExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
bbva:A1061To2121Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
bbva:A1061To2121Member
ifrs-full:LifetimeExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
bbva:MoreThan2121Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
bbva:MoreThan2121Member
ifrs-full:LifetimeExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
bbva:MoreThan2121Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
bbva:MoreThan2121Member
ifrs-full:LifetimeExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
bbva:MoreThan2121Member
ifrs-full:TwelvemonthExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
bbva:MoreThan2121Member
ifrs-full:LifetimeExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
ifrs-full:TwelvemonthExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:LifetimeExpectedCreditLossesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:TwelvemonthExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:LifetimeExpectedCreditLossesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:TwelvemonthExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
ifrs-full:LifetimeExpectedCreditLossesMember
2023-01-01
2023-12-31
0000842180
bbva:CentralBanksMember
2025-12-31
0000842180
ifrs-full:GovernmentMember
2025-12-31
0000842180
bbva:CreditInstitutionsMember
2025-12-31
0000842180
bbva:OtherFinancialInstitutionsMember
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
2025-12-31
0000842180
bbva:HouseholdsMember
2025-12-31
0000842180
bbva:OfWhichLossAllowancesOfLoansAndAdvancesMember
2025-12-31
0000842180
bbva:CentralBanksMember
2024-12-31
0000842180
ifrs-full:GovernmentMember
2024-12-31
0000842180
bbva:CreditInstitutionsMember
2024-12-31
0000842180
bbva:OtherFinancialInstitutionsMember
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
2024-12-31
0000842180
bbva:HouseholdsMember
2024-12-31
0000842180
bbva:OfWhichLossAllowancesOfLoansAndAdvancesMember
2024-12-31
0000842180
bbva:CentralBanksMember
2023-12-31
0000842180
ifrs-full:GovernmentMember
2023-12-31
0000842180
bbva:CreditInstitutionsMember
2023-12-31
0000842180
bbva:OtherFinancialInstitutionsMember
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
2023-12-31
0000842180
bbva:HouseholdsMember
2023-12-31
0000842180
bbva:OfWhichLossAllowancesOfLoansAndAdvancesMember
2023-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage1Member
2024-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage2Member
2024-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage3Member
2024-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
2024-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage1Member
2025-01-01
2025-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage2Member
2025-01-01
2025-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage3Member
2025-01-01
2025-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
2025-01-01
2025-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage1Member
2025-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage2Member
2025-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage3Member
2025-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
2025-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage1Member
2024-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage2Member
2024-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage3Member
2024-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
2024-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage1Member
2025-01-01
2025-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage2Member
2025-01-01
2025-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage3Member
2025-01-01
2025-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
2025-01-01
2025-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage1Member
2025-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage2Member
2025-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage3Member
2025-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
2025-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage1Member
2023-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage2Member
2023-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
2023-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage1Member
2024-01-01
2024-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage2Member
2024-01-01
2024-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage3Member
2024-01-01
2024-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
2024-01-01
2024-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage1Member
2023-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage2Member
2023-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage3Member
2023-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
2023-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage1Member
2024-01-01
2024-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage2Member
2024-01-01
2024-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage3Member
2024-01-01
2024-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
2024-01-01
2024-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage1Member
2022-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage2Member
2022-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage3Member
2022-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
2022-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage1Member
2023-01-01
2023-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage2Member
2023-01-01
2023-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage3Member
2023-01-01
2023-12-31
0000842180
bbva:ChangesInGrossAccountingBalancesOfLoansAndAdvancesAtAmortizedCostMember
2023-01-01
2023-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage1Member
2022-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage2Member
2022-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage3Member
2022-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
2022-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage1Member
2023-01-01
2023-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage2Member
2023-01-01
2023-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
bbva:Stage3Member
2023-01-01
2023-12-31
0000842180
bbva:ChangesInAllowancesOfLoansAndAdvancesAtAmortizedCostMember
2023-01-01
2023-12-31
0000842180
bbva:A100BasisPointIncreaseMember
currency:EUR
2025-01-01
2025-12-31
0000842180
bbva:A100BasisPointDecreaseMember
currency:EUR
2025-01-01
2025-12-31
0000842180
bbva:A100BasisPointIncreaseMember
currency:MXN
2025-01-01
2025-12-31
0000842180
bbva:A100BasisPointDecreaseMember
currency:MXN
2025-01-01
2025-12-31
0000842180
bbva:A100BasisPointIncreaseMember
currency:USD
2025-01-01
2025-12-31
0000842180
bbva:A100BasisPointDecreaseMember
currency:USD
2025-01-01
2025-12-31
0000842180
bbva:A100BasisPointIncreaseMember
currency:TRY
2025-01-01
2025-12-31
0000842180
bbva:A100BasisPointDecreaseMember
currency:TRY
2025-01-01
2025-12-31
0000842180
bbva:A100BasisPointIncreaseMember
bbva:OtherMember
2025-01-01
2025-12-31
0000842180
bbva:A100BasisPointDecreaseMember
bbva:OtherMember
2025-01-01
2025-12-31
0000842180
bbva:A100BasisPointIncreaseMember
bbva:BbvaGroupMember
2025-01-01
2025-12-31
0000842180
bbva:A100BasisPointDecreaseMember
bbva:BbvaGroupMember
2025-01-01
2025-12-31
0000842180
bbva:A100BasisPointIncreaseMember
currency:EUR
2024-01-01
2024-12-31
0000842180
bbva:A100BasisPointDecreaseMember
currency:EUR
2024-01-01
2024-12-31
0000842180
bbva:A100BasisPointIncreaseMember
currency:MXN
2024-01-01
2024-12-31
0000842180
bbva:A100BasisPointDecreaseMember
currency:MXN
2024-01-01
2024-12-31
0000842180
bbva:A100BasisPointIncreaseMember
currency:USD
2024-01-01
2024-12-31
0000842180
bbva:A100BasisPointDecreaseMember
currency:USD
2024-01-01
2024-12-31
0000842180
bbva:A100BasisPointIncreaseMember
currency:TRY
2024-01-01
2024-12-31
0000842180
bbva:A100BasisPointDecreaseMember
currency:TRY
2024-01-01
2024-12-31
0000842180
bbva:A100BasisPointIncreaseMember
bbva:OtherMember
2024-01-01
2024-12-31
0000842180
bbva:A100BasisPointDecreaseMember
bbva:OtherMember
2024-01-01
2024-12-31
0000842180
bbva:A100BasisPointIncreaseMember
bbva:BbvaGroupMember
2024-01-01
2024-12-31
0000842180
bbva:A100BasisPointDecreaseMember
bbva:BbvaGroupMember
2024-01-01
2024-12-31
0000842180
currency:MXN
2025-01-01
2025-12-31
0000842180
currency:MXN
2024-01-01
2024-12-31
0000842180
currency:MXN
2023-01-01
2023-12-31
0000842180
currency:TRY
2025-01-01
2025-12-31
0000842180
currency:TRY
2024-01-01
2024-12-31
0000842180
currency:TRY
2023-01-01
2023-12-31
0000842180
currency:PEN
2025-01-01
2025-12-31
0000842180
currency:PEN
2024-01-01
2024-12-31
0000842180
currency:PEN
2023-01-01
2023-12-31
0000842180
currency:CLP
2025-01-01
2025-12-31
0000842180
currency:CLP
2024-01-01
2024-12-31
0000842180
currency:CLP
2023-01-01
2023-12-31
0000842180
currency:COP
2025-01-01
2025-12-31
0000842180
currency:COP
2024-01-01
2024-12-31
0000842180
currency:COP
2023-01-01
2023-12-31
0000842180
currency:ARS
2025-01-01
2025-12-31
0000842180
currency:ARS
2024-01-01
2024-12-31
0000842180
currency:ARS
2023-01-01
2023-12-31
0000842180
currency:USD
2025-01-01
2025-12-31
0000842180
currency:USD
2024-01-01
2024-12-31
0000842180
currency:USD
2023-01-01
2023-12-31
0000842180
bbva:VaRAverageInTheYearMember
2025-12-31
0000842180
bbva:VaRMaxInTheYearMember
2025-12-31
0000842180
bbva:EndOfPeriodVaRMember
2025-12-31
0000842180
bbva:EndOfPeriodVaRMember
2024-12-31
0000842180
bbva:EndOfPeriodVaRMember
2023-12-31
0000842180
bbva:InterestSpreadRiskMember
bbva:VaRAverageInTheYearMember
2025-12-31
0000842180
ifrs-full:CurrencyRiskMember
bbva:VaRAverageInTheYearMember
2025-12-31
0000842180
bbva:StockMarketRiskMember
bbva:VaRAverageInTheYearMember
2025-12-31
0000842180
bbva:VegaCorrelationRiskMember
bbva:VaRAverageInTheYearMember
2025-12-31
0000842180
ifrs-full:RiskDiversificationEffectMember
bbva:VaRAverageInTheYearMember
2025-12-31
0000842180
bbva:InterestSpreadRiskMember
bbva:VaRMaxInTheYearMember
2025-12-31
0000842180
ifrs-full:CurrencyRiskMember
bbva:VaRMaxInTheYearMember
2025-12-31
0000842180
bbva:StockMarketRiskMember
bbva:VaRMaxInTheYearMember
2025-12-31
0000842180
bbva:VegaCorrelationRiskMember
bbva:VaRMaxInTheYearMember
2025-12-31
0000842180
ifrs-full:RiskDiversificationEffectMember
bbva:VaRMaxInTheYearMember
2025-12-31
0000842180
bbva:InterestSpreadRiskMember
bbva:VaRMinInTheYearMember
2025-12-31
0000842180
ifrs-full:CurrencyRiskMember
bbva:VaRMinInTheYearMember
2025-12-31
0000842180
bbva:StockMarketRiskMember
bbva:VaRMinInTheYearMember
2025-12-31
0000842180
bbva:VegaCorrelationRiskMember
bbva:VaRMinInTheYearMember
2025-12-31
0000842180
ifrs-full:RiskDiversificationEffectMember
bbva:VaRMinInTheYearMember
2025-12-31
0000842180
bbva:VaRMinInTheYearMember
2025-12-31
0000842180
bbva:InterestSpreadRiskMember
bbva:EndOfPeriodVaRMember
2025-12-31
0000842180
ifrs-full:CurrencyRiskMember
bbva:EndOfPeriodVaRMember
2025-12-31
0000842180
bbva:StockMarketRiskMember
bbva:EndOfPeriodVaRMember
2025-12-31
0000842180
bbva:VegaCorrelationRiskMember
bbva:EndOfPeriodVaRMember
2025-12-31
0000842180
ifrs-full:RiskDiversificationEffectMember
bbva:EndOfPeriodVaRMember
2025-12-31
0000842180
bbva:InterestSpreadRiskMember
bbva:VaRAverageInTheYearMember
2024-12-31
0000842180
ifrs-full:CurrencyRiskMember
bbva:VaRAverageInTheYearMember
2024-12-31
0000842180
bbva:StockMarketRiskMember
bbva:VaRAverageInTheYearMember
2024-12-31
0000842180
bbva:VegaCorrelationRiskMember
bbva:VaRAverageInTheYearMember
2024-12-31
0000842180
ifrs-full:RiskDiversificationEffectMember
bbva:VaRAverageInTheYearMember
2024-12-31
0000842180
bbva:VaRAverageInTheYearMember
2024-12-31
0000842180
bbva:InterestSpreadRiskMember
bbva:VaRMaxInTheYearMember
2024-12-31
0000842180
ifrs-full:CurrencyRiskMember
bbva:VaRMaxInTheYearMember
2024-12-31
0000842180
bbva:StockMarketRiskMember
bbva:VaRMaxInTheYearMember
2024-12-31
0000842180
bbva:VegaCorrelationRiskMember
bbva:VaRMaxInTheYearMember
2024-12-31
0000842180
ifrs-full:RiskDiversificationEffectMember
bbva:VaRMaxInTheYearMember
2024-12-31
0000842180
bbva:VaRMaxInTheYearMember
2024-12-31
0000842180
bbva:InterestSpreadRiskMember
bbva:VaRMinInTheYearMember
2024-12-31
0000842180
ifrs-full:CurrencyRiskMember
bbva:VaRMinInTheYearMember
2024-12-31
0000842180
bbva:StockMarketRiskMember
bbva:VaRMinInTheYearMember
2024-12-31
0000842180
bbva:VegaCorrelationRiskMember
bbva:VaRMinInTheYearMember
2024-12-31
0000842180
ifrs-full:RiskDiversificationEffectMember
bbva:VaRMinInTheYearMember
2024-12-31
0000842180
bbva:VaRMinInTheYearMember
2024-12-31
0000842180
bbva:InterestSpreadRiskMember
bbva:EndOfPeriodVaRMember
2024-12-31
0000842180
ifrs-full:CurrencyRiskMember
bbva:EndOfPeriodVaRMember
2024-12-31
0000842180
bbva:StockMarketRiskMember
bbva:EndOfPeriodVaRMember
2024-12-31
0000842180
bbva:VegaCorrelationRiskMember
bbva:EndOfPeriodVaRMember
2024-12-31
0000842180
ifrs-full:RiskDiversificationEffectMember
bbva:EndOfPeriodVaRMember
2024-12-31
0000842180
bbva:InterestSpreadRiskMember
bbva:VaRAverageInTheYearMember
2023-12-31
0000842180
ifrs-full:CurrencyRiskMember
bbva:VaRAverageInTheYearMember
2023-12-31
0000842180
bbva:StockMarketRiskMember
bbva:VaRAverageInTheYearMember
2023-12-31
0000842180
bbva:VegaCorrelationRiskMember
bbva:VaRAverageInTheYearMember
2023-12-31
0000842180
ifrs-full:RiskDiversificationEffectMember
bbva:VaRAverageInTheYearMember
2023-12-31
0000842180
bbva:VaRAverageInTheYearMember
2023-12-31
0000842180
bbva:InterestSpreadRiskMember
bbva:VaRMaxInTheYearMember
2023-12-31
0000842180
ifrs-full:CurrencyRiskMember
bbva:VaRMaxInTheYearMember
2023-12-31
0000842180
bbva:StockMarketRiskMember
bbva:VaRMaxInTheYearMember
2023-12-31
0000842180
bbva:VegaCorrelationRiskMember
bbva:VaRMaxInTheYearMember
2023-12-31
0000842180
ifrs-full:RiskDiversificationEffectMember
bbva:VaRMaxInTheYearMember
2023-12-31
0000842180
bbva:VaRMaxInTheYearMember
2023-12-31
0000842180
bbva:InterestSpreadRiskMember
bbva:VaRMinInTheYearMember
2023-12-31
0000842180
ifrs-full:CurrencyRiskMember
bbva:VaRMinInTheYearMember
2023-12-31
0000842180
bbva:StockMarketRiskMember
bbva:VaRMinInTheYearMember
2023-12-31
0000842180
bbva:VegaCorrelationRiskMember
bbva:VaRMinInTheYearMember
2023-12-31
0000842180
ifrs-full:RiskDiversificationEffectMember
bbva:VaRMinInTheYearMember
2023-12-31
0000842180
bbva:VaRMinInTheYearMember
2023-12-31
0000842180
bbva:InterestSpreadRiskMember
bbva:EndOfPeriodVaRMember
2023-12-31
0000842180
ifrs-full:CurrencyRiskMember
bbva:EndOfPeriodVaRMember
2023-12-31
0000842180
bbva:StockMarketRiskMember
bbva:EndOfPeriodVaRMember
2023-12-31
0000842180
bbva:VegaCorrelationRiskMember
bbva:EndOfPeriodVaRMember
2023-12-31
0000842180
ifrs-full:RiskDiversificationEffectMember
bbva:EndOfPeriodVaRMember
2023-12-31
0000842180
srt:EuropeMember
2025-12-31
0000842180
country:MX
2025-12-31
0000842180
country:PE
2025-12-31
0000842180
country:VE
2025-12-31
0000842180
country:AR
2025-12-31
0000842180
country:CO
2025-12-31
0000842180
country:TR
2025-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
ifrs-full:DerivativesMember
2025-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
bbva:ReverseRepurchaseSecuritiesBorrowingAndSimilarAgreementsMember
2025-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
2025-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
ifrs-full:DerivativesMember
2025-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
bbva:RepurchaseSecuritiesLendingAndSimilarAgreementsMember
2025-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
2025-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
ifrs-full:DerivativesMember
2024-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
bbva:ReverseRepurchaseSecuritiesBorrowingAndSimilarAgreementsMember
2024-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
2024-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
ifrs-full:DerivativesMember
2024-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
bbva:RepurchaseSecuritiesLendingAndSimilarAgreementsMember
2024-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
2024-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
ifrs-full:DerivativesMember
2023-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
bbva:ReverseRepurchaseSecuritiesBorrowingAndSimilarAgreementsMember
2023-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
2023-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
ifrs-full:DerivativesMember
2023-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
bbva:RepurchaseSecuritiesLendingAndSimilarAgreementsMember
2023-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
2023-12-31
0000842180
bbva:BBVASAMember
2025-01-01
2025-12-31
0000842180
bbva:BBVASAMember
2024-01-01
2024-12-31
0000842180
bbva:BBVASAMember
2023-01-01
2023-12-31
0000842180
bbva:BBVAMexicoMember
2025-01-01
2025-12-31
0000842180
bbva:BBVAMexicoMember
2024-01-01
2024-12-31
0000842180
bbva:BBVAMexicoMember
2023-01-01
2023-12-31
0000842180
bbva:GarantiBBVAGroupMember
2025-01-01
2025-12-31
0000842180
bbva:GarantiBBVAGroupMember
2024-01-01
2024-12-31
0000842180
bbva:GarantiBBVAGroupMember
2023-01-01
2023-12-31
0000842180
bbva:OtherLMUMember
2025-01-01
2025-12-31
0000842180
bbva:OtherLMUMember
2024-01-01
2024-12-31
0000842180
bbva:OtherLMUMember
2023-01-01
2023-12-31
0000842180
bbva:BBVASAMember
2025-12-31
0000842180
bbva:BBVASAMember
2024-12-31
0000842180
bbva:BBVASAMember
2023-12-31
0000842180
bbva:BBVAMexicoMember
2025-12-31
0000842180
bbva:BBVAMexicoMember
2024-12-31
0000842180
bbva:BBVAMexicoMember
2023-12-31
0000842180
bbva:GarantiBBVAGroupMember
2025-12-31
0000842180
bbva:GarantiBBVAGroupMember
2024-12-31
0000842180
bbva:GarantiBBVAGroupMember
2023-12-31
0000842180
bbva:BBVASAMember
bbva:CashAndWithdrawableCentralBankReservesMember
2025-12-31
0000842180
bbva:BBVASAMember
bbva:CashAndWithdrawableCentralBankReservesMember
2024-12-31
0000842180
bbva:BBVASAMember
bbva:CashAndWithdrawableCentralBankReservesMember
2023-12-31
0000842180
bbva:BBVAMexicoMember
bbva:CashAndWithdrawableCentralBankReservesMember
2025-12-31
0000842180
bbva:BBVAMexicoMember
bbva:CashAndWithdrawableCentralBankReservesMember
2024-12-31
0000842180
bbva:BBVAMexicoMember
bbva:CashAndWithdrawableCentralBankReservesMember
2023-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:CashAndWithdrawableCentralBankReservesMember
2025-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:CashAndWithdrawableCentralBankReservesMember
2024-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:CashAndWithdrawableCentralBankReservesMember
2023-12-31
0000842180
bbva:OtherLMUMember
bbva:CashAndWithdrawableCentralBankReservesMember
2025-12-31
0000842180
bbva:OtherLMUMember
bbva:CashAndWithdrawableCentralBankReservesMember
2024-12-31
0000842180
bbva:OtherLMUMember
bbva:CashAndWithdrawableCentralBankReservesMember
2023-12-31
0000842180
bbva:BBVASAMember
bbva:Level1TradableAssetsMember
2025-12-31
0000842180
bbva:BBVASAMember
bbva:Level1TradableAssetsMember
2024-12-31
0000842180
bbva:BBVASAMember
bbva:Level1TradableAssetsMember
2023-12-31
0000842180
bbva:BBVAMexicoMember
bbva:Level1TradableAssetsMember
2025-12-31
0000842180
bbva:BBVAMexicoMember
bbva:Level1TradableAssetsMember
2024-12-31
0000842180
bbva:BBVAMexicoMember
bbva:Level1TradableAssetsMember
2023-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:Level1TradableAssetsMember
2025-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:Level1TradableAssetsMember
2024-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:Level1TradableAssetsMember
2023-12-31
0000842180
bbva:OtherLMUMember
bbva:Level1TradableAssetsMember
2025-12-31
0000842180
bbva:OtherLMUMember
bbva:Level1TradableAssetsMember
2024-12-31
0000842180
bbva:OtherLMUMember
bbva:Level1TradableAssetsMember
2023-12-31
0000842180
bbva:BBVASAMember
bbva:Level2ATradableAssetsMember
2025-12-31
0000842180
bbva:BBVASAMember
bbva:Level2ATradableAssetsMember
2024-12-31
0000842180
bbva:BBVASAMember
bbva:Level2ATradableAssetsMember
2023-12-31
0000842180
bbva:BBVAMexicoMember
bbva:Level2ATradableAssetsMember
2025-12-31
0000842180
bbva:BBVAMexicoMember
bbva:Level2ATradableAssetsMember
2024-12-31
0000842180
bbva:BBVAMexicoMember
bbva:Level2ATradableAssetsMember
2023-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:Level2ATradableAssetsMember
2025-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:Level2ATradableAssetsMember
2024-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:Level2ATradableAssetsMember
2023-12-31
0000842180
bbva:OtherLMUMember
bbva:Level2ATradableAssetsMember
2025-12-31
0000842180
bbva:OtherLMUMember
bbva:Level2ATradableAssetsMember
2024-12-31
0000842180
bbva:OtherLMUMember
bbva:Level2ATradableAssetsMember
2023-12-31
0000842180
bbva:BBVASAMember
bbva:Level2BTradableAssetsMember
2025-12-31
0000842180
bbva:BBVASAMember
bbva:Level2BTradableAssetsMember
2024-12-31
0000842180
bbva:BBVASAMember
bbva:Level2BTradableAssetsMember
2023-12-31
0000842180
bbva:BBVAMexicoMember
bbva:Level2BTradableAssetsMember
2025-12-31
0000842180
bbva:BBVAMexicoMember
bbva:Level2BTradableAssetsMember
2024-12-31
0000842180
bbva:BBVAMexicoMember
bbva:Level2BTradableAssetsMember
2023-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:Level2BTradableAssetsMember
2025-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:Level2BTradableAssetsMember
2024-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:Level2BTradableAssetsMember
2023-12-31
0000842180
bbva:OtherLMUMember
bbva:Level2BTradableAssetsMember
2025-12-31
0000842180
bbva:OtherLMUMember
bbva:Level2BTradableAssetsMember
2024-12-31
0000842180
bbva:OtherLMUMember
bbva:Level2BTradableAssetsMember
2023-12-31
0000842180
bbva:BBVASAMember
bbva:OtherTradableAssetsMember
2025-12-31
0000842180
bbva:BBVASAMember
bbva:OtherTradableAssetsMember
2024-12-31
0000842180
bbva:BBVASAMember
bbva:OtherTradableAssetsMember
2023-12-31
0000842180
bbva:BBVAMexicoMember
bbva:OtherTradableAssetsMember
2025-12-31
0000842180
bbva:BBVAMexicoMember
bbva:OtherTradableAssetsMember
2024-12-31
0000842180
bbva:BBVAMexicoMember
bbva:OtherTradableAssetsMember
2023-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:OtherTradableAssetsMember
2025-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:OtherTradableAssetsMember
2024-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:OtherTradableAssetsMember
2023-12-31
0000842180
bbva:OtherLMUMember
bbva:OtherTradableAssetsMember
2025-12-31
0000842180
bbva:OtherLMUMember
bbva:OtherTradableAssetsMember
2024-12-31
0000842180
bbva:OtherLMUMember
bbva:OtherTradableAssetsMember
2023-12-31
0000842180
bbva:BBVASAMember
bbva:NonTradableAssetsEligibleForCentralBanksMember
2025-12-31
0000842180
bbva:BBVASAMember
bbva:NonTradableAssetsEligibleForCentralBanksMember
2024-12-31
0000842180
bbva:BBVASAMember
bbva:NonTradableAssetsEligibleForCentralBanksMember
2023-12-31
0000842180
bbva:BBVAMexicoMember
bbva:NonTradableAssetsEligibleForCentralBanksMember
2025-12-31
0000842180
bbva:BBVAMexicoMember
bbva:NonTradableAssetsEligibleForCentralBanksMember
2024-12-31
0000842180
bbva:BBVAMexicoMember
bbva:NonTradableAssetsEligibleForCentralBanksMember
2023-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:NonTradableAssetsEligibleForCentralBanksMember
2025-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:NonTradableAssetsEligibleForCentralBanksMember
2024-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:NonTradableAssetsEligibleForCentralBanksMember
2023-12-31
0000842180
bbva:OtherLMUMember
bbva:NonTradableAssetsEligibleForCentralBanksMember
2025-12-31
0000842180
bbva:OtherLMUMember
bbva:NonTradableAssetsEligibleForCentralBanksMember
2024-12-31
0000842180
bbva:OtherLMUMember
bbva:NonTradableAssetsEligibleForCentralBanksMember
2023-12-31
0000842180
bbva:BBVASAMember
bbva:CumulatedCounterbalancingCapacityMember
2025-12-31
0000842180
bbva:BBVASAMember
bbva:CumulatedCounterbalancingCapacityMember
2024-12-31
0000842180
bbva:BBVASAMember
bbva:CumulatedCounterbalancingCapacityMember
2023-12-31
0000842180
bbva:BBVAMexicoMember
bbva:CumulatedCounterbalancingCapacityMember
2025-12-31
0000842180
bbva:BBVAMexicoMember
bbva:CumulatedCounterbalancingCapacityMember
2024-12-31
0000842180
bbva:BBVAMexicoMember
bbva:CumulatedCounterbalancingCapacityMember
2023-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:CumulatedCounterbalancingCapacityMember
2025-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:CumulatedCounterbalancingCapacityMember
2024-12-31
0000842180
bbva:GarantiBBVAGroupMember
bbva:CumulatedCounterbalancingCapacityMember
2023-12-31
0000842180
bbva:OtherLMUMember
bbva:CumulatedCounterbalancingCapacityMember
2025-12-31
0000842180
bbva:OtherLMUMember
bbva:CumulatedCounterbalancingCapacityMember
2024-12-31
0000842180
bbva:OtherLMUMember
bbva:CumulatedCounterbalancingCapacityMember
2023-12-31
0000842180
bbva:BBVASAMember
2025-12-31
0000842180
bbva:BBVASAMember
2024-12-31
0000842180
bbva:BBVASAMember
2023-12-31
0000842180
bbva:BBVAMexicoMember
2025-12-31
0000842180
bbva:BBVAMexicoMember
2024-12-31
0000842180
bbva:BBVAMexicoMember
2023-12-31
0000842180
bbva:GarantiBBVAGroupMember
2025-12-31
0000842180
bbva:GarantiBBVAGroupMember
2024-12-31
0000842180
bbva:GarantiBBVAGroupMember
2023-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:NotLaterThanOneMonthMember
2025-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2025-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2025-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2025-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2025-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2025-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
bbva:TotalMember
2025-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:NotLaterThanOneMonthMember
2025-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2025-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2025-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2025-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2025-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2025-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
bbva:TotalMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:NotLaterThanOneMonthMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
bbva:TotalMember
2025-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:NotLaterThanOneMonthMember
2025-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2025-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2025-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2025-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2025-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2025-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
bbva:TotalMember
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:NotLaterThanOneMonthMember
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
bbva:TotalMember
2025-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:NotLaterThanOneMonthMember
2025-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2025-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2025-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2025-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2025-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2025-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
bbva:TotalMember
2025-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:NotLaterThanOneMonthMember
2025-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2025-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2025-12-31
0000842180
bbva:WholesaleFundingMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2025-12-31
0000842180
bbva:WholesaleFundingMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2025-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2025-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
bbva:WholesaleFundingMember
bbva:TotalMember
2025-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:NotLaterThanOneMonthMember
2025-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2025-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2025-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2025-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2025-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2025-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
bbva:TotalMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:NotLaterThanOneMonthMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
bbva:TotalMember
2025-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:NotLaterThanOneMonthMember
2025-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2025-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2025-12-31
0000842180
bbva:CustomerDepositsMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2025-12-31
0000842180
bbva:CustomerDepositsMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2025-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2025-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
bbva:CustomerDepositsMember
bbva:TotalMember
2025-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:NotLaterThanOneMonthMember
2025-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2025-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2025-12-31
0000842180
bbva:SecurityPledgeFundingMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2025-12-31
0000842180
bbva:SecurityPledgeFundingMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2025-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2025-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
bbva:SecurityPledgeFundingMember
bbva:TotalMember
2025-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:OnDemandMember
2025-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:NotLaterThanOneMonthMember
2025-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2025-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2025-12-31
0000842180
bbva:DerivativesNetMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2025-12-31
0000842180
bbva:DerivativesNetMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2025-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2025-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
bbva:DerivativesNetMember
bbva:TotalMember
2025-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:NotLaterThanOneMonthMember
2024-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2024-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2024-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2024-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2024-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2024-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2024-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2024-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanFiveYearsMember
2024-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
bbva:TotalMember
2024-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:NotLaterThanOneMonthMember
2024-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2024-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2024-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2024-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2024-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2024-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2024-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2024-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanFiveYearsMember
2024-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
bbva:TotalMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:NotLaterThanOneMonthMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanFiveYearsMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
bbva:TotalMember
2024-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:NotLaterThanOneMonthMember
2024-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2024-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2024-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2024-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2024-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2024-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2024-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2024-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanFiveYearsMember
2024-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
bbva:TotalMember
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:NotLaterThanOneMonthMember
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanFiveYearsMember
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
bbva:TotalMember
2024-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:NotLaterThanOneMonthMember
2024-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2024-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2024-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2024-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2024-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2024-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2024-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2024-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanFiveYearsMember
2024-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
bbva:TotalMember
2024-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:NotLaterThanOneMonthMember
2024-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2024-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2024-12-31
0000842180
bbva:WholesaleFundingMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2024-12-31
0000842180
bbva:WholesaleFundingMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2024-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2024-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2024-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2024-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanFiveYearsMember
2024-12-31
0000842180
bbva:WholesaleFundingMember
bbva:TotalMember
2024-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:NotLaterThanOneMonthMember
2024-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2024-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2024-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2024-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2024-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2024-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2024-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2024-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanFiveYearsMember
2024-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
bbva:TotalMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:NotLaterThanOneMonthMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanFiveYearsMember
2024-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
bbva:TotalMember
2024-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:NotLaterThanOneMonthMember
2024-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2024-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2024-12-31
0000842180
bbva:CustomerDepositsMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2024-12-31
0000842180
bbva:CustomerDepositsMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2024-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2024-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2024-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2024-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanFiveYearsMember
2024-12-31
0000842180
bbva:CustomerDepositsMember
bbva:TotalMember
2024-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:NotLaterThanOneMonthMember
2024-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2024-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2024-12-31
0000842180
bbva:SecurityPledgeFundingMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2024-12-31
0000842180
bbva:SecurityPledgeFundingMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2024-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2024-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2024-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2024-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanFiveYearsMember
2024-12-31
0000842180
bbva:SecurityPledgeFundingMember
bbva:TotalMember
2024-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:OnDemandMember
2024-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:NotLaterThanOneMonthMember
2024-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2024-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2024-12-31
0000842180
bbva:DerivativesNetMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2024-12-31
0000842180
bbva:DerivativesNetMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2024-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2024-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2024-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2024-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanFiveYearsMember
2024-12-31
0000842180
bbva:DerivativesNetMember
bbva:TotalMember
2024-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:NotLaterThanOneMonthMember
2023-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2023-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2023-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2023-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2023-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2023-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2023-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2023-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
ifrs-full:LaterThanFiveYearsMember
2023-12-31
0000842180
bbva:CashCashBalancesAtCentralBanksAndOtherDemandDepositsMember
bbva:TotalMember
2023-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:NotLaterThanOneMonthMember
2023-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2023-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2023-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2023-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2023-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2023-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2023-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2023-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
ifrs-full:LaterThanFiveYearsMember
2023-12-31
0000842180
bbva:DepositsInCreditEntitiesMember
bbva:TotalMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:NotLaterThanOneMonthMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
ifrs-full:LaterThanFiveYearsMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsMember
bbva:TotalMember
2023-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:NotLaterThanOneMonthMember
2023-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2023-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2023-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2023-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2023-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2023-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2023-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2023-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
ifrs-full:LaterThanFiveYearsMember
2023-12-31
0000842180
bbva:ReverseRepoSecuritiesBorrowingAndMarginLendingMember
bbva:TotalMember
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:NotLaterThanOneMonthMember
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:LaterThanFiveYearsMember
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
bbva:TotalMember
2023-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:NotLaterThanOneMonthMember
2023-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2023-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2023-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2023-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2023-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2023-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2023-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2023-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
ifrs-full:LaterThanFiveYearsMember
2023-12-31
0000842180
bbva:SecuritiesPortfolioSettlementMember
bbva:TotalMember
2023-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:NotLaterThanOneMonthMember
2023-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2023-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2023-12-31
0000842180
bbva:WholesaleFundingMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2023-12-31
0000842180
bbva:WholesaleFundingMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2023-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2023-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2023-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2023-12-31
0000842180
bbva:WholesaleFundingMember
ifrs-full:LaterThanFiveYearsMember
2023-12-31
0000842180
bbva:WholesaleFundingMember
bbva:TotalMember
2023-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:NotLaterThanOneMonthMember
2023-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2023-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2023-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2023-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2023-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2023-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2023-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2023-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
ifrs-full:LaterThanFiveYearsMember
2023-12-31
0000842180
bbva:DepositsInFinancialInstitutionsMember
bbva:TotalMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:NotLaterThanOneMonthMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
ifrs-full:LaterThanFiveYearsMember
2023-12-31
0000842180
bbva:DepositsInOtherFinancialInstitutionsAndInternationalAgenciesMember
bbva:TotalMember
2023-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:NotLaterThanOneMonthMember
2023-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2023-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2023-12-31
0000842180
bbva:CustomerDepositsMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2023-12-31
0000842180
bbva:CustomerDepositsMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2023-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2023-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2023-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2023-12-31
0000842180
bbva:CustomerDepositsMember
ifrs-full:LaterThanFiveYearsMember
2023-12-31
0000842180
bbva:CustomerDepositsMember
bbva:TotalMember
2023-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:NotLaterThanOneMonthMember
2023-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2023-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2023-12-31
0000842180
bbva:SecurityPledgeFundingMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2023-12-31
0000842180
bbva:SecurityPledgeFundingMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2023-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2023-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2023-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2023-12-31
0000842180
bbva:SecurityPledgeFundingMember
ifrs-full:LaterThanFiveYearsMember
2023-12-31
0000842180
bbva:SecurityPledgeFundingMember
bbva:TotalMember
2023-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:NotLaterThanOneMonthMember
2023-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember
2023-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember
2023-12-31
0000842180
bbva:DerivativesNetMember
bbva:LaterThanSixMonthsAndNotLaterThanNineMonthsMember
2023-12-31
0000842180
bbva:DerivativesNetMember
bbva:LaterThanNineMonthsAndNotLaterThanOneYearMember
2023-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2023-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2023-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2023-12-31
0000842180
bbva:DerivativesNetMember
ifrs-full:LaterThanFiveYearsMember
2023-12-31
0000842180
bbva:DerivativesNetMember
bbva:TotalMember
2023-12-31
0000842180
currency:USD
bbva:A7.750Member
bbva:Jan25Member
bbva:Jan32Member
bbva:PerpetualMember
2025-12-31
0000842180
currency:EUR
bbva:A4.000Member
bbva:Feb25Member
bbva:Feb32Member
bbva:Feb37Member
2025-12-31
0000842180
currency:EUR
bbva:A3125Member
bbva:Jul25Member
bbva:Jul30Member
2025-12-31
0000842180
currency:EUR
bbva:A3.750Member
bbva:Aug25Member
bbva:Aug35Member
2025-12-31
0000842180
currency:EUR
bbva:A5.625Member
bbva:Nov25Member
bbva:Nov32Member
bbva:PerpetualMember
2025-12-31
0000842180
bbva:BookValueMember
bbva:TotalAssetsEncumberedAndUnencumberedMember
2025-12-31
0000842180
bbva:BookValueMember
bbva:TotalAssetsEncumberedAndUnencumberedMember
2024-12-31
0000842180
bbva:BookValueMember
bbva:TotalAssetsEncumberedAndUnencumberedMember
2023-12-31
0000842180
bbva:BookValueMember
ifrs-full:EquityInvestmentsMember
2025-12-31
0000842180
bbva:BookValueMember
ifrs-full:EquityInvestmentsMember
2024-12-31
0000842180
bbva:BookValueMember
ifrs-full:EquityInvestmentsMember
2023-12-31
0000842180
bbva:MarketValueMember
ifrs-full:EquityInvestmentsMember
2025-12-31
0000842180
bbva:MarketValueMember
ifrs-full:EquityInvestmentsMember
2024-12-31
0000842180
bbva:MarketValueMember
ifrs-full:EquityInvestmentsMember
2023-12-31
0000842180
bbva:BookValueMember
ifrs-full:DebtSecuritiesMember
2025-12-31
0000842180
bbva:BookValueMember
ifrs-full:DebtSecuritiesMember
2024-12-31
0000842180
bbva:BookValueMember
ifrs-full:DebtSecuritiesMember
2023-12-31
0000842180
bbva:MarketValueMember
ifrs-full:DebtSecuritiesMember
2025-12-31
0000842180
bbva:MarketValueMember
ifrs-full:DebtSecuritiesMember
2024-12-31
0000842180
bbva:MarketValueMember
ifrs-full:DebtSecuritiesMember
2023-12-31
0000842180
bbva:BookValueMember
bbva:LoansAndAdvancesAndOtherMember
2025-12-31
0000842180
bbva:BookValueMember
bbva:LoansAndAdvancesAndOtherMember
2024-12-31
0000842180
bbva:BookValueMember
bbva:LoansAndAdvancesAndOtherMember
2023-12-31
0000842180
bbva:CollateralReceivedMember
2025-01-01
2025-12-31
0000842180
bbva:CollateralReceivedMember
2024-01-01
2024-12-31
0000842180
bbva:CollateralReceivedMember
2023-01-01
2023-12-31
0000842180
ifrs-full:EquityInvestmentsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:EquityInvestmentsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:EquityInvestmentsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
2023-01-01
2023-12-31
0000842180
bbva:LoansAndAdvancesAndOtherAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:LoansAndAdvancesAndOtherAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:LoansAndAdvancesAndOtherAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:OwnDebtSecuritiesIssuedOtherThanOwnCoveredBondsMember
2025-01-01
2025-12-31
0000842180
bbva:OwnDebtSecuritiesIssuedOtherThanOwnCoveredBondsMember
2024-01-01
2024-12-31
0000842180
bbva:OwnDebtSecuritiesIssuedOtherThanOwnCoveredBondsMember
2023-01-01
2023-12-31
0000842180
bbva:BookValueOfFinancialLiabilitiesMember
2025-12-31
0000842180
bbva:BookValueOfFinancialLiabilitiesMember
2024-12-31
0000842180
bbva:BookValueOfFinancialLiabilitiesMember
2023-12-31
0000842180
ifrs-full:DerivativesMember
2025-12-31
0000842180
ifrs-full:DerivativesMember
2024-12-31
0000842180
ifrs-full:DerivativesMember
2023-12-31
0000842180
bbva:DepositsSourcesOfEncumbranceMember
2025-12-31
0000842180
bbva:DepositsSourcesOfEncumbranceMember
2024-12-31
0000842180
bbva:DepositsSourcesOfEncumbranceMember
2023-12-31
0000842180
bbva:OutstandingSubordinatedDebtMember
2025-12-31
0000842180
bbva:OutstandingSubordinatedDebtMember
2024-12-31
0000842180
bbva:OutstandingSubordinatedDebtMember
2023-12-31
0000842180
bbva:OtherMember
2025-12-31
0000842180
bbva:OtherMember
2024-12-31
0000842180
bbva:OtherMember
2023-12-31
0000842180
ifrs-full:Level1OfFairValueHierarchyMember
2025-12-31
0000842180
ifrs-full:Level2OfFairValueHierarchyMember
2025-12-31
0000842180
ifrs-full:Level3OfFairValueHierarchyMember
2025-12-31
0000842180
ifrs-full:Level1OfFairValueHierarchyMember
2024-12-31
0000842180
ifrs-full:Level2OfFairValueHierarchyMember
2024-12-31
0000842180
ifrs-full:Level3OfFairValueHierarchyMember
2024-12-31
0000842180
ifrs-full:Level1OfFairValueHierarchyMember
2023-12-31
0000842180
ifrs-full:Level2OfFairValueHierarchyMember
2023-12-31
0000842180
ifrs-full:Level3OfFairValueHierarchyMember
2023-12-31
0000842180
ifrs-full:EquityInvestmentsMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:InterestRateMeasurementInputMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ComponentsOfEquityDomain
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
bbva:ForeignExchangeAndGoldMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
bbva:CommoditiesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:EquityInvestmentsMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
2025-01-01
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:EquityInvestmentsMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:InterestRateMeasurementInputMember
bbva:HedgingDerivativesMember
2025-01-01
2025-12-31
0000842180
bbva:HedgingDerivativesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ComponentsOfEquityDomain
bbva:HedgingDerivativesMember
2025-01-01
2025-12-31
0000842180
bbva:ForeignExchangeAndGoldMember
bbva:HedgingDerivativesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
bbva:HedgingDerivativesMember
2025-01-01
2025-12-31
0000842180
bbva:CommoditiesMember
bbva:HedgingDerivativesMember
2025-01-01
2025-12-31
0000842180
bbva:DepositsValuationTechniquesMember
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:InterestRateMeasurementInputMember
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ComponentsOfEquityDomain
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
bbva:ForeignExchangeAndGoldMember
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
bbva:CommoditiesMember
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
bbva:ShortPositionsMember
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:InterestRateMeasurementInputMember
bbva:HedgingDerivativesMember
2025-01-01
2025-12-31
0000842180
bbva:HedgingDerivativesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ComponentsOfEquityDomain
bbva:HedgingDerivativesMember
2025-01-01
2025-12-31
0000842180
bbva:ForeignExchangeAndGoldMember
bbva:HedgingDerivativesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
bbva:HedgingDerivativesMember
2025-01-01
2025-12-31
0000842180
bbva:CommoditiesMember
bbva:HedgingDerivativesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:BottomOfRangeMember
bbva:PresentValueMethodMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
srt:ArithmeticAverageMember
bbva:PresentValueMethodMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:TopOfRangeMember
bbva:PresentValueMethodMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:BottomOfRangeMember
bbva:ComparablePricingMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
srt:ArithmeticAverageMember
bbva:ComparablePricingMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:TopOfRangeMember
bbva:ComparablePricingMember
2025-01-01
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:BottomOfRangeMember
bbva:PresentValueMethodMember
2025-01-01
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
srt:ArithmeticAverageMember
bbva:PresentValueMethodMember
2025-01-01
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:TopOfRangeMember
bbva:PresentValueMethodMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:BottomOfRangeMember
bbva:GaussianCopulaMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
srt:ArithmeticAverageMember
bbva:GaussianCopulaMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:TopOfRangeMember
bbva:GaussianCopulaMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:BottomOfRangeMember
bbva:Black76Member
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
srt:ArithmeticAverageMember
bbva:Black76Member
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:TopOfRangeMember
bbva:Black76Member
2025-01-01
2025-12-31
0000842180
bbva:EquityDerivativesMember
ifrs-full:BottomOfRangeMember
bbva:OptionModelsOnEquitiesBasketsOfEquityFundsMember
2025-01-01
2025-12-31
0000842180
bbva:EquityDerivativesMember
srt:ArithmeticAverageMember
bbva:OptionModelsOnEquitiesBasketsOfEquityFundsMember
2025-01-01
2025-12-31
0000842180
bbva:EquityDerivativesMember
ifrs-full:TopOfRangeMember
bbva:OptionModelsOnEquitiesBasketsOfEquityFundsMember
2025-01-01
2025-12-31
0000842180
bbva:FXDerivativesMember
ifrs-full:BottomOfRangeMember
bbva:OptionModelsOnFXUnderlyingsMember
2025-01-01
2025-12-31
0000842180
bbva:FXDerivativesMember
srt:ArithmeticAverageMember
bbva:OptionModelsOnFXUnderlyingsMember
2025-01-01
2025-12-31
0000842180
bbva:FXDerivativesMember
ifrs-full:TopOfRangeMember
bbva:OptionModelsOnFXUnderlyingsMember
2025-01-01
2025-12-31
0000842180
bbva:IRDerivativesMember
ifrs-full:BottomOfRangeMember
bbva:OptionModelsOnIRUnderlyingsMember
2025-01-01
2025-12-31
0000842180
bbva:IRDerivativesMember
srt:ArithmeticAverageMember
bbva:OptionModelsOnIRUnderlyingsMember
2025-01-01
2025-12-31
0000842180
bbva:IRDerivativesMember
ifrs-full:TopOfRangeMember
bbva:OptionModelsOnIRUnderlyingsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:BottomOfRangeMember
bbva:PresentValueMethodMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
srt:ArithmeticAverageMember
bbva:PresentValueMethodMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:TopOfRangeMember
bbva:PresentValueMethodMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:BottomOfRangeMember
bbva:ComparablePricingMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
srt:ArithmeticAverageMember
bbva:ComparablePricingMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:TopOfRangeMember
bbva:ComparablePricingMember
2024-01-01
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:BottomOfRangeMember
bbva:PresentValueMethodMember
2024-01-01
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
srt:ArithmeticAverageMember
bbva:PresentValueMethodMember
2024-01-01
2024-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:TopOfRangeMember
bbva:PresentValueMethodMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:BottomOfRangeMember
bbva:GaussianCopulaMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DerivativesMember
srt:ArithmeticAverageMember
bbva:GaussianCopulaMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:TopOfRangeMember
bbva:GaussianCopulaMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:BottomOfRangeMember
bbva:Black76Member
2024-01-01
2024-12-31
0000842180
ifrs-full:DerivativesMember
srt:ArithmeticAverageMember
bbva:Black76Member
2024-01-01
2024-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:TopOfRangeMember
bbva:Black76Member
2024-01-01
2024-12-31
0000842180
bbva:EquityDerivativesMember
ifrs-full:BottomOfRangeMember
bbva:OptionModelsOnEquitiesBasketsOfEquityFundsMember
2024-01-01
2024-12-31
0000842180
bbva:EquityDerivativesMember
srt:ArithmeticAverageMember
bbva:OptionModelsOnEquitiesBasketsOfEquityFundsMember
2024-01-01
2024-12-31
0000842180
bbva:EquityDerivativesMember
ifrs-full:TopOfRangeMember
bbva:OptionModelsOnEquitiesBasketsOfEquityFundsMember
2024-01-01
2024-12-31
0000842180
bbva:FXDerivativesMember
ifrs-full:BottomOfRangeMember
bbva:OptionModelsOnFXUnderlyingsMember
2024-01-01
2024-12-31
0000842180
bbva:FXDerivativesMember
srt:ArithmeticAverageMember
bbva:OptionModelsOnFXUnderlyingsMember
2024-01-01
2024-12-31
0000842180
bbva:FXDerivativesMember
ifrs-full:TopOfRangeMember
bbva:OptionModelsOnFXUnderlyingsMember
2024-01-01
2024-12-31
0000842180
bbva:IRDerivativesMember
ifrs-full:BottomOfRangeMember
bbva:OptionModelsOnIRUnderlyingsMember
2024-01-01
2024-12-31
0000842180
bbva:IRDerivativesMember
srt:ArithmeticAverageMember
bbva:OptionModelsOnIRUnderlyingsMember
2024-01-01
2024-12-31
0000842180
bbva:IRDerivativesMember
ifrs-full:TopOfRangeMember
bbva:OptionModelsOnIRUnderlyingsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:BottomOfRangeMember
bbva:PresentValueMethodMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
srt:ArithmeticAverageMember
bbva:PresentValueMethodMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:TopOfRangeMember
bbva:PresentValueMethodMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:BottomOfRangeMember
bbva:ComparablePricingMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
srt:ArithmeticAverageMember
bbva:ComparablePricingMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
ifrs-full:TopOfRangeMember
bbva:ComparablePricingMember
2023-01-01
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:BottomOfRangeMember
bbva:PresentValueMethodMember
2023-01-01
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
srt:ArithmeticAverageMember
bbva:PresentValueMethodMember
2023-01-01
2023-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:TopOfRangeMember
bbva:PresentValueMethodMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:BottomOfRangeMember
bbva:GaussianCopulaMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DerivativesMember
srt:ArithmeticAverageMember
bbva:GaussianCopulaMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:TopOfRangeMember
bbva:GaussianCopulaMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:BottomOfRangeMember
bbva:Black76Member
2023-01-01
2023-12-31
0000842180
ifrs-full:DerivativesMember
srt:ArithmeticAverageMember
bbva:Black76Member
2023-01-01
2023-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:TopOfRangeMember
bbva:Black76Member
2023-01-01
2023-12-31
0000842180
bbva:EquityDerivativesMember
ifrs-full:BottomOfRangeMember
bbva:OptionModelsOnEquitiesBasketsOfEquityFundsMember
2023-01-01
2023-12-31
0000842180
bbva:EquityDerivativesMember
srt:ArithmeticAverageMember
bbva:OptionModelsOnEquitiesBasketsOfEquityFundsMember
2023-01-01
2023-12-31
0000842180
bbva:EquityDerivativesMember
ifrs-full:TopOfRangeMember
bbva:OptionModelsOnEquitiesBasketsOfEquityFundsMember
2023-01-01
2023-12-31
0000842180
bbva:FXDerivativesMember
ifrs-full:BottomOfRangeMember
bbva:OptionModelsOnFXUnderlyingsMember
2023-01-01
2023-12-31
0000842180
bbva:FXDerivativesMember
srt:ArithmeticAverageMember
bbva:OptionModelsOnFXUnderlyingsMember
2023-01-01
2023-12-31
0000842180
bbva:FXDerivativesMember
ifrs-full:TopOfRangeMember
bbva:OptionModelsOnFXUnderlyingsMember
2023-01-01
2023-12-31
0000842180
bbva:IRDerivativesMember
ifrs-full:BottomOfRangeMember
bbva:OptionModelsOnIRUnderlyingsMember
2023-01-01
2023-12-31
0000842180
bbva:IRDerivativesMember
srt:ArithmeticAverageMember
bbva:OptionModelsOnIRUnderlyingsMember
2023-01-01
2023-12-31
0000842180
bbva:IRDerivativesMember
ifrs-full:TopOfRangeMember
bbva:OptionModelsOnIRUnderlyingsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
2024-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
2024-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
2023-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
2023-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
2022-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
2022-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
2025-01-01
2025-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
2025-01-01
2025-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
2024-01-01
2024-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
2024-01-01
2024-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
2023-01-01
2023-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
2023-01-01
2023-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
2025-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level1OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level2OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level3OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
bbva:TotalTransferredFinancialAssetsMember
ifrs-full:Level1OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
bbva:TotalTransferredFinancialAssetsMember
ifrs-full:Level2OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
bbva:TotalTransferredFinancialAssetsMember
ifrs-full:Level3OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
bbva:FinancialLiabilitiesAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
bbva:FinancialLiabilitiesAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
bbva:FinancialLiabilitiesAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level1OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level2OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level3OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
bbva:TotalTransferredFinancialLiabilitiesMember
ifrs-full:Level1OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
bbva:TotalTransferredFinancialLiabilitiesMember
ifrs-full:Level2OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
bbva:TotalTransferredFinancialLiabilitiesMember
ifrs-full:Level3OfFairValueHierarchyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level1OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level2OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level3OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level1OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level2OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level3OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
bbva:TotalTransferredFinancialAssetsMember
ifrs-full:Level1OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
bbva:TotalTransferredFinancialAssetsMember
ifrs-full:Level2OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
bbva:TotalTransferredFinancialAssetsMember
ifrs-full:Level3OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
bbva:TotalTransferredFinancialAssetsMember
ifrs-full:Level1OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
bbva:TotalTransferredFinancialAssetsMember
ifrs-full:Level2OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
bbva:TotalTransferredFinancialAssetsMember
ifrs-full:Level3OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossThatMeetDefinitionOfHeldForTradingCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
bbva:FinancialLiabilitiesAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
bbva:FinancialLiabilitiesAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
bbva:FinancialLiabilitiesAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
bbva:FinancialLiabilitiesAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level1OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
bbva:FinancialLiabilitiesAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level2OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
bbva:FinancialLiabilitiesAtFairValueThroughProfitOrLossMandatorilyMeasuredAtFairValueCategoryMember
ifrs-full:Level3OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level1OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level2OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level3OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level1OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level2OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:Level3OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
bbva:TotalTransferredFinancialLiabilitiesMember
ifrs-full:Level1OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
bbva:TotalTransferredFinancialLiabilitiesMember
ifrs-full:Level2OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
bbva:TotalTransferredFinancialLiabilitiesMember
ifrs-full:Level3OfFairValueHierarchyMember
2024-01-01
2024-12-31
0000842180
bbva:TotalTransferredFinancialLiabilitiesMember
ifrs-full:Level1OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
bbva:TotalTransferredFinancialLiabilitiesMember
ifrs-full:Level2OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
bbva:TotalTransferredFinancialLiabilitiesMember
ifrs-full:Level3OfFairValueHierarchyMember
2023-01-01
2023-12-31
0000842180
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2025-12-31
0000842180
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2024-12-31
0000842180
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2025-12-31
0000842180
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2024-12-31
0000842180
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2025-12-31
0000842180
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2024-12-31
0000842180
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2025-12-31
0000842180
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2024-12-31
0000842180
ifrs-full:LoansAndReceivablesCategoryMember
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2025-12-31
0000842180
ifrs-full:LoansAndReceivablesCategoryMember
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2024-12-31
0000842180
ifrs-full:LoansAndReceivablesCategoryMember
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2025-12-31
0000842180
ifrs-full:LoansAndReceivablesCategoryMember
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2024-12-31
0000842180
ifrs-full:LoansAndReceivablesCategoryMember
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2025-12-31
0000842180
ifrs-full:LoansAndReceivablesCategoryMember
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2024-12-31
0000842180
ifrs-full:LoansAndReceivablesCategoryMember
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2025-12-31
0000842180
ifrs-full:LoansAndReceivablesCategoryMember
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2024-12-31
0000842180
ifrs-full:EquityInvestmentsMember
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2025-12-31
0000842180
ifrs-full:EquityInvestmentsMember
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2024-12-31
0000842180
ifrs-full:EquityInvestmentsMember
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2025-12-31
0000842180
ifrs-full:EquityInvestmentsMember
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2024-12-31
0000842180
ifrs-full:EquityInvestmentsMember
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2025-12-31
0000842180
ifrs-full:EquityInvestmentsMember
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2024-12-31
0000842180
ifrs-full:EquityInvestmentsMember
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2025-12-31
0000842180
ifrs-full:EquityInvestmentsMember
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2024-12-31
0000842180
ifrs-full:DerivativesMember
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2025-12-31
0000842180
ifrs-full:DerivativesMember
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2024-12-31
0000842180
ifrs-full:DerivativesMember
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2025-12-31
0000842180
ifrs-full:DerivativesMember
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnConsolidatedIncomeStatementMember
2024-12-31
0000842180
ifrs-full:DerivativesMember
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2025-12-31
0000842180
ifrs-full:DerivativesMember
bbva:MostFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2024-12-31
0000842180
ifrs-full:DerivativesMember
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2025-12-31
0000842180
ifrs-full:DerivativesMember
bbva:LeastFavorableHypothesisMember
bbva:PotentialImpactOnOtherComprehensiveIncomeMember
2024-12-31
0000842180
bbva:CarryingAmountPresentedAsFairValueMember
2025-12-31
0000842180
ifrs-full:Level1OfFairValueHierarchyMember
2025-12-31
0000842180
ifrs-full:Level2OfFairValueHierarchyMember
2025-12-31
0000842180
ifrs-full:Level3OfFairValueHierarchyMember
2025-12-31
0000842180
ifrs-full:AggregateOfFairValuesMember
2025-12-31
0000842180
bbva:CarryingAmountPresentedAsFairValueMember
2024-12-31
0000842180
ifrs-full:Level1OfFairValueHierarchyMember
2024-12-31
0000842180
ifrs-full:Level2OfFairValueHierarchyMember
2024-12-31
0000842180
ifrs-full:Level3OfFairValueHierarchyMember
2024-12-31
0000842180
ifrs-full:AggregateOfFairValuesMember
2024-12-31
0000842180
bbva:CarryingAmountPresentedAsFairValueMember
2023-12-31
0000842180
ifrs-full:Level1OfFairValueHierarchyMember
2023-12-31
0000842180
ifrs-full:Level2OfFairValueHierarchyMember
2023-12-31
0000842180
ifrs-full:Level3OfFairValueHierarchyMember
2023-12-31
0000842180
ifrs-full:AggregateOfFairValuesMember
2023-12-31
0000842180
bbva:CreditInstitutionsMember
2025-12-31
0000842180
bbva:CreditInstitutionsMember
2024-12-31
0000842180
bbva:CreditInstitutionsMember
2023-12-31
0000842180
bbva:OtherSectorsMember
2025-12-31
0000842180
bbva:OtherSectorsMember
2024-12-31
0000842180
bbva:OtherSectorsMember
2023-12-31
0000842180
bbva:IssuedByCentralBanksMember
2025-12-31
0000842180
bbva:IssuedByCentralBanksMember
2024-12-31
0000842180
bbva:IssuedByCentralBanksMember
2023-12-31
0000842180
bbva:IssuedByPublicAdministrationsMember
2025-12-31
0000842180
bbva:IssuedByPublicAdministrationsMember
2024-12-31
0000842180
bbva:IssuedByPublicAdministrationsMember
2023-12-31
0000842180
bbva:IssuedByFinancialInstitutionsMember
2025-12-31
0000842180
bbva:IssuedByFinancialInstitutionsMember
2024-12-31
0000842180
bbva:IssuedByFinancialInstitutionsMember
2023-12-31
0000842180
bbva:OtherDebtInstrumentsMember
2025-12-31
0000842180
bbva:OtherDebtInstrumentsMember
2024-12-31
0000842180
bbva:OtherDebtInstrumentsMember
2023-12-31
0000842180
bbva:ReverseRepurchaseAgreementsMember
2025-12-31
0000842180
bbva:ReverseRepurchaseAgreementsMember
2024-12-31
0000842180
bbva:ReverseRepurchaseAgreementsMember
2023-12-31
0000842180
bbva:RepurchaseAgreementMember
2025-12-31
0000842180
bbva:RepurchaseAgreementMember
2024-12-31
0000842180
bbva:RepurchaseAgreementMember
2023-12-31
0000842180
ifrs-full:InterestRateRiskMember
2025-12-31
0000842180
ifrs-full:InterestRateRiskMember
2024-12-31
0000842180
ifrs-full:InterestRateRiskMember
2023-12-31
0000842180
ifrs-full:InterestRateRiskMember
bbva:OTCOptionsMember
2025-12-31
0000842180
ifrs-full:InterestRateRiskMember
bbva:OTCOptionsMember
2024-12-31
0000842180
ifrs-full:InterestRateRiskMember
bbva:OTCOptionsMember
2023-12-31
0000842180
ifrs-full:InterestRateRiskMember
bbva:OrganizedMarketOptionsMember
2025-12-31
0000842180
ifrs-full:InterestRateRiskMember
bbva:OrganizedMarketOptionsMember
2024-12-31
0000842180
ifrs-full:InterestRateRiskMember
bbva:OrganizedMarketOptionsMember
2023-12-31
0000842180
ifrs-full:EquityPriceRiskMember
2025-12-31
0000842180
ifrs-full:EquityPriceRiskMember
2024-12-31
0000842180
ifrs-full:EquityPriceRiskMember
2023-12-31
0000842180
ifrs-full:EquityPriceRiskMember
bbva:OTCOptionsMember
2025-12-31
0000842180
ifrs-full:EquityPriceRiskMember
bbva:OTCOptionsMember
2024-12-31
0000842180
ifrs-full:EquityPriceRiskMember
bbva:OTCOptionsMember
2023-12-31
0000842180
ifrs-full:EquityPriceRiskMember
bbva:OrganizedMarketOptionsMember
2025-12-31
0000842180
ifrs-full:EquityPriceRiskMember
bbva:OrganizedMarketOptionsMember
2024-12-31
0000842180
ifrs-full:EquityPriceRiskMember
bbva:OrganizedMarketOptionsMember
2023-12-31
0000842180
bbva:ForeignExchangeAndGoldRiskMember
2025-12-31
0000842180
bbva:ForeignExchangeAndGoldRiskMember
2024-12-31
0000842180
bbva:ForeignExchangeAndGoldRiskMember
2023-12-31
0000842180
bbva:ForeignExchangeAndGoldRiskMember
bbva:OTCOptionsMember
2025-12-31
0000842180
bbva:ForeignExchangeAndGoldRiskMember
bbva:OTCOptionsMember
2024-12-31
0000842180
bbva:ForeignExchangeAndGoldRiskMember
bbva:OTCOptionsMember
2023-12-31
0000842180
bbva:ForeignExchangeAndGoldRiskMember
bbva:OrganizedMarketOptionsMember
2025-12-31
0000842180
bbva:ForeignExchangeAndGoldRiskMember
bbva:OrganizedMarketOptionsMember
2024-12-31
0000842180
bbva:ForeignExchangeAndGoldRiskMember
bbva:OrganizedMarketOptionsMember
2023-12-31
0000842180
ifrs-full:CreditRiskMember
2025-12-31
0000842180
ifrs-full:CreditRiskMember
2024-12-31
0000842180
ifrs-full:CreditRiskMember
2023-12-31
0000842180
ifrs-full:CreditRiskMember
bbva:CreditDefaultSwapContractMember
2025-12-31
0000842180
ifrs-full:CreditRiskMember
bbva:CreditDefaultSwapContractMember
2024-12-31
0000842180
ifrs-full:CreditRiskMember
bbva:CreditDefaultSwapContractMember
2023-12-31
0000842180
ifrs-full:CreditRiskMember
bbva:CreditSpreadOptionContractMember
2025-12-31
0000842180
ifrs-full:CreditRiskMember
bbva:CreditSpreadOptionContractMember
2024-12-31
0000842180
ifrs-full:CreditRiskMember
bbva:CreditSpreadOptionContractMember
2023-12-31
0000842180
ifrs-full:CreditRiskMember
bbva:TotalReturnSwapContractMember
2025-12-31
0000842180
ifrs-full:CreditRiskMember
bbva:TotalReturnSwapContractMember
2024-12-31
0000842180
ifrs-full:CreditRiskMember
bbva:TotalReturnSwapContractMember
2023-12-31
0000842180
ifrs-full:CreditRiskMember
bbva:OtherMember
2025-12-31
0000842180
ifrs-full:CreditRiskMember
bbva:OtherMember
2024-12-31
0000842180
ifrs-full:CreditRiskMember
bbva:OtherMember
2023-12-31
0000842180
ifrs-full:CommodityPriceRiskMember
2025-12-31
0000842180
ifrs-full:CommodityPriceRiskMember
2024-12-31
0000842180
ifrs-full:CommodityPriceRiskMember
2023-12-31
0000842180
ifrs-full:DerivativesMember
2025-12-31
0000842180
ifrs-full:DerivativesMember
2024-12-31
0000842180
ifrs-full:DerivativesMember
2023-12-31
0000842180
ifrs-full:DerivativesMember
bbva:OfWhichOTCCreditInstitutionsMember
2025-12-31
0000842180
ifrs-full:DerivativesMember
bbva:OfWhichOTCCreditInstitutionsMember
2024-12-31
0000842180
ifrs-full:DerivativesMember
bbva:OfWhichOTCCreditInstitutionsMember
2023-12-31
0000842180
ifrs-full:DerivativesMember
bbva:OfWhichOTCOtherFinancialCorporationsMember
2025-12-31
0000842180
ifrs-full:DerivativesMember
bbva:OfWhichOTCOtherFinancialCorporationsMember
2024-12-31
0000842180
ifrs-full:DerivativesMember
bbva:OfWhichOTCOtherFinancialCorporationsMember
2023-12-31
0000842180
ifrs-full:DerivativesMember
bbva:OfWhichOTCOtherMember
2025-12-31
0000842180
ifrs-full:DerivativesMember
bbva:OfWhichOTCOtherMember
2024-12-31
0000842180
ifrs-full:DerivativesMember
bbva:OfWhichOTCOtherMember
2023-12-31
0000842180
bbva:NationalCompanySharesMember
bbva:SubtotalListedEquityInstrumentsMember
2025-12-31
0000842180
bbva:NationalCompanySharesMember
bbva:SubtotalListedEquityInstrumentsMember
2024-12-31
0000842180
bbva:NationalCompanySharesMember
bbva:SubtotalListedEquityInstrumentsMember
2023-12-31
0000842180
bbva:ForeignCompanySharesMember
bbva:SubtotalListedEquityInstrumentsMember
2025-12-31
0000842180
bbva:ForeignCompanySharesMember
bbva:SubtotalListedEquityInstrumentsMember
2024-12-31
0000842180
bbva:ForeignCompanySharesMember
bbva:SubtotalListedEquityInstrumentsMember
2023-12-31
0000842180
country:US
bbva:SubtotalListedEquityInstrumentsMember
2025-12-31
0000842180
country:US
bbva:SubtotalListedEquityInstrumentsMember
2024-12-31
0000842180
country:US
bbva:SubtotalListedEquityInstrumentsMember
2023-12-31
0000842180
country:MX
bbva:SubtotalListedEquityInstrumentsMember
2025-12-31
0000842180
country:MX
bbva:SubtotalListedEquityInstrumentsMember
2024-12-31
0000842180
country:MX
bbva:SubtotalListedEquityInstrumentsMember
2023-12-31
0000842180
country:TR
bbva:SubtotalListedEquityInstrumentsMember
2025-12-31
0000842180
country:TR
bbva:SubtotalListedEquityInstrumentsMember
2024-12-31
0000842180
country:TR
bbva:SubtotalListedEquityInstrumentsMember
2023-12-31
0000842180
bbva:OtherCountriesMember
bbva:SubtotalListedEquityInstrumentsMember
2025-12-31
0000842180
bbva:OtherCountriesMember
bbva:SubtotalListedEquityInstrumentsMember
2024-12-31
0000842180
bbva:OtherCountriesMember
bbva:SubtotalListedEquityInstrumentsMember
2023-12-31
0000842180
bbva:SubtotalListedEquityInstrumentsMember
2025-12-31
0000842180
bbva:SubtotalListedEquityInstrumentsMember
2024-12-31
0000842180
bbva:SubtotalListedEquityInstrumentsMember
2023-12-31
0000842180
bbva:NationalCompanySharesMember
bbva:SubtotalUnlistedEquityInstrumentsMember
2025-12-31
0000842180
bbva:NationalCompanySharesMember
bbva:SubtotalUnlistedEquityInstrumentsMember
2024-12-31
0000842180
bbva:NationalCompanySharesMember
bbva:SubtotalUnlistedEquityInstrumentsMember
2023-12-31
0000842180
bbva:ForeignCompanySharesMember
bbva:SubtotalUnlistedEquityInstrumentsMember
2025-12-31
0000842180
bbva:ForeignCompanySharesMember
bbva:SubtotalUnlistedEquityInstrumentsMember
2024-12-31
0000842180
bbva:ForeignCompanySharesMember
bbva:SubtotalUnlistedEquityInstrumentsMember
2023-12-31
0000842180
bbva:SubtotalUnlistedEquityInstrumentsMember
2025-12-31
0000842180
bbva:SubtotalUnlistedEquityInstrumentsMember
2024-12-31
0000842180
bbva:SubtotalUnlistedEquityInstrumentsMember
2023-12-31
0000842180
bbva:IssuedInEurosMember
ifrs-full:GovernmentMember
2025-12-31
0000842180
bbva:IssuedInEurosMember
ifrs-full:GovernmentMember
2024-12-31
0000842180
bbva:IssuedInEurosMember
ifrs-full:GovernmentMember
2023-12-31
0000842180
bbva:IssuedInEurosMember
bbva:CreditInstitutionsMember
2025-12-31
0000842180
bbva:IssuedInEurosMember
bbva:CreditInstitutionsMember
2024-12-31
0000842180
bbva:IssuedInEurosMember
bbva:CreditInstitutionsMember
2023-12-31
0000842180
bbva:IssuedInEurosMember
bbva:OtherIssuersMember
2025-12-31
0000842180
bbva:IssuedInEurosMember
bbva:OtherIssuersMember
2024-12-31
0000842180
bbva:IssuedInEurosMember
bbva:OtherIssuersMember
2023-12-31
0000842180
bbva:IssuedInEurosMember
2025-12-31
0000842180
bbva:IssuedInEurosMember
2024-12-31
0000842180
bbva:IssuedInEurosMember
2023-12-31
0000842180
country:MX
2025-12-31
0000842180
country:MX
2024-12-31
0000842180
country:MX
2023-12-31
0000842180
country:MX
ifrs-full:GovernmentMember
2025-12-31
0000842180
country:MX
ifrs-full:GovernmentMember
2024-12-31
0000842180
country:MX
ifrs-full:GovernmentMember
2023-12-31
0000842180
country:MX
bbva:CreditInstitutionsMember
2025-12-31
0000842180
country:MX
bbva:CreditInstitutionsMember
2024-12-31
0000842180
country:MX
bbva:CreditInstitutionsMember
2023-12-31
0000842180
country:MX
bbva:OtherIssuersMember
2025-12-31
0000842180
country:MX
bbva:OtherIssuersMember
2024-12-31
0000842180
country:MX
bbva:OtherIssuersMember
2023-12-31
0000842180
country:US
2025-12-31
0000842180
country:US
2024-12-31
0000842180
country:US
2023-12-31
0000842180
country:US
ifrs-full:GovernmentMember
2025-12-31
0000842180
country:US
ifrs-full:GovernmentMember
2024-12-31
0000842180
country:US
ifrs-full:GovernmentMember
2023-12-31
0000842180
country:US
bbva:CreditInstitutionsMember
2025-12-31
0000842180
country:US
bbva:CreditInstitutionsMember
2024-12-31
0000842180
country:US
bbva:CreditInstitutionsMember
2023-12-31
0000842180
country:US
bbva:OtherIssuersMember
2025-12-31
0000842180
country:US
bbva:OtherIssuersMember
2024-12-31
0000842180
country:US
bbva:OtherIssuersMember
2023-12-31
0000842180
country:TR
2025-12-31
0000842180
country:TR
2024-12-31
0000842180
country:TR
2023-12-31
0000842180
country:TR
ifrs-full:GovernmentMember
2025-12-31
0000842180
country:TR
ifrs-full:GovernmentMember
2024-12-31
0000842180
country:TR
ifrs-full:GovernmentMember
2023-12-31
0000842180
country:TR
bbva:OtherIssuersMember
2025-12-31
0000842180
country:TR
bbva:OtherIssuersMember
2024-12-31
0000842180
country:TR
bbva:OtherIssuersMember
2023-12-31
0000842180
bbva:OtherCountriesMember
2025-12-31
0000842180
bbva:OtherCountriesMember
2024-12-31
0000842180
bbva:OtherCountriesMember
2023-12-31
0000842180
bbva:OtherCountriesMember
ifrs-full:GovernmentMember
2025-12-31
0000842180
bbva:OtherCountriesMember
ifrs-full:GovernmentMember
2024-12-31
0000842180
bbva:OtherCountriesMember
ifrs-full:GovernmentMember
2023-12-31
0000842180
bbva:OtherCountriesMember
bbva:CentralBanksMember
2025-12-31
0000842180
bbva:OtherCountriesMember
bbva:CentralBanksMember
2024-12-31
0000842180
bbva:OtherCountriesMember
bbva:CentralBanksMember
2023-12-31
0000842180
bbva:OtherCountriesMember
bbva:CreditInstitutionsMember
2025-12-31
0000842180
bbva:OtherCountriesMember
bbva:CreditInstitutionsMember
2024-12-31
0000842180
bbva:OtherCountriesMember
bbva:CreditInstitutionsMember
2023-12-31
0000842180
bbva:OtherCountriesMember
bbva:OtherIssuersMember
2025-12-31
0000842180
bbva:OtherCountriesMember
bbva:OtherIssuersMember
2024-12-31
0000842180
bbva:OtherCountriesMember
bbva:OtherIssuersMember
2023-12-31
0000842180
bbva:TotalForeignMember
2025-12-31
0000842180
bbva:TotalForeignMember
2024-12-31
0000842180
bbva:TotalForeignMember
2023-12-31
0000842180
bbva:BBVAAAARatingMember
2025-12-31
0000842180
bbva:BBVAAAARatingMember
2024-12-31
0000842180
bbva:BBVAAAARatingMember
2023-12-31
0000842180
bbva:BBVAAAPlusRatingMember
2025-12-31
0000842180
bbva:BBVAAAPlusRatingMember
2024-12-31
0000842180
bbva:BBVAAAPlusRatingMember
2023-12-31
0000842180
bbva:BBVAAARatingMember
2025-12-31
0000842180
bbva:BBVAAARatingMember
2024-12-31
0000842180
bbva:BBVAAARatingMember
2023-12-31
0000842180
bbva:BBVAAAMinusRatingMember
2025-12-31
0000842180
bbva:BBVAAAMinusRatingMember
2024-12-31
0000842180
bbva:BBVAAAMinusRatingMember
2023-12-31
0000842180
bbva:BBVAAPlusRatingMember
2025-12-31
0000842180
bbva:BBVAAPlusRatingMember
2024-12-31
0000842180
bbva:BBVAAPlusRatingMember
2023-12-31
0000842180
bbva:BBVAARatingMember
2025-12-31
0000842180
bbva:BBVAARatingMember
2024-12-31
0000842180
bbva:BBVAARatingMember
2023-12-31
0000842180
bbva:BBVAAMinusRatingMember
2025-12-31
0000842180
bbva:BBVAAMinusRatingMember
2024-12-31
0000842180
bbva:BBVAAMinusRatingMember
2023-12-31
0000842180
bbva:BBVABBBPlusRatingMember
2025-12-31
0000842180
bbva:BBVABBBPlusRatingMember
2024-12-31
0000842180
bbva:BBVABBBPlusRatingMember
2023-12-31
0000842180
bbva:BBVABBBRatingMember
2025-12-31
0000842180
bbva:BBVABBBRatingMember
2024-12-31
0000842180
bbva:BBVABBBRatingMember
2023-12-31
0000842180
bbva:BBVABBBMinusRatingMember
2025-12-31
0000842180
bbva:BBVABBBMinusRatingMember
2024-12-31
0000842180
bbva:BBVABBBMinusRatingMember
2023-12-31
0000842180
bbva:BBVABBPlusRatingMember
2025-12-31
0000842180
bbva:BBVABBPlusRatingMember
2024-12-31
0000842180
bbva:BBVABBPlusRatingMember
2023-12-31
0000842180
bbva:UnclassifiedMember
2025-12-31
0000842180
bbva:UnclassifiedMember
2024-12-31
0000842180
bbva:UnclassifiedMember
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
2023-01-01
2023-12-31
0000842180
ifrs-full:EquityInvestmentsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:EquityInvestmentsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:EquityInvestmentsMember
2023-01-01
2023-12-31
0000842180
bbva:CentralBanksMember
2025-12-31
0000842180
bbva:CentralBanksMember
2024-12-31
0000842180
bbva:CentralBanksMember
2023-12-31
0000842180
ifrs-full:GovernmentMember
2025-12-31
0000842180
ifrs-full:GovernmentMember
2024-12-31
0000842180
ifrs-full:GovernmentMember
2023-12-31
0000842180
bbva:CreditInstitutionsMember
2025-12-31
0000842180
bbva:CreditInstitutionsMember
2024-12-31
0000842180
bbva:CreditInstitutionsMember
2023-12-31
0000842180
bbva:OtherFinancialCorporationsMember
2025-12-31
0000842180
bbva:OtherFinancialCorporationsMember
2024-12-31
0000842180
bbva:OtherFinancialCorporationsMember
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
2023-12-31
0000842180
bbva:ReverseRepurchaseAgreementsMember
2025-12-31
0000842180
bbva:ReverseRepurchaseAgreementsMember
2024-12-31
0000842180
bbva:ReverseRepurchaseAgreementsMember
2023-12-31
0000842180
bbva:OtherLoansAndAdvancesMember
2025-12-31
0000842180
bbva:OtherLoansAndAdvancesMember
2024-12-31
0000842180
bbva:OtherLoansAndAdvancesMember
2023-12-31
0000842180
bbva:OtherMember
2025-12-31
0000842180
bbva:OtherMember
2024-12-31
0000842180
bbva:OtherMember
2023-12-31
0000842180
bbva:OfWhichImpairedAssetsOfLoansAndAdvancesToCustomersMember
2024-12-31
0000842180
bbva:OfWhichImpairedAssetsOfLoansAndAdvancesToCustomersMember
2023-12-31
0000842180
bbva:OfWhichLossAllowancesOfDebtSecuritiesMember
2025-12-31
0000842180
bbva:OfWhichLossAllowancesOfDebtSecuritiesMember
2024-12-31
0000842180
bbva:OfWhichLossAllowancesOfDebtSecuritiesMember
2023-12-31
0000842180
ifrs-full:GovernmentMember
bbva:DomesticDebtSecuritiesMember
2025-12-31
0000842180
ifrs-full:GovernmentMember
bbva:DomesticDebtSecuritiesMember
2024-12-31
0000842180
ifrs-full:GovernmentMember
bbva:DomesticDebtSecuritiesMember
2023-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:DomesticDebtSecuritiesMember
2025-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:DomesticDebtSecuritiesMember
2024-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:DomesticDebtSecuritiesMember
2023-12-31
0000842180
bbva:OtherIssuersMember
bbva:DomesticDebtSecuritiesMember
2025-12-31
0000842180
bbva:OtherIssuersMember
bbva:DomesticDebtSecuritiesMember
2024-12-31
0000842180
bbva:OtherIssuersMember
bbva:DomesticDebtSecuritiesMember
2023-12-31
0000842180
bbva:DomesticDebtSecuritiesMember
2025-12-31
0000842180
bbva:DomesticDebtSecuritiesMember
2024-12-31
0000842180
bbva:DomesticDebtSecuritiesMember
2023-12-31
0000842180
country:MX
2025-12-31
0000842180
country:MX
2024-12-31
0000842180
country:MX
2023-12-31
0000842180
ifrs-full:GovernmentMember
country:MX
2025-12-31
0000842180
ifrs-full:GovernmentMember
country:MX
2024-12-31
0000842180
ifrs-full:GovernmentMember
country:MX
2023-12-31
0000842180
bbva:CentralBanksMember
country:MX
2025-12-31
0000842180
bbva:CentralBanksMember
country:MX
2024-12-31
0000842180
bbva:CentralBanksMember
country:MX
2023-12-31
0000842180
bbva:CreditInstitutionsMember
country:MX
2025-12-31
0000842180
bbva:CreditInstitutionsMember
country:MX
2024-12-31
0000842180
bbva:CreditInstitutionsMember
country:MX
2023-12-31
0000842180
bbva:OtherIssuersMember
country:MX
2025-12-31
0000842180
bbva:OtherIssuersMember
country:MX
2024-12-31
0000842180
bbva:OtherIssuersMember
country:MX
2023-12-31
0000842180
country:US
2025-12-31
0000842180
country:US
2024-12-31
0000842180
country:US
2023-12-31
0000842180
ifrs-full:GovernmentMember
country:US
2025-12-31
0000842180
ifrs-full:GovernmentMember
country:US
2024-12-31
0000842180
ifrs-full:GovernmentMember
country:US
2023-12-31
0000842180
bbva:CreditInstitutionsMember
country:US
2025-12-31
0000842180
bbva:CreditInstitutionsMember
country:US
2024-12-31
0000842180
bbva:CreditInstitutionsMember
country:US
2023-12-31
0000842180
bbva:OtherIssuersMember
country:US
2025-12-31
0000842180
bbva:OtherIssuersMember
country:US
2024-12-31
0000842180
bbva:OtherIssuersMember
country:US
2023-12-31
0000842180
country:TR
2025-12-31
0000842180
country:TR
2024-12-31
0000842180
country:TR
2023-12-31
0000842180
ifrs-full:GovernmentMember
country:TR
2025-12-31
0000842180
ifrs-full:GovernmentMember
country:TR
2024-12-31
0000842180
ifrs-full:GovernmentMember
country:TR
2023-12-31
0000842180
bbva:CreditInstitutionsMember
country:TR
2025-12-31
0000842180
bbva:CreditInstitutionsMember
country:TR
2024-12-31
0000842180
bbva:CreditInstitutionsMember
country:TR
2023-12-31
0000842180
bbva:OtherIssuersMember
country:TR
2025-12-31
0000842180
bbva:OtherIssuersMember
country:TR
2024-12-31
0000842180
bbva:OtherIssuersMember
country:TR
2023-12-31
0000842180
bbva:OtherCountriesMember
2025-12-31
0000842180
bbva:OtherCountriesMember
2024-12-31
0000842180
bbva:OtherCountriesMember
2023-12-31
0000842180
ifrs-full:GovernmentMember
bbva:OtherCountriesMember
2025-12-31
0000842180
ifrs-full:GovernmentMember
bbva:OtherCountriesMember
2024-12-31
0000842180
ifrs-full:GovernmentMember
bbva:OtherCountriesMember
2023-12-31
0000842180
bbva:CentralBanksMember
bbva:OtherCountriesMember
2025-12-31
0000842180
bbva:CentralBanksMember
bbva:OtherCountriesMember
2024-12-31
0000842180
bbva:CentralBanksMember
bbva:OtherCountriesMember
2023-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:OtherCountriesMember
2025-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:OtherCountriesMember
2024-12-31
0000842180
bbva:CreditInstitutionsMember
bbva:OtherCountriesMember
2023-12-31
0000842180
bbva:OtherIssuersMember
bbva:OtherCountriesMember
2025-12-31
0000842180
bbva:OtherIssuersMember
bbva:OtherCountriesMember
2024-12-31
0000842180
bbva:OtherIssuersMember
bbva:OtherCountriesMember
2023-12-31
0000842180
bbva:ForeignDebtSecuritiesMember
2025-12-31
0000842180
bbva:ForeignDebtSecuritiesMember
2024-12-31
0000842180
bbva:ForeignDebtSecuritiesMember
2023-12-31
0000842180
bbva:BBVAAAARatingMember
2025-12-31
0000842180
bbva:BBVAAAARatingMember
2024-12-31
0000842180
bbva:BBVAAAARatingMember
2023-12-31
0000842180
bbva:BBVAAAPlusMember
2025-12-31
0000842180
bbva:BBVAAAPlusMember
2024-12-31
0000842180
bbva:BBVAAAPlusMember
2023-12-31
0000842180
bbva:BBVAAARatingMember
2025-12-31
0000842180
bbva:BBVAAARatingMember
2024-12-31
0000842180
bbva:BBVAAARatingMember
2023-12-31
0000842180
bbva:BBVAAAMinusRatingMember
2025-12-31
0000842180
bbva:BBVAAAMinusRatingMember
2024-12-31
0000842180
bbva:BBVAAAMinusRatingMember
2023-12-31
0000842180
bbva:BBVAAPlusRatingMember
2025-12-31
0000842180
bbva:BBVAAPlusRatingMember
2024-12-31
0000842180
bbva:BBVAAPlusRatingMember
2023-12-31
0000842180
bbva:BBVAARatingMember
2025-12-31
0000842180
bbva:BBVAARatingMember
2024-12-31
0000842180
bbva:BBVAARatingMember
2023-12-31
0000842180
bbva:BBVAAMinusRatingMember
2025-12-31
0000842180
bbva:BBVAAMinusRatingMember
2024-12-31
0000842180
bbva:BBVAAMinusRatingMember
2023-12-31
0000842180
bbva:BBVABBBPlusRatingMember
2025-12-31
0000842180
bbva:BBVABBBPlusRatingMember
2024-12-31
0000842180
bbva:BBVABBBPlusRatingMember
2023-12-31
0000842180
bbva:BBVABBBRatingMember
2025-12-31
0000842180
bbva:BBVABBBRatingMember
2024-12-31
0000842180
bbva:BBVABBBRatingMember
2023-12-31
0000842180
bbva:BBVABBBMinusRatingMember
2025-12-31
0000842180
bbva:BBVABBBMinusRatingMember
2024-12-31
0000842180
bbva:BBVABBBMinusRatingMember
2023-12-31
0000842180
bbva:BBVABBPlusRatingMember
2025-12-31
0000842180
bbva:BBVABBPlusRatingMember
2024-12-31
0000842180
bbva:BBVABBPlusRatingMember
2023-12-31
0000842180
bbva:UnclassifiedMember
2025-12-31
0000842180
bbva:UnclassifiedMember
2024-12-31
0000842180
bbva:UnclassifiedMember
2023-12-31
0000842180
ifrs-full:OnDemandMember
2025-12-31
0000842180
ifrs-full:OnDemandMember
2024-12-31
0000842180
ifrs-full:OnDemandMember
2023-12-31
0000842180
bbva:CreditCardDebtMember
2025-12-31
0000842180
bbva:CreditCardDebtMember
2024-12-31
0000842180
bbva:CreditCardDebtMember
2023-12-31
0000842180
ifrs-full:TradeReceivablesMember
2025-12-31
0000842180
ifrs-full:TradeReceivablesMember
2024-12-31
0000842180
ifrs-full:TradeReceivablesMember
2023-12-31
0000842180
ifrs-full:LeaseReceivablesMember
2025-12-31
0000842180
ifrs-full:LeaseReceivablesMember
2024-12-31
0000842180
ifrs-full:LeaseReceivablesMember
2023-12-31
0000842180
bbva:ReverseRepurchaseAgreementsMember
2025-12-31
0000842180
bbva:ReverseRepurchaseAgreementsMember
2024-12-31
0000842180
bbva:ReverseRepurchaseAgreementsMember
2023-12-31
0000842180
bbva:OtherTermLoansMember
2025-12-31
0000842180
bbva:OtherTermLoansMember
2024-12-31
0000842180
bbva:OtherTermLoansMember
2023-12-31
0000842180
bbva:AdvancesThatAreNotLoansMember
2025-12-31
0000842180
bbva:AdvancesThatAreNotLoansMember
2024-12-31
0000842180
bbva:AdvancesThatAreNotLoansMember
2023-12-31
0000842180
ifrs-full:FixedInterestRateMember
2025-12-31
0000842180
ifrs-full:FixedInterestRateMember
2024-12-31
0000842180
ifrs-full:FixedInterestRateMember
2023-12-31
0000842180
ifrs-full:FloatingInterestRateMember
2025-12-31
0000842180
ifrs-full:FloatingInterestRateMember
2024-12-31
0000842180
ifrs-full:FloatingInterestRateMember
2023-12-31
0000842180
ifrs-full:InterestRateRiskMember
2025-12-31
0000842180
ifrs-full:InterestRateRiskMember
2024-12-31
0000842180
ifrs-full:InterestRateRiskMember
2023-12-31
0000842180
bbva:OTCOptionsMember
ifrs-full:InterestRateRiskMember
2025-12-31
0000842180
bbva:OTCOptionsMember
ifrs-full:InterestRateRiskMember
2024-12-31
0000842180
bbva:OTCOptionsMember
ifrs-full:InterestRateRiskMember
2023-12-31
0000842180
bbva:OrganizedMarketOptionsMember
ifrs-full:InterestRateRiskMember
2025-12-31
0000842180
bbva:OrganizedMarketOptionsMember
ifrs-full:InterestRateRiskMember
2024-12-31
0000842180
bbva:OrganizedMarketOptionsMember
ifrs-full:InterestRateRiskMember
2023-12-31
0000842180
ifrs-full:EquityPriceRiskMember
2025-12-31
0000842180
ifrs-full:EquityPriceRiskMember
2024-12-31
0000842180
ifrs-full:EquityPriceRiskMember
2023-12-31
0000842180
bbva:OTCOptionsMember
ifrs-full:EquityPriceRiskMember
2025-12-31
0000842180
bbva:OTCOptionsMember
ifrs-full:EquityPriceRiskMember
2024-12-31
0000842180
bbva:OTCOptionsMember
ifrs-full:EquityPriceRiskMember
2023-12-31
0000842180
bbva:OrganizedMarketOptionsMember
ifrs-full:EquityPriceRiskMember
2025-12-31
0000842180
bbva:OrganizedMarketOptionsMember
ifrs-full:EquityPriceRiskMember
2024-12-31
0000842180
bbva:OrganizedMarketOptionsMember
ifrs-full:EquityPriceRiskMember
2023-12-31
0000842180
bbva:ForeignExchangeAndGoldRiskMember
2025-12-31
0000842180
bbva:ForeignExchangeAndGoldRiskMember
2024-12-31
0000842180
bbva:ForeignExchangeAndGoldRiskMember
2023-12-31
0000842180
bbva:OTCOptionsMember
bbva:ForeignExchangeAndGoldRiskMember
2025-12-31
0000842180
bbva:OTCOptionsMember
bbva:ForeignExchangeAndGoldRiskMember
2024-12-31
0000842180
bbva:OTCOptionsMember
bbva:ForeignExchangeAndGoldRiskMember
2023-12-31
0000842180
bbva:OrganizedMarketOptionsMember
bbva:ForeignExchangeAndGoldRiskMember
2025-12-31
0000842180
bbva:OrganizedMarketOptionsMember
bbva:ForeignExchangeAndGoldRiskMember
2024-12-31
0000842180
bbva:OrganizedMarketOptionsMember
bbva:ForeignExchangeAndGoldRiskMember
2023-12-31
0000842180
ifrs-full:CreditRiskMember
2025-12-31
0000842180
ifrs-full:CreditRiskMember
2024-12-31
0000842180
ifrs-full:CreditRiskMember
2023-12-31
0000842180
ifrs-full:CommodityPriceRiskMember
2025-12-31
0000842180
ifrs-full:CommodityPriceRiskMember
2024-12-31
0000842180
ifrs-full:CommodityPriceRiskMember
2023-12-31
0000842180
ifrs-full:OtherPriceRiskMember
2025-12-31
0000842180
ifrs-full:OtherPriceRiskMember
2024-12-31
0000842180
ifrs-full:OtherPriceRiskMember
2023-12-31
0000842180
ifrs-full:FairValueHedgesMember
2025-12-31
0000842180
ifrs-full:FairValueHedgesMember
2024-12-31
0000842180
ifrs-full:FairValueHedgesMember
2023-12-31
0000842180
bbva:InterestRateRiskHedgesCashFlowMember
2025-12-31
0000842180
bbva:InterestRateRiskHedgesCashFlowMember
2024-12-31
0000842180
bbva:InterestRateRiskHedgesCashFlowMember
2023-12-31
0000842180
bbva:OTCOptionsMember
bbva:InterestRateRiskHedgesCashFlowMember
2025-12-31
0000842180
bbva:OTCOptionsMember
bbva:InterestRateRiskHedgesCashFlowMember
2024-12-31
0000842180
bbva:OTCOptionsMember
bbva:InterestRateRiskHedgesCashFlowMember
2023-12-31
0000842180
bbva:OrganizedMarketOptionsMember
bbva:InterestRateRiskHedgesCashFlowMember
2025-12-31
0000842180
bbva:OrganizedMarketOptionsMember
bbva:InterestRateRiskHedgesCashFlowMember
2024-12-31
0000842180
bbva:OrganizedMarketOptionsMember
bbva:InterestRateRiskHedgesCashFlowMember
2023-12-31
0000842180
bbva:EquityInstrumentsRiskHedgeCashFlowMember
2025-12-31
0000842180
bbva:EquityInstrumentsRiskHedgeCashFlowMember
2024-12-31
0000842180
bbva:EquityInstrumentsRiskHedgeCashFlowMember
2023-12-31
0000842180
bbva:ForeignExchangeAndGoldRiskHedgeCashFlowMember
2025-12-31
0000842180
bbva:ForeignExchangeAndGoldRiskHedgeCashFlowMember
2024-12-31
0000842180
bbva:ForeignExchangeAndGoldRiskHedgeCashFlowMember
2023-12-31
0000842180
bbva:OTCOptionsMember
bbva:ForeignExchangeAndGoldRiskHedgeCashFlowMember
2025-12-31
0000842180
bbva:OTCOptionsMember
bbva:ForeignExchangeAndGoldRiskHedgeCashFlowMember
2024-12-31
0000842180
bbva:OTCOptionsMember
bbva:ForeignExchangeAndGoldRiskHedgeCashFlowMember
2023-12-31
0000842180
bbva:OrganizedMarketOptionsMember
bbva:ForeignExchangeAndGoldRiskHedgeCashFlowMember
2025-12-31
0000842180
bbva:OrganizedMarketOptionsMember
bbva:ForeignExchangeAndGoldRiskHedgeCashFlowMember
2024-12-31
0000842180
bbva:OrganizedMarketOptionsMember
bbva:ForeignExchangeAndGoldRiskHedgeCashFlowMember
2023-12-31
0000842180
bbva:CreditRiskHedgeCashFlowMember
2025-12-31
0000842180
bbva:CreditRiskHedgeCashFlowMember
2024-12-31
0000842180
bbva:CreditRiskHedgeCashFlowMember
2023-12-31
0000842180
bbva:CommoditiesRiskHedgeCashFlowMember
2025-12-31
0000842180
bbva:CommoditiesRiskHedgeCashFlowMember
2024-12-31
0000842180
bbva:CommoditiesRiskHedgeCashFlowMember
2023-12-31
0000842180
bbva:OtherRiskHedgeCashFlowMember
2025-12-31
0000842180
bbva:OtherRiskHedgeCashFlowMember
2024-12-31
0000842180
bbva:OtherRiskHedgeCashFlowMember
2023-12-31
0000842180
ifrs-full:CashFlowHedgesMember
2025-12-31
0000842180
ifrs-full:CashFlowHedgesMember
2024-12-31
0000842180
ifrs-full:CashFlowHedgesMember
2023-12-31
0000842180
ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember
2025-12-31
0000842180
ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember
2024-12-31
0000842180
ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember
2023-12-31
0000842180
bbva:PortfolioFairValueHedgesOfInterestRateRiskMember
2025-12-31
0000842180
bbva:PortfolioFairValueHedgesOfInterestRateRiskMember
2024-12-31
0000842180
bbva:PortfolioFairValueHedgesOfInterestRateRiskMember
2023-12-31
0000842180
bbva:PortfolioCashFlowHedgesOfInterestRateRiskMember
2025-12-31
0000842180
bbva:PortfolioCashFlowHedgesOfInterestRateRiskMember
2024-12-31
0000842180
bbva:PortfolioCashFlowHedgesOfInterestRateRiskMember
2023-12-31
0000842180
bbva:OfWhichOTCCreditInstitutionsMember
2025-12-31
0000842180
bbva:OfWhichOTCCreditInstitutionsMember
2024-12-31
0000842180
bbva:OfWhichOTCCreditInstitutionsMember
2023-12-31
0000842180
bbva:OfWhichOTCOtherFinancialCorporationsMember
2025-12-31
0000842180
bbva:OfWhichOTCOtherFinancialCorporationsMember
2024-12-31
0000842180
bbva:OfWhichOTCOtherFinancialCorporationsMember
2023-12-31
0000842180
ifrs-full:FairValueHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassMember
ifrs-full:FairValueHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassMember
ifrs-full:DebtSecuritiesMember
ifrs-full:FairValueHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassMember
ifrs-full:InvestmentsInEquityInstrumentsDesignatedAtFairValueThroughOtherComprehensiveIncomeDomain
ifrs-full:FairValueHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassMember
ifrs-full:LoansAndReceivablesCategoryMember
ifrs-full:FairValueHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostMember
ifrs-full:FairValueHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostMember
ifrs-full:DebtSecuritiesMember
ifrs-full:FairValueHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostMember
ifrs-full:LoansAndReceivablesCategoryMember
ifrs-full:FairValueHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
ifrs-full:FairValueHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
ifrs-full:DebtSecuritiesMember
ifrs-full:FairValueHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
bbva:DepositLiabilitiesMember
ifrs-full:FairValueHedgesMember
2025-12-31
0000842180
ifrs-full:FairValueHedgesMember
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassMember
ifrs-full:FairValueHedgesMember
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassMember
ifrs-full:DebtSecuritiesMember
ifrs-full:FairValueHedgesMember
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostMember
ifrs-full:FairValueHedgesMember
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostMember
ifrs-full:DebtSecuritiesMember
ifrs-full:FairValueHedgesMember
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostMember
ifrs-full:LoansAndReceivablesCategoryMember
ifrs-full:FairValueHedgesMember
2024-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
ifrs-full:FairValueHedgesMember
2024-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
ifrs-full:DebtSecuritiesMember
ifrs-full:FairValueHedgesMember
2024-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
bbva:DepositLiabilitiesMember
ifrs-full:FairValueHedgesMember
2024-12-31
0000842180
ifrs-full:CashFlowHedgesMember
2025-12-31
0000842180
ifrs-full:CashFlowHedgesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassMember
ifrs-full:CashFlowHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassMember
ifrs-full:CashFlowHedgesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassMember
ifrs-full:DebtSecuritiesMember
ifrs-full:CashFlowHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassMember
ifrs-full:DebtSecuritiesMember
ifrs-full:CashFlowHedgesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostMember
ifrs-full:CashFlowHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostMember
ifrs-full:CashFlowHedgesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostMember
ifrs-full:DebtSecuritiesMember
ifrs-full:CashFlowHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostMember
ifrs-full:DebtSecuritiesMember
ifrs-full:CashFlowHedgesMember
2025-01-01
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:CashFlowHedgesMember
2025-12-31
0000842180
bbva:LoansAndAdvancesMember
ifrs-full:CashFlowHedgesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
ifrs-full:CashFlowHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
ifrs-full:CashFlowHedgesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
ifrs-full:DebtSecuritiesMember
ifrs-full:CashFlowHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
ifrs-full:DebtSecuritiesMember
ifrs-full:CashFlowHedgesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
bbva:DepositLiabilitiesMember
ifrs-full:CashFlowHedgesMember
2025-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
bbva:DepositLiabilitiesMember
ifrs-full:CashFlowHedgesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:CashFlowHedgesMember
2024-12-31
0000842180
ifrs-full:CashFlowHedgesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassMember
ifrs-full:CashFlowHedgesMember
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassMember
ifrs-full:CashFlowHedgesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassMember
ifrs-full:DebtSecuritiesMember
ifrs-full:CashFlowHedgesMember
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassMember
ifrs-full:DebtSecuritiesMember
ifrs-full:CashFlowHedgesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostMember
ifrs-full:CashFlowHedgesMember
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostMember
ifrs-full:CashFlowHedgesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostMember
ifrs-full:DebtSecuritiesMember
ifrs-full:CashFlowHedgesMember
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtAmortisedCostMember
ifrs-full:DebtSecuritiesMember
ifrs-full:CashFlowHedgesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
ifrs-full:CashFlowHedgesMember
2024-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
ifrs-full:CashFlowHedgesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
ifrs-full:DebtSecuritiesMember
ifrs-full:CashFlowHedgesMember
2024-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
ifrs-full:DebtSecuritiesMember
ifrs-full:CashFlowHedgesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
bbva:DepositLiabilitiesMember
ifrs-full:CashFlowHedgesMember
2024-12-31
0000842180
ifrs-full:FinancialLiabilitiesAtAmortisedCostMember
bbva:DepositLiabilitiesMember
ifrs-full:CashFlowHedgesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember
2025-12-31
0000842180
ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember
2024-12-31
0000842180
ifrs-full:FairValueHedgesMember
ifrs-full:NotLaterThanThreeMonthsMember
2025-12-31
0000842180
ifrs-full:FairValueHedgesMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
ifrs-full:FairValueHedgesMember
ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
ifrs-full:FairValueHedgesMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
ifrs-full:FairValueHedgesMember
2025-12-31
0000842180
bbva:OfWhichInterestRateFairValueHedgesMember
ifrs-full:NotLaterThanThreeMonthsMember
2025-12-31
0000842180
bbva:OfWhichInterestRateFairValueHedgesMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
bbva:OfWhichInterestRateFairValueHedgesMember
ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
bbva:OfWhichInterestRateFairValueHedgesMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
bbva:OfWhichInterestRateFairValueHedgesMember
2025-12-31
0000842180
ifrs-full:CashFlowHedgesMember
ifrs-full:NotLaterThanThreeMonthsMember
2025-12-31
0000842180
ifrs-full:CashFlowHedgesMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
ifrs-full:CashFlowHedgesMember
ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
ifrs-full:CashFlowHedgesMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
ifrs-full:CashFlowHedgesMember
2025-12-31
0000842180
bbva:OfWhichInterestRateCashFlowHedgesMember
ifrs-full:NotLaterThanThreeMonthsMember
2025-12-31
0000842180
bbva:OfWhichInterestRateCashFlowHedgesMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
bbva:OfWhichInterestRateCashFlowHedgesMember
ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
bbva:OfWhichInterestRateCashFlowHedgesMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
bbva:OfWhichInterestRateCashFlowHedgesMember
2025-12-31
0000842180
ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember
ifrs-full:NotLaterThanThreeMonthsMember
2025-12-31
0000842180
ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember
ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember
2025-12-31
0000842180
bbva:PortfolioFairValueHedgesOfInterestRateRiskMember
ifrs-full:NotLaterThanThreeMonthsMember
2025-12-31
0000842180
bbva:PortfolioFairValueHedgesOfInterestRateRiskMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
bbva:PortfolioFairValueHedgesOfInterestRateRiskMember
ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
bbva:PortfolioFairValueHedgesOfInterestRateRiskMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
bbva:PortfolioFairValueHedgesOfInterestRateRiskMember
2025-12-31
0000842180
bbva:PortfolioCashFlowHedgesOfInterestRateRiskMember
ifrs-full:NotLaterThanThreeMonthsMember
2025-12-31
0000842180
bbva:PortfolioCashFlowHedgesOfInterestRateRiskMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
bbva:PortfolioCashFlowHedgesOfInterestRateRiskMember
ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
bbva:PortfolioCashFlowHedgesOfInterestRateRiskMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
bbva:PortfolioCashFlowHedgesOfInterestRateRiskMember
2025-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:NotLaterThanThreeMonthsMember
2025-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:LaterThanThreeMonthsAndNotLaterThanOneYearMember
2025-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
ifrs-full:DerivativesMember
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
ifrs-full:DerivativesMember
2025-12-31
0000842180
bbva:AlturaMarketsSVSAMember
2025-12-31
0000842180
bbva:AlturaMarketsSVSAMember
2024-12-31
0000842180
bbva:AlturaMarketsSVSAMember
2023-12-31
0000842180
bbva:RCIColombiaMember
2025-12-31
0000842180
bbva:RCIColombiaMember
2024-12-31
0000842180
bbva:RCIColombiaMember
2023-12-31
0000842180
bbva:OtherJointVenturesMember
2025-12-31
0000842180
bbva:OtherJointVenturesMember
2024-12-31
0000842180
bbva:OtherJointVenturesMember
2023-12-31
0000842180
bbva:MetrovacesaSAMember
2025-12-31
0000842180
bbva:MetrovacesaSAMember
2024-12-31
0000842180
bbva:MetrovacesaSAMember
2023-12-31
0000842180
bbva:BBVAAllianzSegurosYReasegurosSAMember
2025-12-31
0000842180
bbva:BBVAAllianzSegurosYReasegurosSAMember
2024-12-31
0000842180
bbva:BBVAAllianzSegurosYReasegurosSAMember
2023-12-31
0000842180
bbva:ATOMHoldomLimitedMember
2025-12-31
0000842180
bbva:ATOMHoldomLimitedMember
2024-12-31
0000842180
bbva:ATOMHoldomLimitedMember
2023-12-31
0000842180
bbva:ServiciosElectronicosGlobalesSADeCVMember
2025-12-31
0000842180
bbva:ServiciosElectronicosGlobalesSADeCVMember
2024-12-31
0000842180
bbva:ServiciosElectronicosGlobalesSADeCVMember
2023-12-31
0000842180
bbva:OtherAssociatesMember
2025-12-31
0000842180
bbva:OtherAssociatesMember
2024-12-31
0000842180
bbva:OtherAssociatesMember
2023-12-31
0000842180
ifrs-full:LandAndBuildingsMember
2024-12-31
0000842180
ifrs-full:ConstructionInProgressMember
2024-12-31
0000842180
sic:Z2590
2024-12-31
0000842180
ifrs-full:RightofuseAssetsMember
2024-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
2024-12-31
0000842180
ifrs-full:InvestmentPropertyMember
2024-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
2024-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:AdditionsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:AdditionsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
sic:Z2590
bbva:AdditionsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:AdditionsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:AdditionsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:AdditionsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:AdditionsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:AdditionsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:RetirementsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:RetirementsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
sic:Z2590
bbva:RetirementsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:RetirementsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:RetirementsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:RetirementsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:RetirementsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:RetirementsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2025-01-01
2025-12-31
0000842180
sic:Z2590
bbva:AcquisitionOfSubsidiariesInTheYearMember
2025-01-01
2025-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2025-01-01
2025-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2025-01-01
2025-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2025-01-01
2025-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2025-01-01
2025-12-31
0000842180
bbva:AcquisitionOfSubsidiariesInTheYearMember
2025-01-01
2025-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:DisposalOfEntitiesInTheYearMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:DisposalOfEntitiesInTheYearMember
2025-01-01
2025-12-31
0000842180
sic:Z2590
bbva:DisposalOfEntitiesInTheYearMember
2025-01-01
2025-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:DisposalOfEntitiesInTheYearMember
2025-01-01
2025-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:DisposalOfEntitiesInTheYearMember
2025-01-01
2025-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:DisposalOfEntitiesInTheYearMember
2025-01-01
2025-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:DisposalOfEntitiesInTheYearMember
2025-01-01
2025-12-31
0000842180
bbva:DisposalOfEntitiesInTheYearMember
2025-01-01
2025-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:TransfersOfTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:TransfersOfTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
sic:Z2590
bbva:TransfersOfTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:TransfersOfTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:TransfersOfTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:TransfersOfTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:TransfersOfTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:TransfersOfTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
sic:Z2590
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:LandAndBuildingsMember
2025-12-31
0000842180
ifrs-full:ConstructionInProgressMember
2025-12-31
0000842180
sic:Z2590
2025-12-31
0000842180
ifrs-full:RightofuseAssetsMember
2025-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
2025-12-31
0000842180
ifrs-full:InvestmentPropertyMember
2025-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
2025-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
sic:Z2590
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:LandAndBuildingsMember
2023-12-31
0000842180
ifrs-full:ConstructionInProgressMember
2023-12-31
0000842180
sic:Z2590
2023-12-31
0000842180
ifrs-full:RightofuseAssetsMember
2023-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
2023-12-31
0000842180
ifrs-full:InvestmentPropertyMember
2023-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
2023-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:AdditionsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:AdditionsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
sic:Z2590
bbva:AdditionsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:AdditionsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:AdditionsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:AdditionsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:AdditionsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:AdditionsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:RetirementsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:RetirementsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
sic:Z2590
bbva:RetirementsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:RetirementsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:RetirementsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:RetirementsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:RetirementsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:RetirementsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2024-01-01
2024-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2024-01-01
2024-12-31
0000842180
sic:Z2590
bbva:AcquisitionOfSubsidiariesInTheYearMember
2024-01-01
2024-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2024-01-01
2024-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2024-01-01
2024-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2024-01-01
2024-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2024-01-01
2024-12-31
0000842180
bbva:AcquisitionOfSubsidiariesInTheYearMember
2024-01-01
2024-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:DisposalOfEntitiesInTheYearMember
2024-01-01
2024-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:DisposalOfEntitiesInTheYearMember
2024-01-01
2024-12-31
0000842180
sic:Z2590
bbva:DisposalOfEntitiesInTheYearMember
2024-01-01
2024-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:DisposalOfEntitiesInTheYearMember
2024-01-01
2024-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:DisposalOfEntitiesInTheYearMember
2024-01-01
2024-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:DisposalOfEntitiesInTheYearMember
2024-01-01
2024-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:DisposalOfEntitiesInTheYearMember
2024-01-01
2024-12-31
0000842180
bbva:DisposalOfEntitiesInTheYearMember
2024-01-01
2024-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:TransfersOfTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:TransfersOfTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
sic:Z2590
bbva:TransfersOfTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:TransfersOfTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:TransfersOfTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:TransfersOfTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:TransfersOfTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:TransfersOfTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
sic:Z2590
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
sic:Z2590
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:LandAndBuildingsMember
2022-12-31
0000842180
ifrs-full:ConstructionInProgressMember
2022-12-31
0000842180
sic:Z2590
2022-12-31
0000842180
ifrs-full:RightofuseAssetsMember
2022-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
2022-12-31
0000842180
ifrs-full:InvestmentPropertyMember
2022-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
2022-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:AdditionsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:AdditionsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
sic:Z2590
bbva:AdditionsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:AdditionsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:AdditionsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:AdditionsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:AdditionsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:AdditionsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:RetirementsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:RetirementsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
sic:Z2590
bbva:RetirementsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:RetirementsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:RetirementsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:RetirementsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:RetirementsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:RetirementsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2023-01-01
2023-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2023-01-01
2023-12-31
0000842180
sic:Z2590
bbva:AcquisitionOfSubsidiariesInTheYearMember
2023-01-01
2023-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2023-01-01
2023-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2023-01-01
2023-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2023-01-01
2023-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:AcquisitionOfSubsidiariesInTheYearMember
2023-01-01
2023-12-31
0000842180
bbva:AcquisitionOfSubsidiariesInTheYearMember
2023-01-01
2023-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:DisposalOfEntitiesInTheYearMember
2023-01-01
2023-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:DisposalOfEntitiesInTheYearMember
2023-01-01
2023-12-31
0000842180
sic:Z2590
bbva:DisposalOfEntitiesInTheYearMember
2023-01-01
2023-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:DisposalOfEntitiesInTheYearMember
2023-01-01
2023-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:DisposalOfEntitiesInTheYearMember
2023-01-01
2023-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:DisposalOfEntitiesInTheYearMember
2023-01-01
2023-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:DisposalOfEntitiesInTheYearMember
2023-01-01
2023-12-31
0000842180
bbva:DisposalOfEntitiesInTheYearMember
2023-01-01
2023-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:TransfersOfTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:TransfersOfTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
sic:Z2590
bbva:TransfersOfTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:TransfersOfTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:TransfersOfTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:TransfersOfTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:TransfersOfTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:TransfersOfTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
sic:Z2590
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:ExchangeDifferenceAndOtherTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:LandAndBuildingsMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:ConstructionInProgressMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
sic:Z2590
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:RightofuseAssetsMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:RightToUseInvestmentPropertiesMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:InvestmentPropertyMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:TangibleAssetsLeasedOutUnderAnOperatingLeaseMember
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:AdditionsTransferToDiscontinuedOperationsTangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:BBVAAndSpanishSubsidiariesMember
2025-12-31
0000842180
bbva:BBVAAndSpanishSubsidiariesMember
2024-12-31
0000842180
bbva:BBVAAndSpanishSubsidiariesMember
2023-12-31
0000842180
bbva:ForeignSubsidiariesMember
2025-12-31
0000842180
bbva:ForeignSubsidiariesMember
2024-12-31
0000842180
bbva:ForeignSubsidiariesMember
2023-12-31
0000842180
country:MX
2022-12-31
0000842180
country:CO
2022-12-31
0000842180
country:CL
2022-12-31
0000842180
bbva:OtherCountriesMember
2022-12-31
0000842180
country:MX
2023-01-01
2023-12-31
0000842180
country:CO
2023-01-01
2023-12-31
0000842180
country:CL
2023-01-01
2023-12-31
0000842180
bbva:OtherCountriesMember
2023-01-01
2023-12-31
0000842180
country:MX
2023-12-31
0000842180
country:CO
2023-12-31
0000842180
country:CL
2023-12-31
0000842180
bbva:OtherCountriesMember
2023-12-31
0000842180
country:MX
2024-01-01
2024-12-31
0000842180
country:CO
2024-01-01
2024-12-31
0000842180
country:CL
2024-01-01
2024-12-31
0000842180
bbva:OtherCountriesMember
2024-01-01
2024-12-31
0000842180
country:MX
2024-12-31
0000842180
country:CO
2024-12-31
0000842180
country:CL
2024-12-31
0000842180
bbva:OtherCountriesMember
2024-12-31
0000842180
country:MX
2025-01-01
2025-12-31
0000842180
country:CO
2025-01-01
2025-12-31
0000842180
country:CL
2025-01-01
2025-12-31
0000842180
bbva:OtherCountriesMember
2025-01-01
2025-12-31
0000842180
country:MX
2025-12-31
0000842180
country:CO
2025-12-31
0000842180
country:CL
2025-12-31
0000842180
bbva:OtherCountriesMember
2025-12-31
0000842180
country:MX
2025-12-31
0000842180
country:MX
2024-12-31
0000842180
country:MX
2023-12-31
0000842180
country:MX
bbva:IncreaseOf50BasisPointsMember
2025-12-31
0000842180
country:MX
bbva:DecreaseOf50BasisPointsMember
2025-12-31
0000842180
ifrs-full:ComputerSoftwareMember
2025-12-31
0000842180
ifrs-full:ComputerSoftwareMember
2024-12-31
0000842180
ifrs-full:ComputerSoftwareMember
2023-12-31
0000842180
ifrs-full:IntangibleAssetsWithIndefiniteUsefulLifeDomain
2025-12-31
0000842180
ifrs-full:IntangibleAssetsWithIndefiniteUsefulLifeDomain
2024-12-31
0000842180
ifrs-full:IntangibleAssetsWithIndefiniteUsefulLifeDomain
2023-12-31
0000842180
bbva:IntangibleAssetsWithDefiniteUsefulLifeMember
2025-12-31
0000842180
bbva:IntangibleAssetsWithDefiniteUsefulLifeMember
2024-12-31
0000842180
bbva:IntangibleAssetsWithDefiniteUsefulLifeMember
2023-12-31
0000842180
ifrs-full:ComputerSoftwareMember
2024-12-31
0000842180
ifrs-full:ComputerSoftwareMember
2023-12-31
0000842180
ifrs-full:ComputerSoftwareMember
2022-12-31
0000842180
ifrs-full:OtherIntangibleAssetsMember
2024-12-31
0000842180
ifrs-full:OtherIntangibleAssetsMember
2023-12-31
0000842180
ifrs-full:OtherIntangibleAssetsMember
2022-12-31
0000842180
bbva:TotalOfIntangibleAssetsMember
2024-12-31
0000842180
bbva:TotalOfIntangibleAssetsMember
2023-12-31
0000842180
bbva:TotalOfIntangibleAssetsMember
2022-12-31
0000842180
ifrs-full:ComputerSoftwareMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ComputerSoftwareMember
2024-01-01
2024-12-31
0000842180
ifrs-full:ComputerSoftwareMember
2023-01-01
2023-12-31
0000842180
ifrs-full:OtherIntangibleAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:OtherIntangibleAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:OtherIntangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:TotalOfIntangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:TotalOfIntangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:TotalOfIntangibleAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:ComputerSoftwareMember
2025-12-31
0000842180
ifrs-full:OtherIntangibleAssetsMember
2025-12-31
0000842180
bbva:TotalOfIntangibleAssetsMember
2025-12-31
0000842180
bbva:AmountOfReconciliationMember
2025-01-01
2025-12-31
0000842180
bbva:AmountOfReconciliationMember
2024-01-01
2024-12-31
0000842180
bbva:AmountOfReconciliationMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:AmountOfReconciliationMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:EffectiveTaxPercentageOnReconcilationMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:AmountOfReconciliationMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:EffectiveTaxPercentageOnReconcilationMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:AmountOfReconciliationMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:EffectiveTaxPercentageOnReconcilationMember
2023-01-01
2023-12-31
0000842180
country:CL
bbva:AmountOfReconciliationMember
2025-01-01
2025-12-31
0000842180
country:CL
bbva:EffectiveTaxPercentageOnReconcilationMember
2025-01-01
2025-12-31
0000842180
country:CL
bbva:AmountOfReconciliationMember
2024-01-01
2024-12-31
0000842180
country:CL
bbva:EffectiveTaxPercentageOnReconcilationMember
2024-01-01
2024-12-31
0000842180
country:CL
bbva:AmountOfReconciliationMember
2023-01-01
2023-12-31
0000842180
country:CL
bbva:EffectiveTaxPercentageOnReconcilationMember
2023-01-01
2023-12-31
0000842180
country:CO
bbva:AmountOfReconciliationMember
2025-01-01
2025-12-31
0000842180
country:CO
bbva:EffectiveTaxPercentageOnReconcilationMember
2025-01-01
2025-12-31
0000842180
country:CO
bbva:AmountOfReconciliationMember
2024-01-01
2024-12-31
0000842180
country:CO
bbva:EffectiveTaxPercentageOnReconcilationMember
2024-01-01
2024-12-31
0000842180
country:CO
bbva:AmountOfReconciliationMember
2023-01-01
2023-12-31
0000842180
country:CO
bbva:EffectiveTaxPercentageOnReconcilationMember
2023-01-01
2023-12-31
0000842180
country:PE
bbva:AmountOfReconciliationMember
2025-01-01
2025-12-31
0000842180
country:PE
bbva:EffectiveTaxPercentageOnReconcilationMember
2025-01-01
2025-12-31
0000842180
country:PE
bbva:AmountOfReconciliationMember
2024-01-01
2024-12-31
0000842180
country:PE
bbva:EffectiveTaxPercentageOnReconcilationMember
2024-01-01
2024-12-31
0000842180
country:PE
bbva:AmountOfReconciliationMember
2023-01-01
2023-12-31
0000842180
country:PE
bbva:EffectiveTaxPercentageOnReconcilationMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:AmountOfReconciliationMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:EffectiveTaxPercentageOnReconcilationMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:AmountOfReconciliationMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:EffectiveTaxPercentageOnReconcilationMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:AmountOfReconciliationMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:EffectiveTaxPercentageOnReconcilationMember
2023-01-01
2023-12-31
0000842180
country:US
bbva:AmountOfReconciliationMember
2025-01-01
2025-12-31
0000842180
country:US
bbva:EffectiveTaxPercentageOnReconcilationMember
2025-01-01
2025-12-31
0000842180
country:US
bbva:AmountOfReconciliationMember
2024-01-01
2024-12-31
0000842180
country:US
bbva:EffectiveTaxPercentageOnReconcilationMember
2024-01-01
2024-12-31
0000842180
country:US
bbva:AmountOfReconciliationMember
2023-01-01
2023-12-31
0000842180
country:US
bbva:EffectiveTaxPercentageOnReconcilationMember
2023-01-01
2023-12-31
0000842180
bbva:OtherCountriesMember
bbva:AmountOfReconciliationMember
2025-01-01
2025-12-31
0000842180
bbva:OtherCountriesMember
bbva:AmountOfReconciliationMember
2024-01-01
2024-12-31
0000842180
bbva:OtherCountriesMember
bbva:AmountOfReconciliationMember
2023-01-01
2023-12-31
0000842180
bbva:ConsolidatedTaxGroupInSpainMember
2025-01-01
2025-12-31
0000842180
bbva:ConsolidatedTaxGroupInSpainMember
2024-01-01
2024-12-31
0000842180
bbva:ConsolidatedTaxGroupInSpainMember
2023-01-01
2023-12-31
0000842180
bbva:OtherSpanishEntitiesMember
2025-01-01
2025-12-31
0000842180
bbva:OtherSpanishEntitiesMember
2024-01-01
2024-12-31
0000842180
bbva:OtherSpanishEntitiesMember
2023-01-01
2023-12-31
0000842180
bbva:ForeignEntitiesMember
2025-01-01
2025-12-31
0000842180
bbva:ForeignEntitiesMember
2024-01-01
2024-12-31
0000842180
bbva:ForeignEntitiesMember
2023-01-01
2023-12-31
0000842180
bbva:PensionsMember
2025-12-31
0000842180
bbva:PensionsMember
2024-12-31
0000842180
bbva:PensionsMember
2023-12-31
0000842180
bbva:FinancialInstrumentsMember
2025-12-31
0000842180
bbva:FinancialInstrumentsMember
2024-12-31
0000842180
bbva:FinancialInstrumentsMember
2023-12-31
0000842180
bbva:LossAllowancesMember
2025-12-31
0000842180
bbva:LossAllowancesMember
2024-12-31
0000842180
bbva:LossAllowancesMember
2023-12-31
0000842180
bbva:OtherMember
2025-12-31
0000842180
bbva:OtherMember
2024-12-31
0000842180
bbva:OtherMember
2023-12-31
0000842180
bbva:SecuredTaxAssetsMember
2025-12-31
0000842180
bbva:SecuredTaxAssetsMember
2024-12-31
0000842180
bbva:SecuredTaxAssetsMember
2023-12-31
0000842180
bbva:TaxLossesMember
2025-12-31
0000842180
bbva:TaxLossesMember
2024-12-31
0000842180
bbva:TaxLossesMember
2023-12-31
0000842180
bbva:DeferredAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:DeferredLiabilitiesMember
2025-01-01
2025-12-31
0000842180
bbva:DeferredAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:DeferredLiabilitiesMember
2024-01-01
2024-12-31
0000842180
bbva:DeferredAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:DeferredLiabilitiesMember
2023-01-01
2023-12-31
0000842180
bbva:ForeclosuresAndRecoveriesMember
2025-12-31
0000842180
bbva:ForeclosuresAndRecoveriesMember
2024-12-31
0000842180
bbva:ForeclosuresAndRecoveriesMember
2023-12-31
0000842180
bbva:OtherAssetsFromTangibleAssetsMember
2025-12-31
0000842180
bbva:OtherAssetsFromTangibleAssetsMember
2024-12-31
0000842180
bbva:OtherAssetsFromTangibleAssetsMember
2023-12-31
0000842180
bbva:CompaniesHeldForSaleMember
2025-12-31
0000842180
bbva:CompaniesHeldForSaleMember
2024-12-31
0000842180
bbva:CompaniesHeldForSaleMember
2023-12-31
0000842180
bbva:AccruedAmortizationMember
2025-12-31
0000842180
bbva:AccruedAmortizationMember
2024-12-31
0000842180
bbva:AccruedAmortizationMember
2023-12-31
0000842180
bbva:ImpairmentLossesMember
2025-12-31
0000842180
bbva:ImpairmentLossesMember
2024-12-31
0000842180
bbva:ImpairmentLossesMember
2023-12-31
0000842180
bbva:ForeclosedAssetsMember
bbva:CostMember
2024-12-31
0000842180
bbva:ForeclosedAssetsMember
bbva:CostMember
2023-12-31
0000842180
bbva:ForeclosedAssetsMember
bbva:CostMember
2022-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
bbva:CostMember
2024-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
bbva:CostMember
2023-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
bbva:CostMember
2022-12-31
0000842180
bbva:CompaniesHeldForSaleMember
bbva:CostMember
2024-12-31
0000842180
bbva:CompaniesHeldForSaleMember
bbva:CostMember
2023-12-31
0000842180
bbva:CompaniesHeldForSaleMember
bbva:CostMember
2022-12-31
0000842180
bbva:CostMember
2024-12-31
0000842180
bbva:CostMember
2023-12-31
0000842180
bbva:CostMember
2022-12-31
0000842180
bbva:ForeclosedAssetsMember
bbva:CostMember
2025-01-01
2025-12-31
0000842180
bbva:ForeclosedAssetsMember
bbva:CostMember
2024-01-01
2024-12-31
0000842180
bbva:ForeclosedAssetsMember
bbva:CostMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
bbva:CostMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
bbva:CostMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
bbva:CostMember
2023-01-01
2023-12-31
0000842180
bbva:CompaniesHeldForSaleMember
bbva:CostMember
2025-01-01
2025-12-31
0000842180
bbva:CompaniesHeldForSaleMember
bbva:CostMember
2024-01-01
2024-12-31
0000842180
bbva:CompaniesHeldForSaleMember
bbva:CostMember
2023-01-01
2023-12-31
0000842180
bbva:CostMember
2025-01-01
2025-12-31
0000842180
bbva:CostMember
2024-01-01
2024-12-31
0000842180
bbva:CostMember
2023-01-01
2023-12-31
0000842180
bbva:ForeclosedAssetsMember
bbva:CostMember
2025-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
bbva:CostMember
2025-12-31
0000842180
bbva:CompaniesHeldForSaleMember
bbva:CostMember
2025-12-31
0000842180
bbva:CostMember
2025-12-31
0000842180
bbva:ForeclosedAssetsMember
bbva:ImpairmentMember
2024-12-31
0000842180
bbva:ForeclosedAssetsMember
bbva:ImpairmentMember
2023-12-31
0000842180
bbva:ForeclosedAssetsMember
bbva:ImpairmentMember
2022-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
bbva:ImpairmentMember
2024-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
bbva:ImpairmentMember
2023-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
bbva:ImpairmentMember
2022-12-31
0000842180
bbva:CompaniesHeldForSaleMember
bbva:ImpairmentMember
2024-12-31
0000842180
bbva:CompaniesHeldForSaleMember
bbva:ImpairmentMember
2023-12-31
0000842180
bbva:CompaniesHeldForSaleMember
bbva:ImpairmentMember
2022-12-31
0000842180
bbva:ImpairmentMember
2024-12-31
0000842180
bbva:ImpairmentMember
2023-12-31
0000842180
bbva:ImpairmentMember
2022-12-31
0000842180
bbva:ForeclosedAssetsMember
bbva:ImpairmentMember
2025-01-01
2025-12-31
0000842180
bbva:ForeclosedAssetsMember
bbva:ImpairmentMember
2024-01-01
2024-12-31
0000842180
bbva:ForeclosedAssetsMember
bbva:ImpairmentMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
bbva:ImpairmentMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
bbva:ImpairmentMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
bbva:ImpairmentMember
2023-01-01
2023-12-31
0000842180
bbva:CompaniesHeldForSaleMember
bbva:ImpairmentMember
2025-01-01
2025-12-31
0000842180
bbva:CompaniesHeldForSaleMember
bbva:ImpairmentMember
2024-01-01
2024-12-31
0000842180
bbva:CompaniesHeldForSaleMember
bbva:ImpairmentMember
2023-01-01
2023-12-31
0000842180
bbva:ImpairmentMember
2025-01-01
2025-12-31
0000842180
bbva:ImpairmentMember
2024-01-01
2024-12-31
0000842180
bbva:ImpairmentMember
2023-01-01
2023-12-31
0000842180
bbva:ForeclosedAssetsMember
bbva:ImpairmentMember
2025-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
bbva:ImpairmentMember
2025-12-31
0000842180
bbva:CompaniesHeldForSaleMember
bbva:ImpairmentMember
2025-12-31
0000842180
bbva:ImpairmentMember
2025-12-31
0000842180
bbva:ForeclosedAssetsMember
2025-12-31
0000842180
bbva:ForeclosedAssetsMember
2024-12-31
0000842180
bbva:ForeclosedAssetsMember
2023-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
2025-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
2024-12-31
0000842180
ifrs-full:PropertyPlantAndEquipmentMember
2023-12-31
0000842180
bbva:CompaniesHeldForSaleMember
2025-12-31
0000842180
bbva:CompaniesHeldForSaleMember
2024-12-31
0000842180
bbva:CompaniesHeldForSaleMember
2023-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
2025-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
2024-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
2023-12-31
0000842180
bbva:TimeDepositsAndOtherMember
2025-12-31
0000842180
bbva:TimeDepositsAndOtherMember
2024-12-31
0000842180
bbva:TimeDepositsAndOtherMember
2023-12-31
0000842180
bbva:RepurchaseAgreementsOfFinancialLiabilitiesAtAmortizedCostMember
2025-12-31
0000842180
bbva:RepurchaseAgreementsOfFinancialLiabilitiesAtAmortizedCostMember
2024-12-31
0000842180
bbva:RepurchaseAgreementsOfFinancialLiabilitiesAtAmortizedCostMember
2023-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
country:ES
2025-12-31
0000842180
bbva:TimeDepositsAndOtherMember
country:ES
2025-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
country:ES
2025-12-31
0000842180
country:ES
2025-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
country:MX
2025-12-31
0000842180
bbva:TimeDepositsAndOtherMember
country:MX
2025-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
country:MX
2025-12-31
0000842180
country:MX
2025-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
country:TR
2025-12-31
0000842180
bbva:TimeDepositsAndOtherMember
country:TR
2025-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
country:TR
2025-12-31
0000842180
country:TR
2025-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
srt:SouthAmericaMember
2025-12-31
0000842180
bbva:TimeDepositsAndOtherMember
srt:SouthAmericaMember
2025-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
srt:SouthAmericaMember
2025-12-31
0000842180
srt:SouthAmericaMember
2025-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
srt:EuropeMember
2025-12-31
0000842180
bbva:TimeDepositsAndOtherMember
srt:EuropeMember
2025-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
srt:EuropeMember
2025-12-31
0000842180
srt:EuropeMember
2025-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
bbva:RestOfTheWorldMember
2025-12-31
0000842180
bbva:TimeDepositsAndOtherMember
bbva:RestOfTheWorldMember
2025-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
bbva:RestOfTheWorldMember
2025-12-31
0000842180
bbva:RestOfTheWorldMember
2025-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
2025-12-31
0000842180
bbva:TimeDepositsAndOtherMember
2025-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
2025-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
country:ES
2024-12-31
0000842180
bbva:TimeDepositsAndOtherMember
country:ES
2024-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
country:ES
2024-12-31
0000842180
country:ES
2024-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
country:MX
2024-12-31
0000842180
bbva:TimeDepositsAndOtherMember
country:MX
2024-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
country:MX
2024-12-31
0000842180
country:MX
2024-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
country:TR
2024-12-31
0000842180
bbva:TimeDepositsAndOtherMember
country:TR
2024-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
country:TR
2024-12-31
0000842180
country:TR
2024-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
srt:SouthAmericaMember
2024-12-31
0000842180
bbva:TimeDepositsAndOtherMember
srt:SouthAmericaMember
2024-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
srt:SouthAmericaMember
2024-12-31
0000842180
srt:SouthAmericaMember
2024-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
srt:EuropeMember
2024-12-31
0000842180
bbva:TimeDepositsAndOtherMember
srt:EuropeMember
2024-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
srt:EuropeMember
2024-12-31
0000842180
srt:EuropeMember
2024-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
bbva:RestOfTheWorldMember
2024-12-31
0000842180
bbva:TimeDepositsAndOtherMember
bbva:RestOfTheWorldMember
2024-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
bbva:RestOfTheWorldMember
2024-12-31
0000842180
bbva:RestOfTheWorldMember
2024-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
2024-12-31
0000842180
bbva:TimeDepositsAndOtherMember
2024-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
2024-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
country:ES
2023-12-31
0000842180
bbva:TimeDepositsAndOtherMember
country:ES
2023-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
country:ES
2023-12-31
0000842180
country:ES
2023-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
country:MX
2023-12-31
0000842180
bbva:TimeDepositsAndOtherMember
country:MX
2023-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
country:MX
2023-12-31
0000842180
country:MX
2023-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
country:TR
2023-12-31
0000842180
bbva:TimeDepositsAndOtherMember
country:TR
2023-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
country:TR
2023-12-31
0000842180
country:TR
2023-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
srt:SouthAmericaMember
2023-12-31
0000842180
bbva:TimeDepositsAndOtherMember
srt:SouthAmericaMember
2023-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
srt:SouthAmericaMember
2023-12-31
0000842180
srt:SouthAmericaMember
2023-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
srt:EuropeMember
2023-12-31
0000842180
bbva:TimeDepositsAndOtherMember
srt:EuropeMember
2023-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
srt:EuropeMember
2023-12-31
0000842180
srt:EuropeMember
2023-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
bbva:RestOfTheWorldMember
2023-12-31
0000842180
bbva:TimeDepositsAndOtherMember
bbva:RestOfTheWorldMember
2023-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
bbva:RestOfTheWorldMember
2023-12-31
0000842180
bbva:RestOfTheWorldMember
2023-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
2023-12-31
0000842180
bbva:TimeDepositsAndOtherMember
2023-12-31
0000842180
bbva:DepositsFromBanksRepurchaseAgreementsMember
2023-12-31
0000842180
country:ES
bbva:DemandDepositsAmortizedCostMember
2025-12-31
0000842180
country:ES
bbva:TimeDepositsAndOtherMember
2025-12-31
0000842180
country:ES
bbva:CustomerDepositsRepurchaseAgreementsMember
2025-12-31
0000842180
country:ES
2025-12-31
0000842180
country:MX
bbva:DemandDepositsAmortizedCostMember
2025-12-31
0000842180
country:MX
bbva:TimeDepositsAndOtherMember
2025-12-31
0000842180
country:MX
bbva:CustomerDepositsRepurchaseAgreementsMember
2025-12-31
0000842180
country:MX
2025-12-31
0000842180
country:TR
bbva:DemandDepositsAmortizedCostMember
2025-12-31
0000842180
country:TR
bbva:TimeDepositsAndOtherMember
2025-12-31
0000842180
country:TR
bbva:CustomerDepositsRepurchaseAgreementsMember
2025-12-31
0000842180
country:TR
2025-12-31
0000842180
srt:SouthAmericaMember
bbva:DemandDepositsAmortizedCostMember
2025-12-31
0000842180
srt:SouthAmericaMember
bbva:TimeDepositsAndOtherMember
2025-12-31
0000842180
srt:SouthAmericaMember
bbva:CustomerDepositsRepurchaseAgreementsMember
2025-12-31
0000842180
srt:SouthAmericaMember
2025-12-31
0000842180
srt:EuropeMember
bbva:DemandDepositsAmortizedCostMember
2025-12-31
0000842180
srt:EuropeMember
bbva:TimeDepositsAndOtherMember
2025-12-31
0000842180
srt:EuropeMember
bbva:CustomerDepositsRepurchaseAgreementsMember
2025-12-31
0000842180
srt:EuropeMember
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:DemandDepositsAmortizedCostMember
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:TimeDepositsAndOtherMember
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:CustomerDepositsRepurchaseAgreementsMember
2025-12-31
0000842180
bbva:RestOfTheWorldMember
2025-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
2025-12-31
0000842180
bbva:TimeDepositsAndOtherMember
2025-12-31
0000842180
bbva:CustomerDepositsRepurchaseAgreementsMember
2025-12-31
0000842180
country:ES
bbva:DemandDepositsAmortizedCostMember
2024-12-31
0000842180
country:ES
bbva:TimeDepositsAndOtherMember
2024-12-31
0000842180
country:ES
bbva:CustomerDepositsRepurchaseAgreementsMember
2024-12-31
0000842180
country:ES
2024-12-31
0000842180
country:MX
bbva:DemandDepositsAmortizedCostMember
2024-12-31
0000842180
country:MX
bbva:TimeDepositsAndOtherMember
2024-12-31
0000842180
country:MX
bbva:CustomerDepositsRepurchaseAgreementsMember
2024-12-31
0000842180
country:MX
2024-12-31
0000842180
country:TR
bbva:DemandDepositsAmortizedCostMember
2024-12-31
0000842180
country:TR
bbva:TimeDepositsAndOtherMember
2024-12-31
0000842180
country:TR
bbva:CustomerDepositsRepurchaseAgreementsMember
2024-12-31
0000842180
country:TR
2024-12-31
0000842180
srt:SouthAmericaMember
bbva:DemandDepositsAmortizedCostMember
2024-12-31
0000842180
srt:SouthAmericaMember
bbva:TimeDepositsAndOtherMember
2024-12-31
0000842180
srt:SouthAmericaMember
bbva:CustomerDepositsRepurchaseAgreementsMember
2024-12-31
0000842180
srt:SouthAmericaMember
2024-12-31
0000842180
srt:EuropeMember
bbva:DemandDepositsAmortizedCostMember
2024-12-31
0000842180
srt:EuropeMember
bbva:TimeDepositsAndOtherMember
2024-12-31
0000842180
srt:EuropeMember
bbva:CustomerDepositsRepurchaseAgreementsMember
2024-12-31
0000842180
srt:EuropeMember
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:DemandDepositsAmortizedCostMember
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:TimeDepositsAndOtherMember
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:CustomerDepositsRepurchaseAgreementsMember
2024-12-31
0000842180
bbva:RestOfTheWorldMember
2024-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
2024-12-31
0000842180
bbva:TimeDepositsAndOtherMember
2024-12-31
0000842180
bbva:CustomerDepositsRepurchaseAgreementsMember
2024-12-31
0000842180
country:ES
bbva:DemandDepositsAmortizedCostMember
2023-12-31
0000842180
country:ES
bbva:TimeDepositsAndOtherMember
2023-12-31
0000842180
country:ES
bbva:CustomerDepositsRepurchaseAgreementsMember
2023-12-31
0000842180
country:ES
2023-12-31
0000842180
country:MX
bbva:DemandDepositsAmortizedCostMember
2023-12-31
0000842180
country:MX
bbva:TimeDepositsAndOtherMember
2023-12-31
0000842180
country:MX
bbva:CustomerDepositsRepurchaseAgreementsMember
2023-12-31
0000842180
country:MX
2023-12-31
0000842180
country:TR
bbva:DemandDepositsAmortizedCostMember
2023-12-31
0000842180
country:TR
bbva:TimeDepositsAndOtherMember
2023-12-31
0000842180
country:TR
bbva:CustomerDepositsRepurchaseAgreementsMember
2023-12-31
0000842180
country:TR
2023-12-31
0000842180
srt:SouthAmericaMember
bbva:DemandDepositsAmortizedCostMember
2023-12-31
0000842180
srt:SouthAmericaMember
bbva:TimeDepositsAndOtherMember
2023-12-31
0000842180
srt:SouthAmericaMember
bbva:CustomerDepositsRepurchaseAgreementsMember
2023-12-31
0000842180
srt:SouthAmericaMember
2023-12-31
0000842180
srt:EuropeMember
bbva:DemandDepositsAmortizedCostMember
2023-12-31
0000842180
srt:EuropeMember
bbva:TimeDepositsAndOtherMember
2023-12-31
0000842180
srt:EuropeMember
bbva:CustomerDepositsRepurchaseAgreementsMember
2023-12-31
0000842180
srt:EuropeMember
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:DemandDepositsAmortizedCostMember
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:TimeDepositsAndOtherMember
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:CustomerDepositsRepurchaseAgreementsMember
2023-12-31
0000842180
bbva:RestOfTheWorldMember
2023-12-31
0000842180
bbva:DemandDepositsAmortizedCostMember
2023-12-31
0000842180
bbva:TimeDepositsAndOtherMember
2023-12-31
0000842180
bbva:CustomerDepositsRepurchaseAgreementsMember
2023-12-31
0000842180
bbva:IssuedInEurosMember
2025-12-31
0000842180
bbva:IssuedInEurosMember
2024-12-31
0000842180
bbva:IssuedInEurosMember
2023-12-31
0000842180
bbva:IssuedInEurosMember
bbva:PromissoryBillsAndNotesMember
2025-12-31
0000842180
bbva:IssuedInEurosMember
bbva:PromissoryBillsAndNotesMember
2024-12-31
0000842180
bbva:IssuedInEurosMember
bbva:PromissoryBillsAndNotesMember
2023-12-31
0000842180
bbva:IssuedInEurosMember
bbva:NonConvertibleBondsAndDebenturesMember
2025-12-31
0000842180
bbva:IssuedInEurosMember
bbva:NonConvertibleBondsAndDebenturesMember
2024-12-31
0000842180
bbva:IssuedInEurosMember
bbva:NonConvertibleBondsAndDebenturesMember
2023-12-31
0000842180
bbva:IssuedInEurosMember
bbva:CoveredBondsMember
2025-12-31
0000842180
bbva:IssuedInEurosMember
bbva:CoveredBondsMember
2024-12-31
0000842180
bbva:IssuedInEurosMember
bbva:CoveredBondsMember
2023-12-31
0000842180
bbva:IssuedInEurosMember
bbva:HybridFinancialInstrumentsMember
2025-12-31
0000842180
bbva:IssuedInEurosMember
bbva:HybridFinancialInstrumentsMember
2024-12-31
0000842180
bbva:IssuedInEurosMember
bbva:HybridFinancialInstrumentsMember
2023-12-31
0000842180
bbva:IssuedInEurosMember
bbva:SecurilizationBondsMember
2025-12-31
0000842180
bbva:IssuedInEurosMember
bbva:SecurilizationBondsMember
2024-12-31
0000842180
bbva:IssuedInEurosMember
bbva:SecurilizationBondsMember
2023-12-31
0000842180
bbva:IssuedInEurosMember
bbva:WholesaleFundingMember
2025-12-31
0000842180
bbva:IssuedInEurosMember
bbva:WholesaleFundingMember
2024-12-31
0000842180
bbva:IssuedInEurosMember
bbva:WholesaleFundingMember
2023-12-31
0000842180
bbva:IssuedInEurosMember
bbva:SubordinatedLiabilitiesMember
2025-12-31
0000842180
bbva:IssuedInEurosMember
bbva:SubordinatedLiabilitiesMember
2024-12-31
0000842180
bbva:IssuedInEurosMember
bbva:SubordinatedLiabilitiesMember
2023-12-31
0000842180
bbva:IssuedInEurosMember
bbva:ConvertiblePerpetualCertificatesMember
2025-12-31
0000842180
bbva:IssuedInEurosMember
bbva:ConvertiblePerpetualCertificatesMember
2024-12-31
0000842180
bbva:IssuedInEurosMember
bbva:ConvertiblePerpetualCertificatesMember
2023-12-31
0000842180
bbva:IssuedInEurosMember
bbva:OtherNonConvertibleSubordinatedLiabilitiesMember
2025-12-31
0000842180
bbva:IssuedInEurosMember
bbva:OtherNonConvertibleSubordinatedLiabilitiesMember
2024-12-31
0000842180
bbva:IssuedInEurosMember
bbva:OtherNonConvertibleSubordinatedLiabilitiesMember
2023-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
2025-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
2024-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
2023-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:PromissoryBillsAndNotesMember
2025-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:PromissoryBillsAndNotesMember
2024-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:PromissoryBillsAndNotesMember
2023-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:NonConvertibleBondsAndDebenturesMember
2025-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:NonConvertibleBondsAndDebenturesMember
2024-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:NonConvertibleBondsAndDebenturesMember
2023-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:CoveredBondsMember
2025-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:CoveredBondsMember
2024-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:CoveredBondsMember
2023-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:HybridFinancialInstrumentsMember
2025-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:HybridFinancialInstrumentsMember
2024-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:HybridFinancialInstrumentsMember
2023-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:SecurilizationBondsMember
2025-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:SecurilizationBondsMember
2024-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:SecurilizationBondsMember
2023-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:WholesaleFundingMember
2025-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:WholesaleFundingMember
2024-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:WholesaleFundingMember
2023-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:SubordinatedLiabilitiesMember
2025-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:SubordinatedLiabilitiesMember
2024-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:SubordinatedLiabilitiesMember
2023-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:ConvertiblePerpetualCertificatesMember
2025-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:ConvertiblePerpetualCertificatesMember
2024-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:ConvertiblePerpetualCertificatesMember
2023-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:OtherNonConvertibleSubordinatedLiabilitiesMember
2025-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:OtherNonConvertibleSubordinatedLiabilitiesMember
2024-12-31
0000842180
bbva:IssuedInForeignCurrencyMember
bbva:OtherNonConvertibleSubordinatedLiabilitiesMember
2023-12-31
0000842180
ifrs-full:LeaseLiabilitiesMember
2025-12-31
0000842180
ifrs-full:LeaseLiabilitiesMember
2024-12-31
0000842180
ifrs-full:LeaseLiabilitiesMember
2023-12-31
0000842180
bbva:CreditorsForOtherFinancialLiabilitiesMember
2025-12-31
0000842180
bbva:CreditorsForOtherFinancialLiabilitiesMember
2024-12-31
0000842180
bbva:CreditorsForOtherFinancialLiabilitiesMember
2023-12-31
0000842180
bbva:CollectionAccountsMember
2025-12-31
0000842180
bbva:CollectionAccountsMember
2024-12-31
0000842180
bbva:CollectionAccountsMember
2023-12-31
0000842180
bbva:CreditorsForOtherPaymentObligationsMember
2025-12-31
0000842180
bbva:CreditorsForOtherPaymentObligationsMember
2024-12-31
0000842180
bbva:CreditorsForOtherPaymentObligationsMember
2023-12-31
0000842180
ifrs-full:NotLaterThanOneYearMember
2025-12-31
0000842180
ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember
2025-12-31
0000842180
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
ifrs-full:InsuranceContractsIssuedMember
2025-12-31
0000842180
ifrs-full:InsuranceContractsIssuedMember
2024-12-31
0000842180
ifrs-full:InsuranceContractsIssuedMember
2023-12-31
0000842180
bbva:LiabilitiesForRemainingCoverageMember
2025-12-31
0000842180
bbva:LiabilitiesForRemainingCoverageMember
2024-12-31
0000842180
bbva:LiabilitiesForRemainingCoverageMember
2023-12-31
0000842180
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
bbva:LiabilitiesForRemainingCoverageMember
2025-12-31
0000842180
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
bbva:LiabilitiesForRemainingCoverageMember
2024-12-31
0000842180
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
bbva:LiabilitiesForRemainingCoverageMember
2023-12-31
0000842180
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
bbva:LiabilitiesForRemainingCoverageMember
2025-12-31
0000842180
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
bbva:LiabilitiesForRemainingCoverageMember
2024-12-31
0000842180
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
bbva:LiabilitiesForRemainingCoverageMember
2023-12-31
0000842180
ifrs-full:ContractualServiceMarginMember
bbva:LiabilitiesForRemainingCoverageMember
2025-12-31
0000842180
ifrs-full:ContractualServiceMarginMember
bbva:LiabilitiesForRemainingCoverageMember
2024-12-31
0000842180
ifrs-full:ContractualServiceMarginMember
bbva:LiabilitiesForRemainingCoverageMember
2023-12-31
0000842180
ifrs-full:LiabilitiesForIncurredClaimsMember
2025-12-31
0000842180
ifrs-full:LiabilitiesForIncurredClaimsMember
2024-12-31
0000842180
ifrs-full:LiabilitiesForIncurredClaimsMember
2023-12-31
0000842180
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
ifrs-full:LiabilitiesForIncurredClaimsMember
2025-12-31
0000842180
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
ifrs-full:LiabilitiesForIncurredClaimsMember
2024-12-31
0000842180
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
ifrs-full:LiabilitiesForIncurredClaimsMember
2023-12-31
0000842180
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
ifrs-full:LiabilitiesForIncurredClaimsMember
2025-12-31
0000842180
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
ifrs-full:LiabilitiesForIncurredClaimsMember
2024-12-31
0000842180
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
ifrs-full:LiabilitiesForIncurredClaimsMember
2023-12-31
0000842180
bbva:ReinsurancesMember
2025-12-31
0000842180
bbva:ReinsurancesMember
2024-12-31
0000842180
bbva:ReinsurancesMember
2023-12-31
0000842180
bbva:LiabilitiesForRemainingCoverageMember
2025-12-31
0000842180
bbva:LiabilitiesForRemainingCoverageMember
2024-12-31
0000842180
bbva:LiabilitiesForRemainingCoverageMember
2023-12-31
0000842180
sic:Z6311
2025-12-31
0000842180
sic:Z6311
2024-12-31
0000842180
sic:Z6311
2023-12-31
0000842180
bbva:IndividualLifeInsuranceMember
sic:Z6311
2025-12-31
0000842180
bbva:IndividualLifeInsuranceMember
sic:Z6311
2024-12-31
0000842180
bbva:IndividualLifeInsuranceMember
sic:Z6311
2023-12-31
0000842180
bbva:GroupInsuranceMember
sic:Z6311
2025-12-31
0000842180
bbva:GroupInsuranceMember
sic:Z6311
2024-12-31
0000842180
bbva:GroupInsuranceMember
sic:Z6311
2023-12-31
0000842180
bbva:NonLifeInsuranceMember
2025-12-31
0000842180
bbva:NonLifeInsuranceMember
2024-12-31
0000842180
bbva:NonLifeInsuranceMember
2023-12-31
0000842180
ifrs-full:LiabilitiesForIncurredClaimsMember
2025-12-31
0000842180
ifrs-full:LiabilitiesForIncurredClaimsMember
2024-12-31
0000842180
ifrs-full:LiabilitiesForIncurredClaimsMember
2023-12-31
0000842180
bbva:LiabilitiesForRemainingCoverageMember
2024-12-31
0000842180
ifrs-full:LiabilitiesForIncurredClaimsMember
2024-12-31
0000842180
bbva:LiabilitiesForRemainingCoverageMember
2025-01-01
2025-12-31
0000842180
ifrs-full:LiabilitiesForIncurredClaimsMember
2025-01-01
2025-12-31
0000842180
bbva:LiabilitiesForRemainingCoverageMember
2025-12-31
0000842180
ifrs-full:LiabilitiesForIncurredClaimsMember
2025-12-31
0000842180
bbva:LiabilitiesForRemainingCoverageMember
2023-12-31
0000842180
ifrs-full:LiabilitiesForIncurredClaimsMember
2023-12-31
0000842180
bbva:LiabilitiesForRemainingCoverageMember
2024-01-01
2024-12-31
0000842180
ifrs-full:LiabilitiesForIncurredClaimsMember
2024-01-01
2024-12-31
0000842180
bbva:LiabilitiesForRemainingCoverageMember
2022-12-31
0000842180
ifrs-full:LiabilitiesForIncurredClaimsMember
2022-12-31
0000842180
bbva:LiabilitiesForRemainingCoverageMember
2023-01-01
2023-12-31
0000842180
ifrs-full:LiabilitiesForIncurredClaimsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
2024-12-31
0000842180
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
2024-12-31
0000842180
ifrs-full:ContractualServiceMarginMember
2024-12-31
0000842180
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ContractualServiceMarginMember
2025-01-01
2025-12-31
0000842180
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
2025-12-31
0000842180
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
2025-12-31
0000842180
ifrs-full:ContractualServiceMarginMember
2025-12-31
0000842180
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
2023-12-31
0000842180
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
2023-12-31
0000842180
ifrs-full:ContractualServiceMarginMember
2023-12-31
0000842180
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
2024-01-01
2024-12-31
0000842180
ifrs-full:ContractualServiceMarginMember
2024-01-01
2024-12-31
0000842180
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
2022-12-31
0000842180
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
2022-12-31
0000842180
ifrs-full:ContractualServiceMarginMember
2022-12-31
0000842180
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
2023-01-01
2023-12-31
0000842180
ifrs-full:ContractualServiceMarginMember
2023-01-01
2023-12-31
0000842180
ifrs-full:NotLaterThanOneYearMember
2025-12-31
0000842180
ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember
2025-12-31
0000842180
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2025-12-31
0000842180
ifrs-full:LaterThanFiveYearsMember
2025-12-31
0000842180
ifrs-full:NotLaterThanOneYearMember
2024-12-31
0000842180
ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember
2024-12-31
0000842180
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2024-12-31
0000842180
ifrs-full:LaterThanFiveYearsMember
2024-12-31
0000842180
ifrs-full:NotLaterThanOneYearMember
2023-12-31
0000842180
ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember
2023-12-31
0000842180
ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember
2023-12-31
0000842180
ifrs-full:LaterThanFiveYearsMember
2023-12-31
0000842180
bbva:DefinedBenefitPlansEquityImpactMember
2025-12-31
0000842180
bbva:DefinedBenefitPlansEquityImpactMember
2024-12-31
0000842180
bbva:DefinedBenefitPlansEquityImpactMember
2023-12-31
0000842180
bbva:PostEmploymentMedicalBenefitsEquityImpactMember
2025-12-31
0000842180
bbva:PostEmploymentMedicalBenefitsEquityImpactMember
2024-12-31
0000842180
bbva:PostEmploymentMedicalBenefitsEquityImpactMember
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2022-12-31
0000842180
ifrs-full:PlanAssetsMember
2022-12-31
0000842180
bbva:NetLiabilityAssetMember
2022-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
2025-12-31
0000842180
country:ES
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2025-12-31
0000842180
country:ES
ifrs-full:PlanAssetsMember
2025-12-31
0000842180
country:ES
bbva:NetLiabilityAssetMember
2025-12-31
0000842180
country:ES
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2024-12-31
0000842180
country:ES
ifrs-full:PlanAssetsMember
2024-12-31
0000842180
country:ES
bbva:NetLiabilityAssetMember
2024-12-31
0000842180
country:ES
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2023-12-31
0000842180
country:ES
ifrs-full:PlanAssetsMember
2023-12-31
0000842180
country:ES
bbva:NetLiabilityAssetMember
2023-12-31
0000842180
country:MX
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2025-12-31
0000842180
country:MX
ifrs-full:PlanAssetsMember
2025-12-31
0000842180
country:MX
bbva:NetLiabilityAssetMember
2025-12-31
0000842180
country:MX
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2024-12-31
0000842180
country:MX
ifrs-full:PlanAssetsMember
2024-12-31
0000842180
country:MX
bbva:NetLiabilityAssetMember
2024-12-31
0000842180
country:MX
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2023-12-31
0000842180
country:MX
ifrs-full:PlanAssetsMember
2023-12-31
0000842180
country:MX
bbva:NetLiabilityAssetMember
2023-12-31
0000842180
country:TR
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2025-12-31
0000842180
country:TR
ifrs-full:PlanAssetsMember
2025-12-31
0000842180
country:TR
bbva:NetLiabilityAssetMember
2025-12-31
0000842180
country:TR
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2024-12-31
0000842180
country:TR
ifrs-full:PlanAssetsMember
2024-12-31
0000842180
country:TR
bbva:NetLiabilityAssetMember
2024-12-31
0000842180
country:TR
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2023-12-31
0000842180
country:TR
ifrs-full:PlanAssetsMember
2023-12-31
0000842180
country:TR
bbva:NetLiabilityAssetMember
2023-12-31
0000842180
country:ES
2025-12-31
0000842180
country:MX
2025-12-31
0000842180
country:TR
2025-12-31
0000842180
country:ES
2024-12-31
0000842180
country:MX
2024-12-31
0000842180
country:TR
2024-12-31
0000842180
country:ES
2023-12-31
0000842180
country:MX
2023-12-31
0000842180
country:TR
2023-12-31
0000842180
country:ES
2025-01-01
2025-12-31
0000842180
country:MX
2025-01-01
2025-12-31
0000842180
country:TR
2025-01-01
2025-12-31
0000842180
country:ES
2024-01-01
2024-12-31
0000842180
country:MX
2024-01-01
2024-12-31
0000842180
country:TR
2024-01-01
2024-12-31
0000842180
country:ES
2023-01-01
2023-12-31
0000842180
country:MX
2023-01-01
2023-12-31
0000842180
country:TR
2023-01-01
2023-12-31
0000842180
ifrs-full:ActuarialAssumptionOfDiscountRatesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ActuarialAssumptionOfDiscountRatesMember
2025-12-31
0000842180
ifrs-full:ActuarialAssumptionOfDiscountRatesMember
2024-12-31
0000842180
ifrs-full:ActuarialAssumptionOfDiscountRatesMember
2023-12-31
0000842180
ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember
2025-12-31
0000842180
ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember
2024-12-31
0000842180
ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember
2023-12-31
0000842180
ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember
2025-12-31
0000842180
ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember
2024-12-31
0000842180
ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember
2023-12-31
0000842180
ifrs-full:ActuarialAssumptionOfMedicalCostTrendRatesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:ActuarialAssumptionOfMedicalCostTrendRatesMember
2025-12-31
0000842180
ifrs-full:ActuarialAssumptionOfMedicalCostTrendRatesMember
2024-12-31
0000842180
ifrs-full:ActuarialAssumptionOfMedicalCostTrendRatesMember
2023-12-31
0000842180
bbva:ChangeInObligationFromEachAdditionalYearOfLongevityMember
2025-01-01
2025-12-31
0000842180
bbva:ChangeInObligationFromEachAdditionalYearOfLongevityMember
2025-12-31
0000842180
bbva:ChangeInObligationFromEachAdditionalYearOfLongevityMember
2024-12-31
0000842180
bbva:ChangeInObligationFromEachAdditionalYearOfLongevityMember
2023-12-31
0000842180
country:ES
2024-12-31
0000842180
country:MX
2024-12-31
0000842180
country:TR
2024-12-31
0000842180
bbva:RestOfTheWorldMember
2024-12-31
0000842180
country:ES
bbva:CurrentServiceCostMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:CurrentServiceCostMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:CurrentServiceCostMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:CurrentServiceCostMember
2025-01-01
2025-12-31
0000842180
country:ES
bbva:InterestIncomeOrExpenseMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:InterestIncomeOrExpenseMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:InterestIncomeOrExpenseMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:InterestIncomeOrExpenseMember
2025-01-01
2025-12-31
0000842180
country:ES
bbva:ContributionsByPlanParticipantsMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:ContributionsByPlanParticipantsMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:ContributionsByPlanParticipantsMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:ContributionsByPlanParticipantsMember
2025-01-01
2025-12-31
0000842180
country:ES
bbva:EmployerContributionsMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:EmployerContributionsMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:EmployerContributionsMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:EmployerContributionsMember
2025-01-01
2025-12-31
0000842180
country:ES
bbva:PastServiceCostMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:PastServiceCostMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:PastServiceCostMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:PastServiceCostMember
2025-01-01
2025-12-31
0000842180
country:ES
bbva:RemeasurementsMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:RemeasurementsMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:RemeasurementsMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:RemeasurementsMember
2025-01-01
2025-12-31
0000842180
country:ES
bbva:ReturnOfPlanAssetsMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:ReturnOfPlanAssetsMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:ReturnOfPlanAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:ReturnOfPlanAssetsMember
2025-01-01
2025-12-31
0000842180
country:ES
bbva:FromChangesInDemographicAssumptionsMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:FromChangesInDemographicAssumptionsMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:FromChangesInDemographicAssumptionsMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:FromChangesInDemographicAssumptionsMember
2025-01-01
2025-12-31
0000842180
country:ES
bbva:FromChangesInFinancialAssumptionsMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:FromChangesInFinancialAssumptionsMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:FromChangesInFinancialAssumptionsMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:FromChangesInFinancialAssumptionsMember
2025-01-01
2025-12-31
0000842180
country:ES
bbva:OtherActuarialGainsAndLossesMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:OtherActuarialGainsAndLossesMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:OtherActuarialGainsAndLossesMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:OtherActuarialGainsAndLossesMember
2025-01-01
2025-12-31
0000842180
country:ES
bbva:BenefitPaymentsMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:BenefitPaymentsMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:BenefitPaymentsMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:BenefitPaymentsMember
2025-01-01
2025-12-31
0000842180
country:ES
bbva:SettlementsPaymentsMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:SettlementsPaymentsMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:SettlementsPaymentsMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:SettlementsPaymentsMember
2025-01-01
2025-12-31
0000842180
country:ES
ifrs-full:BusinessCombinationsMember
2025-01-01
2025-12-31
0000842180
country:MX
ifrs-full:BusinessCombinationsMember
2025-01-01
2025-12-31
0000842180
country:TR
ifrs-full:BusinessCombinationsMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfTheWorldMember
ifrs-full:BusinessCombinationsMember
2025-01-01
2025-12-31
0000842180
country:ES
bbva:EffectOnChangesInForeignExchangeRatesMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:EffectOnChangesInForeignExchangeRatesMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:EffectOnChangesInForeignExchangeRatesMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:EffectOnChangesInForeignExchangeRatesMember
2025-01-01
2025-12-31
0000842180
country:ES
bbva:ConversionsToDefinedContributionsMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:ConversionsToDefinedContributionsMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:ConversionsToDefinedContributionsMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:ConversionsToDefinedContributionsMember
2025-01-01
2025-12-31
0000842180
country:ES
bbva:OtherEffectsPostEmploymentCommitmentsMember
2025-01-01
2025-12-31
0000842180
country:MX
bbva:OtherEffectsPostEmploymentCommitmentsMember
2025-01-01
2025-12-31
0000842180
country:TR
bbva:OtherEffectsPostEmploymentCommitmentsMember
2025-01-01
2025-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:OtherEffectsPostEmploymentCommitmentsMember
2025-01-01
2025-12-31
0000842180
country:ES
2025-12-31
0000842180
country:MX
2025-12-31
0000842180
country:TR
2025-12-31
0000842180
bbva:RestOfTheWorldMember
2025-12-31
0000842180
country:ES
bbva:OfWhichVestedBenefitObligationRelatingToCurrentEmployeesMember
2025-12-31
0000842180
country:ES
bbva:OfWhichVestedBenefitObligationRelatingToRetiredEmployeesMember
2025-12-31
0000842180
country:ES
2023-12-31
0000842180
country:MX
2023-12-31
0000842180
country:TR
2023-12-31
0000842180
bbva:RestOfTheWorldMember
2023-12-31
0000842180
country:ES
2022-12-31
0000842180
country:MX
2022-12-31
0000842180
country:TR
2022-12-31
0000842180
bbva:RestOfTheWorldMember
2022-12-31
0000842180
country:ES
bbva:CurrentServiceCostMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:CurrentServiceCostMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:CurrentServiceCostMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:CurrentServiceCostMember
2024-01-01
2024-12-31
0000842180
country:ES
bbva:CurrentServiceCostMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:CurrentServiceCostMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:CurrentServiceCostMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:CurrentServiceCostMember
2023-01-01
2023-12-31
0000842180
country:ES
bbva:InterestIncomeOrExpenseMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:InterestIncomeOrExpenseMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:InterestIncomeOrExpenseMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:InterestIncomeOrExpenseMember
2024-01-01
2024-12-31
0000842180
country:ES
bbva:InterestIncomeOrExpenseMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:InterestIncomeOrExpenseMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:InterestIncomeOrExpenseMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:InterestIncomeOrExpenseMember
2023-01-01
2023-12-31
0000842180
country:ES
bbva:ContributionsByPlanParticipantsMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:ContributionsByPlanParticipantsMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:ContributionsByPlanParticipantsMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:ContributionsByPlanParticipantsMember
2024-01-01
2024-12-31
0000842180
country:ES
bbva:ContributionsByPlanParticipantsMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:ContributionsByPlanParticipantsMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:ContributionsByPlanParticipantsMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:ContributionsByPlanParticipantsMember
2023-01-01
2023-12-31
0000842180
country:ES
bbva:EmployerContributionsMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:EmployerContributionsMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:EmployerContributionsMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:EmployerContributionsMember
2024-01-01
2024-12-31
0000842180
country:ES
bbva:EmployerContributionsMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:EmployerContributionsMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:EmployerContributionsMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:EmployerContributionsMember
2023-01-01
2023-12-31
0000842180
country:ES
bbva:PastServiceCostMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:PastServiceCostMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:PastServiceCostMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:PastServiceCostMember
2024-01-01
2024-12-31
0000842180
country:ES
bbva:PastServiceCostMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:PastServiceCostMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:PastServiceCostMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:PastServiceCostMember
2023-01-01
2023-12-31
0000842180
country:ES
bbva:RemeasurementsMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:RemeasurementsMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:RemeasurementsMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:RemeasurementsMember
2024-01-01
2024-12-31
0000842180
country:ES
bbva:RemeasurementsMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:RemeasurementsMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:RemeasurementsMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:RemeasurementsMember
2023-01-01
2023-12-31
0000842180
country:ES
bbva:ReturnOfPlanAssetsMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:ReturnOfPlanAssetsMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:ReturnOfPlanAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:ReturnOfPlanAssetsMember
2024-01-01
2024-12-31
0000842180
country:ES
bbva:ReturnOfPlanAssetsMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:ReturnOfPlanAssetsMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:ReturnOfPlanAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:ReturnOfPlanAssetsMember
2023-01-01
2023-12-31
0000842180
country:ES
bbva:FromChangesInDemographicAssumptionsMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:FromChangesInDemographicAssumptionsMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:FromChangesInDemographicAssumptionsMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:FromChangesInDemographicAssumptionsMember
2024-01-01
2024-12-31
0000842180
country:ES
bbva:FromChangesInDemographicAssumptionsMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:FromChangesInDemographicAssumptionsMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:FromChangesInDemographicAssumptionsMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:FromChangesInDemographicAssumptionsMember
2023-01-01
2023-12-31
0000842180
country:ES
bbva:FromChangesInFinancialAssumptionsMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:FromChangesInFinancialAssumptionsMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:FromChangesInFinancialAssumptionsMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:FromChangesInFinancialAssumptionsMember
2024-01-01
2024-12-31
0000842180
country:ES
bbva:FromChangesInFinancialAssumptionsMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:FromChangesInFinancialAssumptionsMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:FromChangesInFinancialAssumptionsMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:FromChangesInFinancialAssumptionsMember
2023-01-01
2023-12-31
0000842180
country:ES
bbva:OtherActuarialGainsAndLossesMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:OtherActuarialGainsAndLossesMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:OtherActuarialGainsAndLossesMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:OtherActuarialGainsAndLossesMember
2024-01-01
2024-12-31
0000842180
country:ES
bbva:OtherActuarialGainsAndLossesMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:OtherActuarialGainsAndLossesMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:OtherActuarialGainsAndLossesMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:OtherActuarialGainsAndLossesMember
2023-01-01
2023-12-31
0000842180
country:ES
bbva:BenefitPaymentsMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:BenefitPaymentsMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:BenefitPaymentsMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:BenefitPaymentsMember
2024-01-01
2024-12-31
0000842180
country:ES
bbva:BenefitPaymentsMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:BenefitPaymentsMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:BenefitPaymentsMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:BenefitPaymentsMember
2023-01-01
2023-12-31
0000842180
country:ES
bbva:SettlementsPaymentsMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:SettlementsPaymentsMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:SettlementsPaymentsMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:SettlementsPaymentsMember
2024-01-01
2024-12-31
0000842180
country:ES
bbva:SettlementsPaymentsMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:SettlementsPaymentsMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:SettlementsPaymentsMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:SettlementsPaymentsMember
2023-01-01
2023-12-31
0000842180
country:ES
ifrs-full:BusinessCombinationsMember
2024-01-01
2024-12-31
0000842180
country:MX
ifrs-full:BusinessCombinationsMember
2024-01-01
2024-12-31
0000842180
country:TR
ifrs-full:BusinessCombinationsMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfTheWorldMember
ifrs-full:BusinessCombinationsMember
2024-01-01
2024-12-31
0000842180
country:ES
ifrs-full:BusinessCombinationsMember
2023-01-01
2023-12-31
0000842180
country:MX
ifrs-full:BusinessCombinationsMember
2023-01-01
2023-12-31
0000842180
country:TR
ifrs-full:BusinessCombinationsMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfTheWorldMember
ifrs-full:BusinessCombinationsMember
2023-01-01
2023-12-31
0000842180
country:ES
bbva:EffectOnChangesInForeignExchangeRatesMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:EffectOnChangesInForeignExchangeRatesMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:EffectOnChangesInForeignExchangeRatesMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:EffectOnChangesInForeignExchangeRatesMember
2024-01-01
2024-12-31
0000842180
country:ES
bbva:EffectOnChangesInForeignExchangeRatesMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:EffectOnChangesInForeignExchangeRatesMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:EffectOnChangesInForeignExchangeRatesMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:EffectOnChangesInForeignExchangeRatesMember
2023-01-01
2023-12-31
0000842180
country:ES
bbva:ConversionsToDefinedContributionsMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:ConversionsToDefinedContributionsMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:ConversionsToDefinedContributionsMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:ConversionsToDefinedContributionsMember
2024-01-01
2024-12-31
0000842180
country:ES
bbva:ConversionsToDefinedContributionsMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:ConversionsToDefinedContributionsMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:ConversionsToDefinedContributionsMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:ConversionsToDefinedContributionsMember
2023-01-01
2023-12-31
0000842180
country:ES
bbva:OtherEffectsPostEmploymentCommitmentsMember
2024-01-01
2024-12-31
0000842180
country:MX
bbva:OtherEffectsPostEmploymentCommitmentsMember
2024-01-01
2024-12-31
0000842180
country:TR
bbva:OtherEffectsPostEmploymentCommitmentsMember
2024-01-01
2024-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:OtherEffectsPostEmploymentCommitmentsMember
2024-01-01
2024-12-31
0000842180
country:ES
bbva:OtherEffectsPostEmploymentCommitmentsMember
2023-01-01
2023-12-31
0000842180
country:MX
bbva:OtherEffectsPostEmploymentCommitmentsMember
2023-01-01
2023-12-31
0000842180
country:TR
bbva:OtherEffectsPostEmploymentCommitmentsMember
2023-01-01
2023-12-31
0000842180
bbva:RestOfTheWorldMember
bbva:OtherEffectsPostEmploymentCommitmentsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2022-12-31
0000842180
ifrs-full:PlanAssetsMember
2022-12-31
0000842180
bbva:NetLiabilityAssetMember
2022-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:CurrentServiceCostMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:CurrentServiceCostMember
2025-01-01
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:CurrentServiceCostMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:CurrentServiceCostMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:CurrentServiceCostMember
2024-01-01
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:CurrentServiceCostMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:CurrentServiceCostMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:CurrentServiceCostMember
2023-01-01
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:CurrentServiceCostMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:InterestIncomeOrExpenseMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:InterestIncomeOrExpenseMember
2025-01-01
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:InterestIncomeOrExpenseMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:InterestIncomeOrExpenseMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:InterestIncomeOrExpenseMember
2024-01-01
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:InterestIncomeOrExpenseMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:InterestIncomeOrExpenseMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:InterestIncomeOrExpenseMember
2023-01-01
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:InterestIncomeOrExpenseMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:ContributionsByPlanParticipantsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:ContributionsByPlanParticipantsMember
2025-01-01
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:ContributionsByPlanParticipantsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:ContributionsByPlanParticipantsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:ContributionsByPlanParticipantsMember
2024-01-01
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:ContributionsByPlanParticipantsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:ContributionsByPlanParticipantsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:ContributionsByPlanParticipantsMember
2023-01-01
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:ContributionsByPlanParticipantsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:EmployerContributionsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:EmployerContributionsMember
2025-01-01
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:EmployerContributionsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:EmployerContributionsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:EmployerContributionsMember
2024-01-01
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:EmployerContributionsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:EmployerContributionsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:EmployerContributionsMember
2023-01-01
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:EmployerContributionsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:PastServiceCostMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:PastServiceCostMember
2025-01-01
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:PastServiceCostMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:PastServiceCostMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:PastServiceCostMember
2024-01-01
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:PastServiceCostMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:PastServiceCostMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:PastServiceCostMember
2023-01-01
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:PastServiceCostMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:RemeasurementsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:RemeasurementsMember
2025-01-01
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:RemeasurementsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:RemeasurementsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:RemeasurementsMember
2024-01-01
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:RemeasurementsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:RemeasurementsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:RemeasurementsMember
2023-01-01
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:RemeasurementsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:ReturnOfPlanAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:ReturnOfPlanAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:ReturnOfPlanAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:ReturnOfPlanAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:ReturnOfPlanAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:ReturnOfPlanAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:ReturnOfPlanAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:ReturnOfPlanAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:ReturnOfPlanAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:FromChangesInDemographicAssumptionsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:FromChangesInDemographicAssumptionsMember
2025-01-01
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:FromChangesInDemographicAssumptionsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:FromChangesInDemographicAssumptionsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:FromChangesInDemographicAssumptionsMember
2024-01-01
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:FromChangesInDemographicAssumptionsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:FromChangesInDemographicAssumptionsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:FromChangesInDemographicAssumptionsMember
2023-01-01
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:FromChangesInDemographicAssumptionsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:FromChangesInFinancialAssumptionsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:FromChangesInFinancialAssumptionsMember
2025-01-01
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:FromChangesInFinancialAssumptionsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:FromChangesInFinancialAssumptionsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:FromChangesInFinancialAssumptionsMember
2024-01-01
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:FromChangesInFinancialAssumptionsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:FromChangesInFinancialAssumptionsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:FromChangesInFinancialAssumptionsMember
2023-01-01
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:FromChangesInFinancialAssumptionsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:OtherActuarialGainsAndLossesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:OtherActuarialGainsAndLossesMember
2025-01-01
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:OtherActuarialGainsAndLossesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:OtherActuarialGainsAndLossesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:OtherActuarialGainsAndLossesMember
2024-01-01
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:OtherActuarialGainsAndLossesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:OtherActuarialGainsAndLossesMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:OtherActuarialGainsAndLossesMember
2023-01-01
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:OtherActuarialGainsAndLossesMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:BenefitPaymentsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:BenefitPaymentsMember
2025-01-01
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:BenefitPaymentsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:BenefitPaymentsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:BenefitPaymentsMember
2024-01-01
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:BenefitPaymentsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:BenefitPaymentsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:BenefitPaymentsMember
2023-01-01
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:BenefitPaymentsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:SettlementsPaymentsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:SettlementsPaymentsMember
2025-01-01
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:SettlementsPaymentsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:SettlementsPaymentsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:SettlementsPaymentsMember
2024-01-01
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:SettlementsPaymentsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:SettlementsPaymentsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:SettlementsPaymentsMember
2023-01-01
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:SettlementsPaymentsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
ifrs-full:BusinessCombinationsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
ifrs-full:BusinessCombinationsMember
2025-01-01
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
ifrs-full:BusinessCombinationsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
ifrs-full:BusinessCombinationsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
ifrs-full:BusinessCombinationsMember
2024-01-01
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
ifrs-full:BusinessCombinationsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
ifrs-full:BusinessCombinationsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
ifrs-full:BusinessCombinationsMember
2023-01-01
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
ifrs-full:BusinessCombinationsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:EffectOnChangesInForeignExchangeRatesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:EffectOnChangesInForeignExchangeRatesMember
2025-01-01
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:EffectOnChangesInForeignExchangeRatesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:EffectOnChangesInForeignExchangeRatesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:EffectOnChangesInForeignExchangeRatesMember
2024-01-01
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:EffectOnChangesInForeignExchangeRatesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:EffectOnChangesInForeignExchangeRatesMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:EffectOnChangesInForeignExchangeRatesMember
2023-01-01
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:EffectOnChangesInForeignExchangeRatesMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:OtherEffectsPostEmploymentCommitmentsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:OtherEffectsPostEmploymentCommitmentsMember
2025-01-01
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:OtherEffectsPostEmploymentCommitmentsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:OtherEffectsPostEmploymentCommitmentsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:OtherEffectsPostEmploymentCommitmentsMember
2024-01-01
2024-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:OtherEffectsPostEmploymentCommitmentsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
bbva:OtherEffectsPostEmploymentCommitmentsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PlanAssetsMember
bbva:OtherEffectsPostEmploymentCommitmentsMember
2023-01-01
2023-12-31
0000842180
bbva:NetLiabilityAssetMember
bbva:OtherEffectsPostEmploymentCommitmentsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:PresentValueOfDefinedBenefitObligationMember
2025-12-31
0000842180
ifrs-full:PlanAssetsMember
2025-12-31
0000842180
bbva:NetLiabilityAssetMember
2025-12-31
0000842180
country:ES
ifrs-full:NotLaterThanOneYearMember
2025-01-01
2025-12-31
0000842180
country:ES
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2025-01-01
2025-12-31
0000842180
country:ES
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2025-01-01
2025-12-31
0000842180
country:ES
ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember
2025-01-01
2025-12-31
0000842180
country:ES
ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember
2025-01-01
2025-12-31
0000842180
country:ES
ifrs-full:LaterThanFiveYearsAndNotLaterThanTenYearsMember
2025-01-01
2025-12-31
0000842180
country:MX
ifrs-full:NotLaterThanOneYearMember
2025-01-01
2025-12-31
0000842180
country:MX
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2025-01-01
2025-12-31
0000842180
country:MX
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2025-01-01
2025-12-31
0000842180
country:MX
ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember
2025-01-01
2025-12-31
0000842180
country:MX
ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember
2025-01-01
2025-12-31
0000842180
country:MX
ifrs-full:LaterThanFiveYearsAndNotLaterThanTenYearsMember
2025-01-01
2025-12-31
0000842180
country:TR
ifrs-full:NotLaterThanOneYearMember
2025-01-01
2025-12-31
0000842180
country:TR
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2025-01-01
2025-12-31
0000842180
country:TR
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2025-01-01
2025-12-31
0000842180
country:TR
ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember
2025-01-01
2025-12-31
0000842180
country:TR
ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember
2025-01-01
2025-12-31
0000842180
country:TR
ifrs-full:LaterThanFiveYearsAndNotLaterThanTenYearsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:NotLaterThanOneYearMember
2025-01-01
2025-12-31
0000842180
ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:LaterThanFiveYearsAndNotLaterThanTenYearsMember
2025-01-01
2025-12-31
0000842180
bbva:CashOrCashEquivalentsPlanAssetsBreakdownMember
2025-12-31
0000842180
bbva:CashOrCashEquivalentsPlanAssetsBreakdownMember
2024-12-31
0000842180
bbva:CashOrCashEquivalentsPlanAssetsBreakdownMember
2023-12-31
0000842180
bbva:DebtSecuritiesGovernmentBondsPlanAssetsBreakdownMember
2025-12-31
0000842180
bbva:DebtSecuritiesGovernmentBondsPlanAssetsBreakdownMember
2024-12-31
0000842180
bbva:DebtSecuritiesGovernmentBondsPlanAssetsBreakdownMember
2023-12-31
0000842180
ifrs-full:InvestmentFundsMember
2025-12-31
0000842180
ifrs-full:InvestmentFundsMember
2024-12-31
0000842180
ifrs-full:InvestmentFundsMember
2023-12-31
0000842180
bbva:AssetBackedSecuritiesPlanAssetsMember
2025-12-31
0000842180
bbva:AssetBackedSecuritiesPlanAssetsMember
2024-12-31
0000842180
bbva:AssetBackedSecuritiesPlanAssetsMember
2023-12-31
0000842180
bbva:StructuredDebtMember
2025-12-31
0000842180
bbva:StructuredDebtMember
2024-12-31
0000842180
bbva:StructuredDebtMember
2023-12-31
0000842180
bbva:InsuranceContractsPlanAssetsBreakdownMember
2025-12-31
0000842180
bbva:InsuranceContractsPlanAssetsBreakdownMember
2024-12-31
0000842180
bbva:InsuranceContractsPlanAssetsBreakdownMember
2023-12-31
0000842180
bbva:TotalPlanAssetsBreakdownMember
2025-12-31
0000842180
bbva:TotalPlanAssetsBreakdownMember
2024-12-31
0000842180
bbva:TotalPlanAssetsBreakdownMember
2023-12-31
0000842180
bbva:OfWhichBankAccountInBBVAPlanAssetsBreakdownMember
2025-12-31
0000842180
bbva:OfWhichBankAccountInBBVAPlanAssetsBreakdownMember
2024-12-31
0000842180
bbva:OfWhichBankAccountInBBVAPlanAssetsBreakdownMember
2023-12-31
0000842180
bbva:OfWhichDebtSecuritiesIssuedByBBVAPlanAssetsBreakdownMember
2025-12-31
0000842180
bbva:OfWhichDebtSecuritiesIssuedByBBVAPlanAssetsBreakdownMember
2024-12-31
0000842180
bbva:OfWhichDebtSecuritiesIssuedByBBVAPlanAssetsBreakdownMember
2023-12-31
0000842180
bbva:OfWhichPropertyOccupiedByBBVAPlanAssetsBreakdownMember
2025-12-31
0000842180
bbva:OfWhichPropertyOccupiedByBBVAPlanAssetsBreakdownMember
2024-12-31
0000842180
bbva:OfWhichPropertyOccupiedByBBVAPlanAssetsBreakdownMember
2023-12-31
0000842180
bbva:CashOrCashEquivalentsInListedMarketsMember
2025-12-31
0000842180
bbva:CashOrCashEquivalentsInListedMarketsMember
2024-12-31
0000842180
bbva:CashOrCashEquivalentsInListedMarketsMember
2023-12-31
0000842180
bbva:DebtSecuritiesGovernmentBondsInListedMarketsMember
2025-12-31
0000842180
bbva:DebtSecuritiesGovernmentBondsInListedMarketsMember
2024-12-31
0000842180
bbva:DebtSecuritiesGovernmentBondsInListedMarketsMember
2023-12-31
0000842180
ifrs-full:InvestmentFundsMember
2025-12-31
0000842180
ifrs-full:InvestmentFundsMember
2024-12-31
0000842180
ifrs-full:InvestmentFundsMember
2023-12-31
0000842180
bbva:TotalInvestmentsInListedMarketsMember
2025-12-31
0000842180
bbva:TotalInvestmentsInListedMarketsMember
2024-12-31
0000842180
bbva:TotalInvestmentsInListedMarketsMember
2023-12-31
0000842180
bbva:OfWhichBankAccountInBBVAInListedMarketsMember
2025-12-31
0000842180
bbva:OfWhichBankAccountInBBVAInListedMarketsMember
2024-12-31
0000842180
bbva:OfWhichBankAccountInBBVAInListedMarketsMember
2023-12-31
0000842180
bbva:OfWhichDebtSecuritiesIssuedByBBVAInListedMarketsMember
2025-12-31
0000842180
bbva:OfWhichDebtSecuritiesIssuedByBBVAInListedMarketsMember
2024-12-31
0000842180
bbva:OfWhichDebtSecuritiesIssuedByBBVAInListedMarketsMember
2023-12-31
0000842180
bbva:OfWhichPropertyOccupiedByBBVAInListedMarketsMember
2025-12-31
0000842180
bbva:OfWhichPropertyOccupiedByBBVAInListedMarketsMember
2024-12-31
0000842180
bbva:OfWhichPropertyOccupiedByBBVAInListedMarketsMember
2023-12-31
0000842180
bbva:HoldingCompanyMember
2025-12-31
0000842180
bbva:HoldingCompanyMember
2024-12-31
0000842180
bbva:HoldingCompanyMember
2023-12-31
0000842180
bbva:BBVAMexicoGroupMember
2025-12-31
0000842180
bbva:BBVAMexicoGroupMember
2024-12-31
0000842180
bbva:BBVAMexicoGroupMember
2023-12-31
0000842180
bbva:GarantiBBVAGroupMember
2025-12-31
0000842180
bbva:GarantiBBVAGroupMember
2024-12-31
0000842180
bbva:GarantiBBVAGroupMember
2023-12-31
0000842180
bbva:BBVABancoProvincialGroupMember
2025-12-31
0000842180
bbva:BBVABancoProvincialGroupMember
2024-12-31
0000842180
bbva:BBVABancoProvincialGroupMember
2023-12-31
0000842180
bbva:BBVAColombiaGroupMember
2025-12-31
0000842180
bbva:BBVAColombiaGroupMember
2024-12-31
0000842180
bbva:BBVAColombiaGroupMember
2023-12-31
0000842180
bbva:BBVAArgentinaGroupMember
2025-12-31
0000842180
bbva:BBVAArgentinaGroupMember
2024-12-31
0000842180
bbva:BBVAArgentinaGroupMember
2023-12-31
0000842180
bbva:BBVAPeruGroupMember
2025-12-31
0000842180
bbva:BBVAPeruGroupMember
2024-12-31
0000842180
bbva:BBVAPeruGroupMember
2023-12-31
0000842180
bbva:ForumChileGroupMember
2025-12-31
0000842180
bbva:ForumChileGroupMember
2024-12-31
0000842180
bbva:ForumChileGroupMember
2023-12-31
0000842180
bbva:BBVAUruguayGroupMember
2025-12-31
0000842180
bbva:BBVAUruguayGroupMember
2024-12-31
0000842180
bbva:BBVAUruguayGroupMember
2023-12-31
0000842180
bbva:CorporacionGeneralFinancieraSAMember
2025-12-31
0000842180
bbva:CorporacionGeneralFinancieraSAMember
2024-12-31
0000842180
bbva:CorporacionGeneralFinancieraSAMember
2023-12-31
0000842180
bbva:BBVAmericaSLMember
2025-12-31
0000842180
bbva:BBVAmericaSLMember
2024-12-31
0000842180
bbva:BBVAmericaSLMember
2023-12-31
0000842180
bbva:BBVALeasingMexicoS.A.DECVMember
2025-12-31
0000842180
bbva:BBVALeasingMexicoS.A.DECVMember
2024-12-31
0000842180
bbva:BBVALeasingMexicoS.A.DECVMember
2023-12-31
0000842180
bbva:BilbaoVizcayaHoldingSAMember
2025-12-31
0000842180
bbva:BilbaoVizcayaHoldingSAMember
2024-12-31
0000842180
bbva:BilbaoVizcayaHoldingSAMember
2023-12-31
0000842180
bbva:BBVATecnologyAmericaS.A.Member
2025-12-31
0000842180
bbva:BBVATecnologyAmericaS.A.Member
2024-12-31
0000842180
bbva:BBVATecnologyAmericaS.A.Member
2023-12-31
0000842180
bbva:BBVATechnologyAmericaS.A.Member
2025-12-31
0000842180
bbva:BBVATechnologyAmericaS.A.Member
2024-12-31
0000842180
bbva:BBVATechnologyAmericaS.A.Member
2023-12-31
0000842180
bbva:AnidaOperacionesSingularesSAMember
2025-12-31
0000842180
bbva:AnidaOperacionesSingularesSAMember
2024-12-31
0000842180
bbva:AnidaOperacionesSingularesSAMember
2023-12-31
0000842180
bbva:TreeInversionesInmobiliariasS.A.Member
2025-12-31
0000842180
bbva:TreeInversionesInmobiliariasS.A.Member
2024-12-31
0000842180
bbva:TreeInversionesInmobiliariasS.A.Member
2023-12-31
0000842180
bbva:OtherRealStateSpanishCompaniesMember
2025-12-31
0000842180
bbva:OtherRealStateSpanishCompaniesMember
2024-12-31
0000842180
bbva:OtherRealStateSpanishCompaniesMember
2023-12-31
0000842180
bbva:OtherRetainedEarningsLossesAndRevaluationReservesMember
2025-12-31
0000842180
bbva:OtherRetainedEarningsLossesAndRevaluationReservesMember
2024-12-31
0000842180
bbva:OtherRetainedEarningsLossesAndRevaluationReservesMember
2023-12-31
0000842180
bbva:ATOMHoldomLimitedMember
2025-12-31
0000842180
bbva:ATOMHoldomLimitedMember
2024-12-31
0000842180
bbva:ATOMHoldomLimitedMember
2023-12-31
0000842180
bbva:MetrovacesaSAMember
2025-12-31
0000842180
bbva:MetrovacesaSAMember
2024-12-31
0000842180
bbva:MetrovacesaSAMember
2023-12-31
0000842180
bbva:OtherReservesOrAccumulatedLossesOfInvestmentsInJointVenturesAndAssociatesMember
2025-12-31
0000842180
bbva:OtherReservesOrAccumulatedLossesOfInvestmentsInJointVenturesAndAssociatesMember
2024-12-31
0000842180
bbva:OtherReservesOrAccumulatedLossesOfInvestmentsInJointVenturesAndAssociatesMember
2023-12-31
0000842180
bbva:HeldByBBVAMember
2025-12-31
0000842180
bbva:HeldByBBVAMember
2024-12-31
0000842180
bbva:HeldByBBVAMember
2023-12-31
0000842180
bbva:HeldByCorporacionGeneralFinancieraSAMember
2025-12-31
0000842180
bbva:HeldByCorporacionGeneralFinancieraSAMember
2024-12-31
0000842180
bbva:HeldByCorporacionGeneralFinancieraSAMember
2023-12-31
0000842180
bbva:HeldByOtherSubsidiariesMember
2025-12-31
0000842180
bbva:HeldByOtherSubsidiariesMember
2024-12-31
0000842180
bbva:HeldByOtherSubsidiariesMember
2023-12-31
0000842180
bbva:MillionsOfEurosMember
2025-12-31
0000842180
bbva:MillionsOfEurosMember
2024-12-31
0000842180
bbva:MillionsOfEurosMember
2023-12-31
0000842180
ifrs-full:BottomOfRangeMember
2025-12-31
0000842180
ifrs-full:TopOfRangeMember
2025-12-31
0000842180
bbva:ClosingRangeMember
2025-12-31
0000842180
ifrs-full:BottomOfRangeMember
2024-12-31
0000842180
ifrs-full:TopOfRangeMember
2024-12-31
0000842180
bbva:ClosingRangeMember
2024-12-31
0000842180
ifrs-full:BottomOfRangeMember
2023-12-31
0000842180
ifrs-full:TopOfRangeMember
2023-12-31
0000842180
bbva:ClosingRangeMember
2023-12-31
0000842180
currency:MXN
2025-12-31
0000842180
currency:MXN
2024-12-31
0000842180
currency:MXN
2023-12-31
0000842180
currency:TRY
2025-12-31
0000842180
currency:TRY
2024-12-31
0000842180
currency:TRY
2023-12-31
0000842180
bbva:OtherExchangesMember
2025-12-31
0000842180
bbva:OtherExchangesMember
2024-12-31
0000842180
bbva:OtherExchangesMember
2023-12-31
0000842180
currency:ARS
2025-12-31
0000842180
currency:ARS
2024-12-31
0000842180
currency:ARS
2023-12-31
0000842180
bbva:VenezuelaBolivarMember
2025-12-31
0000842180
bbva:VenezuelaBolivarMember
2024-12-31
0000842180
bbva:VenezuelaBolivarMember
2023-12-31
0000842180
bbva:BBVAGarantiMember
2025-12-31
0000842180
bbva:BBVAGarantiMember
2024-12-31
0000842180
bbva:BBVAGarantiMember
2023-12-31
0000842180
bbva:PeruBBVAMember
2025-12-31
0000842180
bbva:PeruBBVAMember
2024-12-31
0000842180
bbva:PeruBBVAMember
2023-12-31
0000842180
bbva:ArgentinaBBVAMember
2025-12-31
0000842180
bbva:ArgentinaBBVAMember
2024-12-31
0000842180
bbva:ArgentinaBBVAMember
2023-12-31
0000842180
bbva:ColombiaBBVAMember
2025-12-31
0000842180
bbva:ColombiaBBVAMember
2024-12-31
0000842180
bbva:ColombiaBBVAMember
2023-12-31
0000842180
bbva:VenezuelaBBVAMember
2025-12-31
0000842180
bbva:VenezuelaBBVAMember
2024-12-31
0000842180
bbva:VenezuelaBBVAMember
2023-12-31
0000842180
bbva:OtherEntitiesBBVAMember
2025-12-31
0000842180
bbva:OtherEntitiesBBVAMember
2024-12-31
0000842180
bbva:OtherEntitiesBBVAMember
2023-12-31
0000842180
bbva:BBVAGarantiMember
2025-01-01
2025-12-31
0000842180
bbva:BBVAGarantiMember
2024-01-01
2024-12-31
0000842180
bbva:BBVAGarantiMember
2023-01-01
2023-12-31
0000842180
bbva:PeruBBVAMember
2025-01-01
2025-12-31
0000842180
bbva:PeruBBVAMember
2024-01-01
2024-12-31
0000842180
bbva:PeruBBVAMember
2023-01-01
2023-12-31
0000842180
bbva:ArgentinaBBVAMember
2025-01-01
2025-12-31
0000842180
bbva:ArgentinaBBVAMember
2024-01-01
2024-12-31
0000842180
bbva:ArgentinaBBVAMember
2023-01-01
2023-12-31
0000842180
bbva:ColombiaBBVAMember
2025-01-01
2025-12-31
0000842180
bbva:ColombiaBBVAMember
2024-01-01
2024-12-31
0000842180
bbva:ColombiaBBVAMember
2023-01-01
2023-12-31
0000842180
bbva:VenezuelaBBVAMember
2025-01-01
2025-12-31
0000842180
bbva:VenezuelaBBVAMember
2024-01-01
2024-12-31
0000842180
bbva:VenezuelaBBVAMember
2023-01-01
2023-12-31
0000842180
bbva:OtherEntitiesBBVAMember
2025-01-01
2025-12-31
0000842180
bbva:OtherEntitiesBBVAMember
2024-01-01
2024-12-31
0000842180
bbva:OtherEntitiesBBVAMember
2023-01-01
2023-12-31
0000842180
bbva:CapitalAndSharePremiumMember
2025-12-31
0000842180
bbva:CapitalAndSharePremiumMember
2024-12-31
0000842180
bbva:CapitalAndSharePremiumMember
2023-12-31
0000842180
bbva:RetainedEarningsAndEquityInstrumentsMember
2025-12-31
0000842180
bbva:RetainedEarningsAndEquityInstrumentsMember
2024-12-31
0000842180
bbva:RetainedEarningsAndEquityInstrumentsMember
2023-12-31
0000842180
bbva:OtherAccumulatedIncomeAndOtherReservesMember
2025-12-31
0000842180
bbva:OtherAccumulatedIncomeAndOtherReservesMember
2024-12-31
0000842180
bbva:OtherAccumulatedIncomeAndOtherReservesMember
2023-12-31
0000842180
ifrs-full:NoncontrollingInterestsMember
2025-12-31
0000842180
ifrs-full:NoncontrollingInterestsMember
2024-12-31
0000842180
ifrs-full:NoncontrollingInterestsMember
2023-12-31
0000842180
bbva:NetInterimAttributableProfitMember
2025-12-31
0000842180
bbva:NetInterimAttributableProfitMember
2024-12-31
0000842180
bbva:NetInterimAttributableProfitMember
2023-12-31
0000842180
bbva:CommonEquityTier1CET1BeforeOterRegulatoryAdjustmentsMember
2025-12-31
0000842180
bbva:CommonEquityTier1CET1BeforeOterRegulatoryAdjustmentsMember
2024-12-31
0000842180
bbva:CommonEquityTier1CET1BeforeOterRegulatoryAdjustmentsMember
2023-12-31
0000842180
ifrs-full:ClassesOfIntangibleAssetsAndGoodwillDomain
2025-12-31
0000842180
ifrs-full:ClassesOfIntangibleAssetsAndGoodwillDomain
2024-12-31
0000842180
ifrs-full:ClassesOfIntangibleAssetsAndGoodwillDomain
2023-12-31
0000842180
bbva:DirectAndIndirectHoldingsInOwnCommonEquityTier1InstrumentsMember
2025-12-31
0000842180
bbva:DirectAndIndirectHoldingsInOwnCommonEquityTier1InstrumentsMember
2024-12-31
0000842180
bbva:DirectAndIndirectHoldingsInOwnCommonEquityTier1InstrumentsMember
2023-12-31
0000842180
bbva:DeferredTaxAssetsMember
2025-12-31
0000842180
bbva:DeferredTaxAssetsMember
2024-12-31
0000842180
bbva:DeferredTaxAssetsMember
2023-12-31
0000842180
bbva:OtherDeductionsAndFiltersMember
2025-12-31
0000842180
bbva:OtherDeductionsAndFiltersMember
2024-12-31
0000842180
bbva:OtherDeductionsAndFiltersMember
2023-12-31
0000842180
bbva:TotalCommonEquityTier1RegulatoryAdjustmentsMember
2025-12-31
0000842180
bbva:TotalCommonEquityTier1RegulatoryAdjustmentsMember
2024-12-31
0000842180
bbva:TotalCommonEquityTier1RegulatoryAdjustmentsMember
2023-12-31
0000842180
bbva:CommonEquityTIER1CET1Member
2025-12-31
0000842180
bbva:CommonEquityTIER1CET1Member
2024-12-31
0000842180
bbva:CommonEquityTIER1CET1Member
2023-12-31
0000842180
bbva:CapitalInstrumentsAndSharePremiumAccountsClassifiedAsLiabilitiesAndQualifyingAsAdditionalTier1Member
2025-12-31
0000842180
bbva:CapitalInstrumentsAndSharePremiumAccountsClassifiedAsLiabilitiesAndQualifyingAsAdditionalTier1Member
2024-12-31
0000842180
bbva:CapitalInstrumentsAndSharePremiumAccountsClassifiedAsLiabilitiesAndQualifyingAsAdditionalTier1Member
2023-12-31
0000842180
bbva:QualifyingTier1CapitalIncludedInConsolidatedAT1CapitalIssuedBySubsidiariesAndHeldByThirdPartiesMember
2025-12-31
0000842180
bbva:QualifyingTier1CapitalIncludedInConsolidatedAT1CapitalIssuedBySubsidiariesAndHeldByThirdPartiesMember
2024-12-31
0000842180
bbva:QualifyingTier1CapitalIncludedInConsolidatedAT1CapitalIssuedBySubsidiariesAndHeldByThirdPartiesMember
2023-12-31
0000842180
bbva:AdditionalTier1CET1BeforeRegulatoryAdjustmentsMember
2025-12-31
0000842180
bbva:AdditionalTier1CET1BeforeRegulatoryAdjustmentsMember
2024-12-31
0000842180
bbva:AdditionalTier1CET1BeforeRegulatoryAdjustmentsMember
2023-12-31
0000842180
bbva:TransitionalCET1AdjustmentsMember
2025-12-31
0000842180
bbva:TransitionalCET1AdjustmentsMember
2024-12-31
0000842180
bbva:TransitionalCET1AdjustmentsMember
2023-12-31
0000842180
bbva:TotalRegulatoryAdjustmentsToAdditionalTier1Member
2025-12-31
0000842180
bbva:TotalRegulatoryAdjustmentsToAdditionalTier1Member
2024-12-31
0000842180
bbva:TotalRegulatoryAdjustmentsToAdditionalTier1Member
2023-12-31
0000842180
bbva:AdditionalTier1AT1Member
2025-12-31
0000842180
bbva:AdditionalTier1AT1Member
2024-12-31
0000842180
bbva:AdditionalTier1AT1Member
2023-12-31
0000842180
bbva:CapitalInstrumentsAndSharePremiumAccountedAsTier2Member
2025-12-31
0000842180
bbva:CapitalInstrumentsAndSharePremiumAccountedAsTier2Member
2024-12-31
0000842180
bbva:CapitalInstrumentsAndSharePremiumAccountedAsTier2Member
2023-12-31
0000842180
bbva:QualifyingTier2CapitalIncludedInConsolidatedT2CapitalIssuedBySubsidiariesAndHeldByThirdPartiesMember
2025-12-31
0000842180
bbva:QualifyingTier2CapitalIncludedInConsolidatedT2CapitalIssuedBySubsidiariesAndHeldByThirdPartiesMember
2024-12-31
0000842180
bbva:QualifyingTier2CapitalIncludedInConsolidatedT2CapitalIssuedBySubsidiariesAndHeldByThirdPartiesMember
2023-12-31
0000842180
bbva:CreditRiskAdjustmentsMember
2025-12-31
0000842180
bbva:CreditRiskAdjustmentsMember
2024-12-31
0000842180
bbva:CreditRiskAdjustmentsMember
2023-12-31
0000842180
bbva:Tier2BeforeRegulatoryAdjustmentsMember
2025-12-31
0000842180
bbva:Tier2BeforeRegulatoryAdjustmentsMember
2024-12-31
0000842180
bbva:Tier2BeforeRegulatoryAdjustmentsMember
2023-12-31
0000842180
bbva:Tier2RegulatoryAdjustmentsMember
2025-12-31
0000842180
bbva:Tier2RegulatoryAdjustmentsMember
2024-12-31
0000842180
bbva:Tier2RegulatoryAdjustmentsMember
2023-12-31
0000842180
bbva:Tier2AfterRegulatoryAdjustmentsMember
2025-12-31
0000842180
bbva:Tier2AfterRegulatoryAdjustmentsMember
2024-12-31
0000842180
bbva:Tier2AfterRegulatoryAdjustmentsMember
2023-12-31
0000842180
bbva:CET1PhasedInMember
2025-12-31
0000842180
bbva:CET1PhasedInMember
2024-12-31
0000842180
bbva:CET1PhasedInMember
2023-12-31
0000842180
bbva:Tier1PhasedInMember
2025-12-31
0000842180
bbva:Tier1PhasedInMember
2024-12-31
0000842180
bbva:Tier1PhasedInMember
2023-12-31
0000842180
bbva:TotalCapitalPhasedInMember
2025-12-31
0000842180
bbva:TotalCapitalPhasedInMember
2024-12-31
0000842180
bbva:TotalCapitalPhasedInMember
2023-12-31
0000842180
bbva:ImpairedMember
2025-12-31
0000842180
bbva:ImpairedMember
2024-12-31
0000842180
bbva:ImpairedMember
2023-12-31
0000842180
bbva:CentralBanksMember
2025-12-31
0000842180
bbva:CentralBanksMember
2024-12-31
0000842180
bbva:CentralBanksMember
2023-12-31
0000842180
ifrs-full:GovernmentMember
2025-12-31
0000842180
ifrs-full:GovernmentMember
2024-12-31
0000842180
ifrs-full:GovernmentMember
2023-12-31
0000842180
bbva:BanksMember
2025-12-31
0000842180
bbva:BanksMember
2024-12-31
0000842180
bbva:BanksMember
2023-12-31
0000842180
bbva:OtherFinancialCorporationsMember
2025-12-31
0000842180
bbva:OtherFinancialCorporationsMember
2024-12-31
0000842180
bbva:OtherFinancialCorporationsMember
2023-12-31
0000842180
bbva:NonFinancialCorporationsMember
2025-12-31
0000842180
bbva:NonFinancialCorporationsMember
2024-12-31
0000842180
bbva:NonFinancialCorporationsMember
2023-12-31
0000842180
bbva:HouseholdsMember
2025-12-31
0000842180
bbva:HouseholdsMember
2024-12-31
0000842180
bbva:HouseholdsMember
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember
2023-01-01
2023-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
2025-01-01
2025-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
2024-01-01
2024-12-31
0000842180
ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DebtSecuritiesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DebtSecuritiesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DebtSecuritiesMember
2023-01-01
2023-12-31
0000842180
ifrs-full:EquityInvestmentsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:EquityInvestmentsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:EquityInvestmentsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:DerivativesMember
2025-01-01
2025-12-31
0000842180
ifrs-full:DerivativesMember
2024-01-01
2024-12-31
0000842180
ifrs-full:DerivativesMember
2023-01-01
2023-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
2025-01-01
2025-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
2024-01-01
2024-12-31
0000842180
bbva:LoansAndAdvancesToCustomersMember
2023-01-01
2023-12-31
0000842180
bbva:CustomerDepositsMember
2025-01-01
2025-12-31
0000842180
bbva:CustomerDepositsMember
2024-01-01
2024-12-31
0000842180
bbva:CustomerDepositsMember
2023-01-01
2023-12-31
0000842180
bbva:OtherMember
2025-01-01
2025-12-31
0000842180
bbva:OtherMember
2024-01-01
2024-12-31
0000842180
bbva:OtherMember
2023-01-01
2023-12-31
0000842180
bbva:InterestRateAgreementsHedgeAccountingMember
bbva:TradingDerivativesHedgeAccountingMember
2025-12-31
0000842180
bbva:InterestRateAgreementsHedgeAccountingMember
bbva:TradingDerivativesHedgeAccountingMember
2024-12-31
0000842180
bbva:InterestRateAgreementsHedgeAccountingMember
bbva:TradingDerivativesHedgeAccountingMember
2023-12-31
0000842180
bbva:SecuritiesAgreementsHedgeAccountingMember
bbva:TradingDerivativesHedgeAccountingMember
2025-12-31
0000842180
bbva:SecuritiesAgreementsHedgeAccountingMember
bbva:TradingDerivativesHedgeAccountingMember
2024-12-31
0000842180
bbva:SecuritiesAgreementsHedgeAccountingMember
bbva:TradingDerivativesHedgeAccountingMember
2023-12-31
0000842180
bbva:CreditDerivativeAgreementsHedgeAccountingMember
bbva:TradingDerivativesHedgeAccountingMember
2025-12-31
0000842180
bbva:CreditDerivativeAgreementsHedgeAccountingMember
bbva:TradingDerivativesHedgeAccountingMember
2024-12-31
0000842180
bbva:CreditDerivativeAgreementsHedgeAccountingMember
bbva:TradingDerivativesHedgeAccountingMember
2023-12-31
0000842180
bbva:ForeignExchangeAgreementsHedgeAccountingMember
bbva:TradingDerivativesHedgeAccountingMember
2025-12-31
0000842180
bbva:ForeignExchangeAgreementsHedgeAccountingMember
bbva:TradingDerivativesHedgeAccountingMember
2024-12-31
0000842180
bbva:ForeignExchangeAgreementsHedgeAccountingMember
bbva:TradingDerivativesHedgeAccountingMember
2023-12-31
0000842180
bbva:OtherAgreementsHedgeAccountingMember
bbva:TradingDerivativesHedgeAccountingMember
2025-12-31
0000842180
bbva:OtherAgreementsHedgeAccountingMember
bbva:TradingDerivativesHedgeAccountingMember
2024-12-31
0000842180
bbva:OtherAgreementsHedgeAccountingMember
bbva:TradingDerivativesHedgeAccountingMember
2023-12-31
0000842180
bbva:TradingDerivativesHedgeAccountingMember
2025-12-31
0000842180
bbva:TradingDerivativesHedgeAccountingMember
2024-12-31
0000842180
bbva:TradingDerivativesHedgeAccountingMember
2023-12-31
0000842180
bbva:FairValueHedgesIneffectivenessMember
bbva:HedgingDerivativesIneffectivenessMember
2025-12-31
0000842180
bbva:FairValueHedgesIneffectivenessMember
bbva:HedgingDerivativesIneffectivenessMember
2024-12-31
0000842180
bbva:FairValueHedgesIneffectivenessMember
bbva:HedgingDerivativesIneffectivenessMember
2023-12-31
0000842180
bbva:HedgingDerivativeFairValueIneffectivenessMember
bbva:HedgingDerivativesIneffectivenessMember
2025-12-31
0000842180
bbva:HedgingDerivativeFairValueIneffectivenessMember
bbva:HedgingDerivativesIneffectivenessMember
2024-12-31
0000842180
bbva:HedgingDerivativeFairValueIneffectivenessMember
bbva:HedgingDerivativesIneffectivenessMember
2023-12-31
0000842180
bbva:HedgedItemFairValueIneffectivenessMember
bbva:HedgingDerivativesIneffectivenessMember
2025-12-31
0000842180
bbva:HedgedItemFairValueIneffectivenessMember
bbva:HedgingDerivativesIneffectivenessMember
2024-12-31
0000842180
bbva:HedgedItemFairValueIneffectivenessMember
bbva:HedgingDerivativesIneffectivenessMember
2023-12-31
0000842180
bbva:CashFlowHedgesIneffectivenessMember
bbva:HedgingDerivativesIneffectivenessMember
2025-12-31
0000842180
bbva:CashFlowHedgesIneffectivenessMember
bbva:HedgingDerivativesIneffectivenessMember
2024-12-31
0000842180
bbva:CashFlowHedgesIneffectivenessMember
bbva:HedgingDerivativesIneffectivenessMember
2023-12-31
0000842180
bbva:HedgingDerivativesIneffectivenessMember
2025-12-31
0000842180
bbva:HedgingDerivativesIneffectivenessMember
2024-12-31
0000842180
bbva:HedgingDerivativesIneffectivenessMember
2023-12-31
0000842180
bbva:LifeInsuranceContractsMember
2025-01-01
2025-12-31
0000842180
bbva:LifeInsuranceContractsMember
2024-01-01
2024-12-31
0000842180
bbva:LifeInsuranceContractsMember
2023-01-01
2023-12-31
0000842180
bbva:IndividualLifeInsuranceContractsMember
2025-01-01
2025-12-31
0000842180
bbva:IndividualLifeInsuranceContractsMember
2024-01-01
2024-12-31
0000842180
bbva:IndividualLifeInsuranceContractsMember
2023-01-01
2023-12-31
0000842180
bbva:GroupInsuranceLifeInsuranceContractsMember
2025-01-01
2025-12-31
0000842180
bbva:GroupInsuranceLifeInsuranceContractsMember
2024-01-01
2024-12-31
0000842180
bbva:GroupInsuranceLifeInsuranceContractsMember
2023-01-01
2023-12-31
0000842180
bbva:NonlifeInsuranceContractsMember
2025-01-01
2025-12-31
0000842180
bbva:NonlifeInsuranceContractsMember
2024-01-01
2024-12-31
0000842180
bbva:NonlifeInsuranceContractsMember
2023-01-01
2023-12-31
0000842180
bbva:HomeInsuranceNonLifeInsuranceContractsMember
2025-01-01
2025-12-31
0000842180
bbva:HomeInsuranceNonLifeInsuranceContractsMember
2024-01-01
2024-12-31
0000842180
bbva:HomeInsuranceNonLifeInsuranceContractsMember
2023-01-01
2023-12-31
0000842180
bbva:OtherNonLifeInsuranceProductsMember
2025-01-01
2025-12-31
0000842180
bbva:OtherNonLifeInsuranceProductsMember
2024-01-01
2024-12-31
0000842180
bbva:OtherNonLifeInsuranceProductsMember
2023-01-01
2023-12-31
0000842180
bbva:TangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:TangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:TangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:ForOwnUseDepreciableAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:ForOwnUseDepreciableAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:ForOwnUseDepreciableAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:RightofuseAssetsMember
2025-01-01
2025-12-31
0000842180
ifrs-full:RightofuseAssetsMember
2024-01-01
2024-12-31
0000842180
ifrs-full:RightofuseAssetsMember
2023-01-01
2023-12-31
0000842180
ifrs-full:InvestmentPropertyMember
2025-01-01
2025-12-31
0000842180
ifrs-full:InvestmentPropertyMember
2024-01-01
2024-12-31
0000842180
ifrs-full:InvestmentPropertyMember
2023-01-01
2023-12-31
0000842180
bbva:IntangibleAssetsMember
2025-01-01
2025-12-31
0000842180
bbva:IntangibleAssetsMember
2024-01-01
2024-12-31
0000842180
bbva:IntangibleAssetsMember
2023-01-01
2023-12-31
0000842180
bbva:DebtCertificatesMember
2025-01-01
2025-12-31
0000842180
bbva:DebtCertificatesMember
2024-01-01
2024-12-31
0000842180
bbva:DebtCertificatesMember
2023-01-01
2023-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
2025-01-01
2025-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
2024-01-01
2024-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
2023-01-01
2023-12-31
0000842180
bbva:DebtCertificatesMember
bbva:NonCashChangesInLiabilitiesFromAcquisitionMember
2025-01-01
2025-12-31
0000842180
bbva:DebtCertificatesMember
bbva:NonCashChangesInLiabilitiesFromAcquisitionMember
2024-01-01
2024-12-31
0000842180
bbva:DebtCertificatesMember
bbva:NonCashChangesInLiabilitiesFromAcquisitionMember
2023-01-01
2023-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
bbva:NonCashChangesInLiabilitiesFromAcquisitionMember
2025-01-01
2025-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
bbva:NonCashChangesInLiabilitiesFromAcquisitionMember
2024-01-01
2024-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
bbva:NonCashChangesInLiabilitiesFromAcquisitionMember
2023-01-01
2023-12-31
0000842180
bbva:DebtCertificatesMember
bbva:NonCashChangesInLiabilitiesFromDisposalMember
2025-01-01
2025-12-31
0000842180
bbva:DebtCertificatesMember
bbva:NonCashChangesInLiabilitiesFromDisposalMember
2024-01-01
2024-12-31
0000842180
bbva:DebtCertificatesMember
bbva:NonCashChangesInLiabilitiesFromDisposalMember
2023-01-01
2023-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
bbva:NonCashChangesInLiabilitiesFromDisposalMember
2025-01-01
2025-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
bbva:NonCashChangesInLiabilitiesFromDisposalMember
2024-01-01
2024-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
bbva:NonCashChangesInLiabilitiesFromDisposalMember
2023-01-01
2023-12-31
0000842180
bbva:DebtCertificatesMember
bbva:NonCashChangesInLiabilitiesFromDisposalsByCompaniesHeldForSaleMember
2025-01-01
2025-12-31
0000842180
bbva:DebtCertificatesMember
bbva:NonCashChangesInLiabilitiesFromDisposalsByCompaniesHeldForSaleMember
2024-01-01
2024-12-31
0000842180
bbva:DebtCertificatesMember
bbva:NonCashChangesInLiabilitiesFromDisposalsByCompaniesHeldForSaleMember
2023-01-01
2023-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
bbva:NonCashChangesInLiabilitiesFromDisposalsByCompaniesHeldForSaleMember
2025-01-01
2025-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
bbva:NonCashChangesInLiabilitiesFromDisposalsByCompaniesHeldForSaleMember
2024-01-01
2024-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
bbva:NonCashChangesInLiabilitiesFromDisposalsByCompaniesHeldForSaleMember
2023-01-01
2023-12-31
0000842180
bbva:DebtCertificatesMember
bbva:NonCashChangesInLiabilitiesFromForeignExchangeMovementsMember
2025-01-01
2025-12-31
0000842180
bbva:DebtCertificatesMember
bbva:NonCashChangesInLiabilitiesFromForeignExchangeMovementsMember
2024-01-01
2024-12-31
0000842180
bbva:DebtCertificatesMember
bbva:NonCashChangesInLiabilitiesFromForeignExchangeMovementsMember
2023-01-01
2023-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
bbva:NonCashChangesInLiabilitiesFromForeignExchangeMovementsMember
2025-01-01
2025-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
bbva:NonCashChangesInLiabilitiesFromForeignExchangeMovementsMember
2024-01-01
2024-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
bbva:NonCashChangesInLiabilitiesFromForeignExchangeMovementsMember
2023-01-01
2023-12-31
0000842180
bbva:DebtCertificatesMember
bbva:NonCashChangesInLiabilitiesFromFairValueChangesMember
2025-01-01
2025-12-31
0000842180
bbva:DebtCertificatesMember
bbva:NonCashChangesInLiabilitiesFromFairValueChangesMember
2024-01-01
2024-12-31
0000842180
bbva:DebtCertificatesMember
bbva:NonCashChangesInLiabilitiesFromFairValueChangesMember
2023-01-01
2023-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
bbva:NonCashChangesInLiabilitiesFromFairValueChangesMember
2025-01-01
2025-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
bbva:NonCashChangesInLiabilitiesFromFairValueChangesMember
2024-01-01
2024-12-31
0000842180
bbva:SubordinatedLiabilitiesMember
bbva:NonCashChangesInLiabilitiesFromFairValueChangesMember
2023-01-01
2023-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
2025-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
2024-12-31
0000842180
ifrs-full:ClassesOfAssetsDomain
2023-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
2025-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
2024-12-31
0000842180
ifrs-full:ClassesOfLiabilitiesDomain
2023-12-31
0000842180
bbva:MemorandumAccountsMember
2025-12-31
0000842180
bbva:MemorandumAccountsMember
2024-12-31
0000842180
bbva:MemorandumAccountsMember
2023-12-31
0000842180
srt:DirectorMember
2025-12-31
0000842180
ifrs-full:RelatedPartiesMember
2025-12-31
0000842180
bbva:SeniorManagementMember
2025-12-31
0000842180
bbva:RelatedPartiesOfSeniorManagementMember
2025-12-31
0000842180
srt:DirectorMember
2024-12-31
0000842180
ifrs-full:RelatedPartiesMember
2024-12-31
0000842180
bbva:SeniorManagementMember
2024-12-31
0000842180
bbva:RelatedPartiesOfSeniorManagementMember
2024-12-31
0000842180
srt:DirectorMember
2023-12-31
0000842180
ifrs-full:RelatedPartiesMember
2023-12-31
0000842180
bbva:SeniorManagementMember
2023-12-31
0000842180
bbva:RelatedPartiesOfSeniorManagementMember
2023-12-31
0000842180
bbva:JosMiguelAndrsTorrecillasMember
srt:BoardOfDirectorsChairmanMember
2025-01-01
2025-12-31
0000842180
bbva:JosMiguelAndrsTorrecillasMember
bbva:ExecutiveCommitteeMembersMember
2025-01-01
2025-12-31
0000842180
bbva:JosMiguelAndrsTorrecillasMember
bbva:AuditAndComplianceCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:JosMiguelAndrsTorrecillasMember
bbva:RiskCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:JosMiguelAndrsTorrecillasMember
bbva:RemunerationCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:JosMiguelAndrsTorrecillasMember
bbva:AppointmentsCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:JosMiguelAndrsTorrecillasMember
bbva:TechnologyAndCybersecurityCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:JosMiguelAndrsTorrecillasMember
bbva:OtherPositionsMember
2025-01-01
2025-12-31
0000842180
bbva:JosMiguelAndrsTorrecillasMember
2025-01-01
2025-12-31
0000842180
bbva:JosMiguelAndrsTorrecillasMember
2024-01-01
2024-12-31
0000842180
bbva:JaimeCaruanaLacorteMember
srt:BoardOfDirectorsChairmanMember
2025-01-01
2025-12-31
0000842180
bbva:JaimeCaruanaLacorteMember
bbva:ExecutiveCommitteeMembersMember
2025-01-01
2025-12-31
0000842180
bbva:JaimeCaruanaLacorteMember
bbva:AuditAndComplianceCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:JaimeCaruanaLacorteMember
bbva:RiskCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:JaimeCaruanaLacorteMember
bbva:RemunerationCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:JaimeCaruanaLacorteMember
bbva:AppointmentsCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:JaimeCaruanaLacorteMember
bbva:TechnologyAndCybersecurityCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:JaimeCaruanaLacorteMember
bbva:OtherPositionsMember
2025-01-01
2025-12-31
0000842180
bbva:JaimeCaruanaLacorteMember
2025-01-01
2025-12-31
0000842180
bbva:JaimeCaruanaLacorteMember
2024-01-01
2024-12-31
0000842180
bbva:EnriqueCasanuevaNardizMember
srt:BoardOfDirectorsChairmanMember
2025-01-01
2025-12-31
0000842180
bbva:EnriqueCasanuevaNardizMember
bbva:ExecutiveCommitteeMembersMember
2025-01-01
2025-12-31
0000842180
bbva:EnriqueCasanuevaNardizMember
bbva:AuditAndComplianceCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:EnriqueCasanuevaNardizMember
bbva:RiskCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:EnriqueCasanuevaNardizMember
bbva:RemunerationCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:EnriqueCasanuevaNardizMember
bbva:AppointmentsCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:EnriqueCasanuevaNardizMember
bbva:TechnologyAndCybersecurityCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:EnriqueCasanuevaNardizMember
bbva:OtherPositionsMember
2025-01-01
2025-12-31
0000842180
bbva:EnriqueCasanuevaNardizMember
2025-01-01
2025-12-31
0000842180
bbva:EnriqueCasanuevaNardizMember
2024-01-01
2024-12-31
0000842180
bbva:SoniaDulaMember
srt:BoardOfDirectorsChairmanMember
2025-01-01
2025-12-31
0000842180
bbva:SoniaDulaMember
bbva:ExecutiveCommitteeMembersMember
2025-01-01
2025-12-31
0000842180
bbva:SoniaDulaMember
bbva:AuditAndComplianceCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:SoniaDulaMember
bbva:RiskCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:SoniaDulaMember
bbva:RemunerationCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:SoniaDulaMember
bbva:AppointmentsCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:SoniaDulaMember
bbva:TechnologyAndCybersecurityCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:SoniaDulaMember
bbva:OtherPositionsMember
2025-01-01
2025-12-31
0000842180
bbva:SoniaDulaMember
2025-01-01
2025-12-31
0000842180
bbva:SoniaDulaMember
2024-01-01
2024-12-31
0000842180
bbva:RalGalambaDeOliveiraMember
srt:BoardOfDirectorsChairmanMember
2025-01-01
2025-12-31
0000842180
bbva:RalGalambaDeOliveiraMember
bbva:ExecutiveCommitteeMembersMember
2025-01-01
2025-12-31
0000842180
bbva:RalGalambaDeOliveiraMember
bbva:AuditAndComplianceCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:RalGalambaDeOliveiraMember
bbva:RiskCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:RalGalambaDeOliveiraMember
bbva:RemunerationCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:RalGalambaDeOliveiraMember
bbva:AppointmentsCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:RalGalambaDeOliveiraMember
bbva:TechnologyAndCybersecurityCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:RalGalambaDeOliveiraMember
bbva:OtherPositionsMember
2025-01-01
2025-12-31
0000842180
bbva:RalGalambaDeOliveiraMember
2025-01-01
2025-12-31
0000842180
bbva:RalGalambaDeOliveiraMember
2024-01-01
2024-12-31
0000842180
bbva:BelnGarijoLpezMember
srt:BoardOfDirectorsChairmanMember
2025-01-01
2025-12-31
0000842180
bbva:BelnGarijoLpezMember
bbva:ExecutiveCommitteeMembersMember
2025-01-01
2025-12-31
0000842180
bbva:BelnGarijoLpezMember
bbva:AuditAndComplianceCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:BelnGarijoLpezMember
bbva:RiskCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:BelnGarijoLpezMember
bbva:RemunerationCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:BelnGarijoLpezMember
bbva:AppointmentsCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:BelnGarijoLpezMember
bbva:TechnologyAndCybersecurityCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:BelnGarijoLpezMember
bbva:OtherPositionsMember
2025-01-01
2025-12-31
0000842180
bbva:BelnGarijoLpezMember
2025-01-01
2025-12-31
0000842180
bbva:BelnGarijoLpezMember
2024-01-01
2024-12-31
0000842180
bbva:ConnieHedegaardMember
srt:BoardOfDirectorsChairmanMember
2025-01-01
2025-12-31
0000842180
bbva:ConnieHedegaardMember
bbva:ExecutiveCommitteeMembersMember
2025-01-01
2025-12-31
0000842180
bbva:ConnieHedegaardMember
bbva:AuditAndComplianceCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:ConnieHedegaardMember
bbva:RiskCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:ConnieHedegaardMember
bbva:RemunerationCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:ConnieHedegaardMember
bbva:AppointmentsCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:ConnieHedegaardMember
bbva:TechnologyAndCybersecurityCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:ConnieHedegaardMember
bbva:OtherPositionsMember
2025-01-01
2025-12-31
0000842180
bbva:ConnieHedegaardMember
2025-01-01
2025-12-31
0000842180
bbva:ConnieHedegaardMember
2024-01-01
2024-12-31
0000842180
bbva:LourdesMaizCarroMember
srt:BoardOfDirectorsChairmanMember
2025-01-01
2025-12-31
0000842180
bbva:LourdesMaizCarroMember
bbva:ExecutiveCommitteeMembersMember
2025-01-01
2025-12-31
0000842180
bbva:LourdesMaizCarroMember
bbva:AuditAndComplianceCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:LourdesMaizCarroMember
bbva:RiskCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:LourdesMaizCarroMember
bbva:RemunerationCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:LourdesMaizCarroMember
bbva:AppointmentsCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:LourdesMaizCarroMember
bbva:TechnologyAndCybersecurityCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:LourdesMaizCarroMember
bbva:OtherPositionsMember
2025-01-01
2025-12-31
0000842180
bbva:LourdesMaizCarroMember
2025-01-01
2025-12-31
0000842180
bbva:LourdesMaizCarroMember
2024-01-01
2024-12-31
0000842180
bbva:CristinaDePariasHalconMember
srt:BoardOfDirectorsChairmanMember
2025-01-01
2025-12-31
0000842180
bbva:CristinaDePariasHalconMember
bbva:ExecutiveCommitteeMembersMember
2025-01-01
2025-12-31
0000842180
bbva:CristinaDePariasHalconMember
bbva:AuditAndComplianceCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:CristinaDePariasHalconMember
bbva:RiskCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:CristinaDePariasHalconMember
bbva:RemunerationCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:CristinaDePariasHalconMember
bbva:AppointmentsCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:CristinaDePariasHalconMember
bbva:TechnologyAndCybersecurityCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:CristinaDePariasHalconMember
bbva:OtherPositionsMember
2025-01-01
2025-12-31
0000842180
bbva:CristinaDePariasHalconMember
2025-01-01
2025-12-31
0000842180
bbva:CristinaDePariasHalconMember
2024-01-01
2024-12-31
0000842180
bbva:AnaPeraltaMorenoMember
srt:BoardOfDirectorsChairmanMember
2025-01-01
2025-12-31
0000842180
bbva:AnaPeraltaMorenoMember
bbva:ExecutiveCommitteeMembersMember
2025-01-01
2025-12-31
0000842180
bbva:AnaPeraltaMorenoMember
bbva:AuditAndComplianceCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:AnaPeraltaMorenoMember
bbva:RiskCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:AnaPeraltaMorenoMember
bbva:RemunerationCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:AnaPeraltaMorenoMember
bbva:AppointmentsCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:AnaPeraltaMorenoMember
bbva:TechnologyAndCybersecurityCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:AnaPeraltaMorenoMember
bbva:OtherPositionsMember
2025-01-01
2025-12-31
0000842180
bbva:AnaPeraltaMorenoMember
2025-01-01
2025-12-31
0000842180
bbva:AnaPeraltaMorenoMember
2024-01-01
2024-12-31
0000842180
bbva:AnaRevengaShanklinMember
srt:BoardOfDirectorsChairmanMember
2025-01-01
2025-12-31
0000842180
bbva:AnaRevengaShanklinMember
bbva:ExecutiveCommitteeMembersMember
2025-01-01
2025-12-31
0000842180
bbva:AnaRevengaShanklinMember
bbva:AuditAndComplianceCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:AnaRevengaShanklinMember
bbva:RiskCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:AnaRevengaShanklinMember
bbva:RemunerationCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:AnaRevengaShanklinMember
bbva:AppointmentsCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:AnaRevengaShanklinMember
bbva:TechnologyAndCybersecurityCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:AnaRevengaShanklinMember
bbva:OtherPositionsMember
2025-01-01
2025-12-31
0000842180
bbva:AnaRevengaShanklinMember
2025-01-01
2025-12-31
0000842180
bbva:AnaRevengaShanklinMember
2024-01-01
2024-12-31
0000842180
bbva:CarlosSalazarLomelnMember
srt:BoardOfDirectorsChairmanMember
2025-01-01
2025-12-31
0000842180
bbva:CarlosSalazarLomelnMember
bbva:ExecutiveCommitteeMembersMember
2025-01-01
2025-12-31
0000842180
bbva:CarlosSalazarLomelnMember
bbva:AuditAndComplianceCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:CarlosSalazarLomelnMember
bbva:RiskCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:CarlosSalazarLomelnMember
bbva:RemunerationCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:CarlosSalazarLomelnMember
bbva:AppointmentsCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:CarlosSalazarLomelnMember
bbva:TechnologyAndCybersecurityCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:CarlosSalazarLomelnMember
bbva:OtherPositionsMember
2025-01-01
2025-12-31
0000842180
bbva:CarlosSalazarLomelnMember
2025-01-01
2025-12-31
0000842180
bbva:CarlosSalazarLomelnMember
2024-01-01
2024-12-31
0000842180
bbva:JanVerplanckeMember
srt:BoardOfDirectorsChairmanMember
2025-01-01
2025-12-31
0000842180
bbva:JanVerplanckeMember
bbva:ExecutiveCommitteeMembersMember
2025-01-01
2025-12-31
0000842180
bbva:JanVerplanckeMember
bbva:AuditAndComplianceCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:JanVerplanckeMember
bbva:RiskCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:JanVerplanckeMember
bbva:RemunerationCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:JanVerplanckeMember
bbva:AppointmentsCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:JanVerplanckeMember
bbva:TechnologyAndCybersecurityCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:JanVerplanckeMember
bbva:OtherPositionsMember
2025-01-01
2025-12-31
0000842180
bbva:JanVerplanckeMember
2025-01-01
2025-12-31
0000842180
bbva:JanVerplanckeMember
2024-01-01
2024-12-31
0000842180
srt:BoardOfDirectorsChairmanMember
2025-01-01
2025-12-31
0000842180
bbva:ExecutiveCommitteeMembersMember
2025-01-01
2025-12-31
0000842180
bbva:AuditAndComplianceCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:RiskCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:RemunerationCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:AppointmentsCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:TechnologyAndCybersecurityCommitteeMember
2025-01-01
2025-12-31
0000842180
bbva:OtherPositionsMember
2025-01-01
2025-12-31
0000842180
bbva:JosMiguelAndrsTorrecillasMember
2025-12-31
0000842180
bbva:JosMiguelAndrsTorrecillasMember
2024-12-31
0000842180
bbva:JaimeCaruanaLacorteMember
2025-12-31
0000842180
bbva:JaimeCaruanaLacorteMember
2024-12-31
0000842180
bbva:EnriqueCasanuevaNardizMember
2025-12-31
0000842180
bbva:EnriqueCasanuevaNardizMember
2024-12-31
0000842180
bbva:SoniaDulaMember
2025-12-31
0000842180
bbva:SoniaDulaMember
2024-12-31
0000842180
bbva:RalGalambaDeOliveiraMember
2025-12-31
0000842180
bbva:RalGalambaDeOliveiraMember
2024-12-31
0000842180
bbva:BelnGarijoLpezMember
2025-12-31
0000842180
bbva:BelnGarijoLpezMember
2024-12-31
0000842180
bbva:ConnieHedegaardMember
2025-12-31
0000842180
bbva:ConnieHedegaardMember
2024-12-31
0000842180
bbva:LourdesMaizCarroMember
2025-12-31
0000842180
bbva:LourdesMaizCarroMember
2024-12-31
0000842180
bbva:CristinaDePariasHalconMember
2025-12-31
0000842180
bbva:CristinaDePariasHalconMember
2024-12-31
0000842180
bbva:AnaPeraltaMorenoMember
2025-12-31
0000842180
bbva:AnaPeraltaMorenoMember
2024-12-31
0000842180
bbva:AnaRevengaShanklinMember
2025-12-31
0000842180
bbva:AnaRevengaShanklinMember
2024-12-31
0000842180
bbva:CarlosSalazarLomelnMember
2025-12-31
0000842180
bbva:CarlosSalazarLomelnMember
2024-12-31
0000842180
bbva:JanVerplanckeMember
2025-12-31
0000842180
bbva:JanVerplanckeMember
2024-12-31
0000842180
srt:BoardOfDirectorsChairmanMember
2025-12-31
0000842180
srt:BoardOfDirectorsChairmanMember
2024-12-31
0000842180
srt:ChiefExecutiveOfficerMember
2025-12-31
0000842180
srt:ChiefExecutiveOfficerMember
2024-12-31
0000842180
srt:BoardOfDirectorsChairmanMember
2025-12-31
0000842180
srt:BoardOfDirectorsChairmanMember
2024-12-31
0000842180
srt:ChiefExecutiveOfficerMember
2025-12-31
0000842180
srt:ChiefExecutiveOfficerMember
2024-12-31
0000842180
bbva:A2024Member
srt:BoardOfDirectorsChairmanMember
2025-12-31
0000842180
bbva:A2024Member
srt:BoardOfDirectorsChairmanMember
2024-12-31
0000842180
bbva:A2023Member
srt:BoardOfDirectorsChairmanMember
2025-12-31
0000842180
bbva:A2023Member
srt:BoardOfDirectorsChairmanMember
2024-12-31
0000842180
bbva:A2022Member
srt:BoardOfDirectorsChairmanMember
2025-12-31
0000842180
bbva:A2022Member
srt:BoardOfDirectorsChairmanMember
2024-12-31
0000842180
bbva:A2021Member
srt:BoardOfDirectorsChairmanMember
2025-12-31
0000842180
bbva:A2021Member
srt:BoardOfDirectorsChairmanMember
2024-12-31
0000842180
bbva:A2020Member
srt:BoardOfDirectorsChairmanMember
2025-12-31
0000842180
bbva:A2020Member
srt:BoardOfDirectorsChairmanMember
2024-12-31
0000842180
bbva:A2019Member
srt:BoardOfDirectorsChairmanMember
2025-12-31
0000842180
bbva:A2019Member
srt:BoardOfDirectorsChairmanMember
2024-12-31
0000842180
srt:BoardOfDirectorsChairmanMember
2025-12-31
0000842180
srt:BoardOfDirectorsChairmanMember
2024-12-31
0000842180
bbva:A2024Member
srt:ChiefExecutiveOfficerMember
2025-12-31
0000842180
bbva:A2024Member
srt:ChiefExecutiveOfficerMember
2024-12-31
0000842180
bbva:A2023Member
srt:ChiefExecutiveOfficerMember
2025-12-31
0000842180
bbva:A2023Member
srt:ChiefExecutiveOfficerMember
2024-12-31
0000842180
bbva:A2022Member
srt:ChiefExecutiveOfficerMember
2025-12-31
0000842180
bbva:A2022Member
srt:ChiefExecutiveOfficerMember
2024-12-31
0000842180
bbva:A2021Member
srt:ChiefExecutiveOfficerMember
2025-12-31
0000842180
bbva:A2021Member
srt:ChiefExecutiveOfficerMember
2024-12-31
0000842180
bbva:A2020Member
srt:ChiefExecutiveOfficerMember
2025-12-31
0000842180
bbva:A2020Member
srt:ChiefExecutiveOfficerMember
2024-12-31
0000842180
bbva:A2019Member
srt:ChiefExecutiveOfficerMember
2025-12-31
0000842180
bbva:A2019Member
srt:ChiefExecutiveOfficerMember
2024-12-31
0000842180
srt:ChiefExecutiveOfficerMember
2025-12-31
0000842180
srt:ChiefExecutiveOfficerMember
2024-12-31
0000842180
srt:BoardOfDirectorsChairmanMember
2025-12-31
0000842180
srt:BoardOfDirectorsChairmanMember
2024-12-31
0000842180
srt:ChiefExecutiveOfficerMember
2025-12-31
0000842180
srt:ChiefExecutiveOfficerMember
2024-12-31
0000842180
bbva:SeniorManagementMember
2025-12-31
0000842180
bbva:SeniorManagementMember
2024-12-31
0000842180
bbva:A2024Member
bbva:SeniorManagementMember
2025-12-31
0000842180
bbva:A2024Member
bbva:SeniorManagementMember
2024-12-31
0000842180
bbva:A2023Member
bbva:SeniorManagementMember
2025-12-31
0000842180
bbva:A2023Member
bbva:SeniorManagementMember
2024-12-31
0000842180
bbva:A2022Member
bbva:SeniorManagementMember
2025-12-31
0000842180
bbva:A2022Member
bbva:SeniorManagementMember
2024-12-31
0000842180
bbva:A2021Member
bbva:SeniorManagementMember
2025-12-31
0000842180
bbva:A2021Member
bbva:SeniorManagementMember
2024-12-31
0000842180
bbva:A2020Member
bbva:SeniorManagementMember
2025-12-31
0000842180
bbva:A2020Member
bbva:SeniorManagementMember
2024-12-31
0000842180
bbva:A2019Member
bbva:SeniorManagementMember
2025-12-31
0000842180
bbva:A2019Member
bbva:SeniorManagementMember
2024-12-31
0000842180
bbva:SeniorManagementMember
2025-12-31
0000842180
bbva:SeniorManagementMember
2024-12-31
shares
iso4217:EUR
pure
iso4217:EUR
shares
utr:Rate
bbva:vegas
false
0000842180
FY
20-F
false
true
2025-12-31
--12-31
2025
false
false
1-10110
BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
U3
Calle Azul, 4
28050
Madrid
ES
Luisa Gómez Bravo
Calle Azul, 4
28050
Madrid
ES
+34 91
537 7000
American Depositary Shares, each representing the right to receive one ordinary share, par value €0.49 per share
BBVA
NYSE
Ordinary shares, par value €0.49 per share
true
NYSE
6.138% Fixed Rate Senior Non-Preferred Notes due 2028
BBVA28
NYSE
5.381% Fixed Rate Senior Preferred Notes due 2029
BBVA29
NYSE
Tier 2 Subordinated Callable Fixed-to-Fixed Rate Notes due 2034
BBVA34
NYSE
Senior Non-Preferred Callable Fixed-to-Fixed Rate Notes due 2035
BBVA35
NYSE
Series 12 Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities
BBVAP1
NYSE
Series 14 Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities
BBVAP2
NYSE
15(d)
5708968700
Yes
No
Yes
Yes
Large Accelerated Filer
false
true
false
International Financial Reporting Standards
false
261536000000
100699000000
55756000000
1104820000000
972990000000
904889000000
0.0615
Ernst & Young, S.L.
Madrid, Spain
1461
true
<div style="margin-bottom:10pt;margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">At BBVA, cybersecurity risk management is an integral part of our overall enterprise risk management program. Our cybersecurity risk management program provides a framework for handling cybersecurity threats and incidents, including threats and incidents associated with the use of services provided by third-party service providers, and is designed to facilitate coordination across different departments of the Group in the handling of such cybersecurity threats and incidents. This framework includes steps for assessing the severity of a cybersecurity threat, identifying the source of a cybersecurity threat, including whether the cybersecurity threat is associated with a third-party service provider, implementing cybersecurity countermeasures and mitigation strategies and, as later explained in greater detail, informing management and our Board of Directors of material cybersecurity threats and incidents. Our cybersecurity risk management program is regularly updated to align with industry best practices established by internationally accepted security standards and its effectiveness in mitigating the risks that the Group is exposed to is periodically assessed.</span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">For BBVA, cybersecurity is not only a strategic priority, but also one of the main elements in the digital transformation of the Bank. BBVA’s Corporate Security Area is responsible for ensuring adequate information security management by establishing security policies, procedures and controls that bolster the security of the Group’s global infrastructures, digital channels and payment methods following a holistic and threat intelligence-led approach, where a program has been designed for each of the four fundamental pillars of BBVA’s security strategy: cybersecurity, data protection, physical security and security in business processes and fraud management, with the aim to reduce the risks identified in the risk taxonomy defined by the Group. </span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">As cyberattacks evolve and become more sophisticated, the Group has strengthened its prevention and monitorization efforts. During the past few years, cybersecurity and information security measures have been reinforced with the aim to ensure an adequate protection of BBVA’s information and the assets supporting business processes. Security measures adopted in the past few years include measures intended to: (i) ensure end-to-end protection of business processes, considering logical and physical security, privacy and fraud management concerns, (ii) ensure compliance with the security and privacy by design principles; and (iii) improve client access control and authentication services related to online services, from a security and user experience perspective, including by enhancing the use of facial biometrics, behavioral biometrics, advanced analytics models and the implementation of dynamic Card Verification Values (CVV).</span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Further, system monitoring capabilities, as well as incident prevention, detection and response capabilities have also been strengthened through the use of integrated information sources, improved analytical capabilities and automated platforms, improving information security management from a preventive and proactive approach. </span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Additionally, and with the aim to ensure that security is embedded in business processes, the security management model has been reinforced in the software development lifecycle process and in infrastructure, architecture and operations management.</span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">The Global Computer Emergency Response Team (“</span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">CERT</span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">”) is the Group’s first line of detection and response to cyberattacks aimed at global users and the Group’s infrastructure. The Global CERT, which is based in Madrid, operates 24x7 and provides services in all countries where the Group operates, with operation lines dedicated to fraud and cybersecurity. The Global CERT receives information on cybersecurity threats from our Threat Intelligence Unit. Both of them are part of the Corporate Security Area.</span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">BBVA routinely reviews, reinforces and tests its security processes and procedures through simulation exercises in the areas of physical security and digital security. Specialized teams periodically perform security technical tests in order to detect and correct possible security vulnerabilities. These tests include technical tests of technological platforms as well as malicious users’ simulated attacks performed by the “red team”. The outcome of such exercises is a fundamental part of a feedback process designed to improve the Group’s cybersecurity strategies. Both the Corporate Security Area and the Risk Control Area engage third-party security experts for risk assessments and system enhancements. </span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">BBVA continues to work on the development of new artificial-intelligence and machine-learning models that enable the prediction and prevention of cyberattacks on financial infrastructure, providing a more secure client experience. BBVA’s Threat Intelligence Area has been reinforced in 2024 and 2025, adopting measures directed at transforming detailed technical information into actionable intelligence information that can be used to make decisions related to risk management. The Threat Intelligence Area continuously monitors threats that affect the financial sector and analyses risk trends with the aim to implement measures to minimize the risks the Group is exposed to. Analysis performed includes not only security trends but also the type, frequency and origin of attacks on systems and information.</span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">In addition, BBVA continuously carries out training and awareness initiatives related to security and privacy, promoting training and awareness campaigns for BBVA’s employees, clients and society, through the BBVA app, online channels and social networks. Some of the topics covered include protection of personal information, secure password management, device protection (laptops, smartphones, etc.), social engineering (phishing, smishing, vishing), malware and other technical attacks detection, detection of scams, security on online purchases and how to react if there is a security incident. </span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">BBVA’s cybersecurity strategy is based on internationally accepted security standards. It covers best practices established in information-security standards and guidelines including ISO/IEC 27002 and other ISO/IEC 27000 series standards, COBIT 5 and the NIST Cybersecurity Framework.</span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">BBVA has also obtained several security certifications (such as Tier IV and ISAE 3402 certifications) in different countries. To maintain these certifications, periodic external audits are performed, considering the specific requirements of each certification. The external auditors that perform these audits are selected from among the most recognized audit firms in the areas of each certification.</span></div>Considering that one of the main risks companies face today are risks related to third parties, BBVA reinforced its controls to ensure an adequate protection of information by BBVA’s service providers in 2025. BBVA requires that service providers contracted by any Group company have internationally accepted security certifications. Security clauses are also included in contracts with service providers, including obligations to comply with specific security measures and all applicable legal and regulatory requirements. The third parties risk management model has been reinforced during 2024 and 2025 to comply with the requirements of new regulations entering into force, such as the Digital Operational Resilience Act (DORA)
true
true
true
In 2025, we did not identify any cybersecurity threats that materially affected or are reasonably likely to materially affect our business strategy, results of operations or financial condition. However, despite our efforts, we cannot eliminate all risks from cybersecurity threats, or provide assurances that we have not experienced an undetected cybersecurity incident.
false
<span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Our Board of Directors has overall oversight responsibility for our risk management, and is assisted by the Board’s Technology and Cybersecurity Committee in the oversight of technological risk and cybersecurity management and in monitoring the Group’s technological and cybersecurity strategies. This Committee, which meets every two months, is one of the main elements of our risk management governance model. It is responsible for the oversight of the Group’s technological and cybersecurity strategies and is informed by the Chief Security Officer (“</span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">CSO</span>”) of technological and cybersecurity performance and of any incidents that have arisen. The Committee keeps the Board of Directors informed of the main technological and cybersecurity risks to which the Group is exposed, as well as current cybersecurity and technological trends and any relevant security event that can affect the BBVA Group.
<span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Our Board of Directors has overall oversight responsibility for our risk management, and is assisted by the Board’s Technology and Cybersecurity Committee in the oversight of technological risk and cybersecurity management and in monitoring the Group’s technological and cybersecurity strategies. This Committee, which meets every two months, is one of the main elements of our risk management governance model. It is responsible for the oversight of the Group’s technological and cybersecurity strategies and is informed by the Chief Security Officer (“</span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">CSO</span>”) of technological and cybersecurity performance and of any incidents that have arisen. The Committee keeps the Board of Directors informed of the main technological and cybersecurity risks to which the Group is exposed, as well as current cybersecurity and technological trends and any relevant security event that can affect the BBVA Group.
Our Board of Directors has overall oversight responsibility for our risk management, and is assisted by the Board’s Technology and Cybersecurity Committee in the oversight of technological risk and cybersecurity management and in monitoring the Group’s technological and cybersecurity strategies.
Our Board of Directors has overall oversight responsibility for our risk management
true
true
<div style="margin-bottom:10pt;margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">The risk management process includes lines of action related to the adequate training of BBVA’s Board members in the area of cybersecurity and incident management, as well as the periodic performance of global and local simulation exercises in order to raise the level of training and awareness of the Board of Directors and certain key personnel and ensure an immediate and effective response in case of a security breach. </span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Further, BBVA’s Corporate Security Area and the Risk Control Area, based in Madrid, are responsible for identifying and assessing material cybersecurity risks on an ongoing basis, establishing processes to ensure that such potential cybersecurity risk exposures are monitored, putting in place appropriate mitigation measures and maintaining cybersecurity programs. Our cybersecurity programs are under the direction of our CSO, who receives reports from our cybersecurity team (which is part of the Corporate Security Area) and monitors the prevention, detection, mitigation, and remediation of cybersecurity incidents. Both the Corporate Security Area and the Risk Control Area engage third-party security experts for risk assessments and system enhancements.</span></div>
<div style="margin-bottom:10pt;margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Our CSO and certain of the personnel of the Corporate Security Area have obtained internationally recognized certifications such as ISACA, Certified Information Systems Auditor (CISA), Certified Information Security Manager (CISM), Certified in Risk and Information Systems Control (CRISC), Certified Data Privacy Solutions Engineer (CDPSE), SANS Institute Certifications (GIAC Security Essentials, GIAC Certified Incident Handler Certification, GIAC Strategic Planning Policy and Leadership), Certified Information Systems Security Professional (CISSP) and ISO Certifications (ISO 27001 Lead Auditor), among others, and consist of experienced information systems security professionals and information security managers with the experience and capabilities required for their security functions. The CSO regularly reports to BBVA’s Internal Control & Operational Risk Committee on the Group’s cybersecurity programs, material cybersecurity risks and mitigation strategies and provide cybersecurity reports to them every two months that cover, among other topics, third-party assessments of the Group’s cybersecurity programs, developments in cybersecurity and updates to the Group’s cybersecurity programs and mitigation strategies.</span></div>
58837000000
51145000000
75416000000
123185000000
108948000000
141042000000
32551000000
36003000000
34293000000
9901000000
6760000000
4589000000
30846000000
27955000000
28569000000
620000000
556000000
2809000000
17985000000
20938000000
56599000000
31282000000
16736000000
14182000000
11272000000
10546000000
8737000000
10539000000
9782000000
7963000000
192000000
407000000
484000000
541000000
358000000
290000000
1006000000
836000000
955000000
1006000000
836000000
955000000
58809000000
59002000000
62205000000
1360000000
1451000000
1217000000
57001000000
57526000000
60963000000
448000000
25000000
26000000
568893000000
502400000000
451732000000
73379000000
59014000000
49462000000
10869000000
8255000000
7151000000
24244000000
22655000000
17477000000
460401000000
412477000000
377643000000
570000000
1158000000
1482000000
-87000000
-65000000
-97000000
994000000
989000000
976000000
111000000
94000000
93000000
883000000
895000000
883000000
198000000
191000000
211000000
9482000000
9759000000
9253000000
9247000000
9506000000
9046000000
8367000000
8501000000
8295000000
879000000
1004000000
751000000
235000000
253000000
207000000
2856000000
2490000000
2363000000
715000000
700000000
795000000
2140000000
1790000000
1568000000
17867000000
18650000000
17501000000
3998000000
4295000000
2860000000
13869000000
14354000000
14641000000
4985000000
5525000000
2859000000
0
0
0
1307000000
1299000000
276000000
3678000000
4226000000
2583000000
709000000
828000000
923000000
859576000000
772402000000
775558000000
91917000000
86591000000
121715000000
30345000000
33059000000
33045000000
13100000000
13878000000
15735000000
3653000000
3360000000
6397000000
18138000000
16285000000
43337000000
26681000000
20010000000
23201000000
18417000000
14952000000
13299000000
0
0
0
0
0
0
897000000
934000000
717000000
5997000000
4597000000
3977000000
11524000000
9420000000
8605000000
0
0
0
658599000000
584339000000
557589000000
17226000000
14668000000
20309000000
36771000000
34406000000
40039000000
502501000000
447646000000
413487000000
81842000000
69867000000
68707000000
20258000000
17753000000
15046000000
21053000000
19612000000
15867000000
1933000000
2503000000
2625000000
0
0
0
12760000000
10981000000
12110000000
4422000000
4619000000
4924000000
2267000000
2348000000
2571000000
332000000
384000000
435000000
805000000
791000000
696000000
725000000
667000000
770000000
293000000
429000000
452000000
4020000000
3033000000
2554000000
1480000000
575000000
878000000
2540000000
2458000000
1677000000
5709000000
5370000000
5477000000
0
0
0
797778000000
712388000000
720293000000
76228000000
72875000000
67955000000
2797000000
2824000000
2861000000
2797000000
2824000000
2861000000
0
0
0
18469000000
19184000000
19769000000
0
0
0
40000000
40000000
40000000
46346000000
40693000000
36237000000
0
0
0
203000000
1814000000
2015000000
-228000000
-227000000
-237000000
431000000
2041000000
2252000000
299000000
66000000
34000000
10511000000
10054000000
8019000000
-1840000000
-1668000000
-951000000
-18871000000
-17220000000
-16254000000
-2505000000
-1988000000
-2105000000
-1396000000
-1067000000
-1049000000
0
0
0
0
0
0
-983000000
-905000000
-1112000000
0
0
0
-127000000
-17000000
55000000
-16366000000
-15232000000
-14148000000
-3117000000
-2329000000
-2498000000
-13340000000
-12702000000
-11419000000
311000000
370000000
133000000
-209000000
-576000000
-357000000
-4000000
0
0
0
0
0
-7000000
5000000
-8000000
4441000000
4359000000
3564000000
-3059000000
-2730000000
-3321000000
7500000000
7089000000
6885000000
61798000000
60014000000
55265000000
859576000000
772402000000
775558000000
227554000000
188515000000
152868000000
24865000000
22503000000
18839000000
60159000000
51215000000
42577000000
58345000000
61659000000
47850000000
52816000000
55224000000
42141000000
5530000000
6435000000
5709000000
32065000000
36392000000
24761000000
26280000000
25267000000
23089000000
123000000
120000000
118000000
62000000
40000000
26000000
13743000000
13036000000
9899000000
5528000000
5048000000
3611000000
423000000
327000000
76000000
24000000
20000000
41000000
398000000
307000000
35000000
2255000000
2458000000
1352000000
0
0
0
0
0
0
2255000000
2458000000
1352000000
236000000
179000000
337000000
0
0
0
0
0
0
236000000
179000000
337000000
28000000
249000000
96000000
-1000000
5000000
-17000000
-285000000
695000000
339000000
688000000
623000000
619000000
2614000000
3951000000
4042000000
3890000000
3720000000
3081000000
2370000000
2238000000
1821000000
36931000000
35481000000
29542000000
12811000000
12660000000
10905000000
7773000000
7659000000
6530000000
5038000000
5001000000
4375000000
1521000000
1533000000
1403000000
373000000
198000000
373000000
6073000000
5745000000
4428000000
-6101000000
-5687000000
-4386000000
-28000000
58000000
42000000
16153000000
15345000000
12432000000
32000000
63000000
-9000000
13000000
-1000000
54000000
5000000
29000000
-16000000
14000000
15000000
26000000
3000000
13000000
12000000
36000000
14000000
28000000
0
0
0
18000000
-17000000
22000000
16227000000
15405000000
12419000000
5100000000
4830000000
4003000000
11126000000
10575000000
8416000000
0
0
0
11126000000
10575000000
8416000000
-615000000
-521000000
-397000000
10511000000
10054000000
8019000000
1.76
1.68
1.29
1.76
1.68
1.29
1.76
1.68
1.29
0
0
0
0
0
0
11126000000
10575000000
8416000000
-1981000000
-414000000
1175000000
-514000000
79000000
-223000000
-379000000
-78000000
-358000000
0
0
0
0
0
0
-70000000
236000000
100000000
0
0
0
-157000000
-102000000
-24000000
-92000000
-23000000
-59000000
-1466000000
-493000000
1398000000
-779000000
169000000
-1095000000
-779000000
169000000
-1095000000
0
0
0
0
0
0
-966000000
-646000000
1379000000
-966000000
-646000000
1378000000
0
0
-1000000
0
0
0
-82000000
331000000
832000000
-82000000
331000000
832000000
0
0
0
0
0
0
0
0
0
-6000000
0
0
-6000000
0
0
0
0
0
0
0
0
535000000
-398000000
752000000
925000000
-217000000
757000000
390000000
181000000
5000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-14000000
16000000
12000000
155000000
-36000000
482000000
9146000000
10161000000
9591000000
285000000
1108000000
184000000
8860000000
9053000000
9407000000
2824000000
19184000000
0
40000000
40693000000
0
1814000000
-66000000
10054000000
-1668000000
-17220000000
-2730000000
7089000000
60014000000
0
0
0
0
0
0
0
0
10511000000
0
-1651000000
-330000000
615000000
9146000000
-27000000
-715000000
0
1000000
5653000000
0
-1611000000
-234000000
-10054000000
-171000000
-1000000
1000000
-204000000
-7362000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
27000000
715000000
0
0
-21000000
0
273000000
-993000000
0
0
0
0
0
0
0
0
0
0
2357000000
0
0
0
0
1840000000
0
0
254000000
4450000000
0
0
0
0
0
0
0
1995000000
0
0
0
0
0
1995000000
0
0
0
0
0
0
26000000
768000000
0
0
0
0
0
794000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9000000
8386000000
0
-9000000
0
-10054000000
1668000000
-1000000
1000000
-1000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-26000000
0
0
0
0
0
0
0
0
0
-26000000
0
0
0
18000000
-398000000
0
-1355000000
0
0
0
0
0
51000000
-1685000000
2797000000
18469000000
0
40000000
46346000000
0
203000000
-299000000
10511000000
-1840000000
-18871000000
-3059000000
7500000000
61798000000
2861000000
19769000000
0
40000000
36237000000
0
2015000000
-34000000
8019000000
-951000000
-16254000000
-3321000000
6885000000
55265000000
0
0
0
0
0
0
0
0
10054000000
0
-1001000000
587000000
521000000
10161000000
-37000000
-585000000
0
-1000000
4457000000
0
-201000000
-32000000
-8019000000
-717000000
35000000
4000000
-317000000
-5413000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
37000000
585000000
0
0
-29000000
0
189000000
-781000000
0
0
0
0
0
0
0
0
0
0
2245000000
0
0
0
0
1668000000
0
0
345000000
4258000000
0
0
0
0
0
0
0
1528000000
0
0
0
0
0
1528000000
0
0
0
0
0
0
10000000
716000000
0
0
0
0
0
725000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9000000
7059000000
0
-38000000
0
-8019000000
951000000
35000000
4000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-26000000
0
0
0
0
0
0
0
0
0
-26000000
0
0
0
16000000
-386000000
0
16000000
0
0
0
0
0
28000000
-326000000
2824000000
19184000000
0
40000000
40693000000
0
1814000000
-66000000
10054000000
-1668000000
-17220000000
-2730000000
7089000000
60014000000
2955000000
20856000000
0
63000000
32536000000
0
2345000000
-29000000
6420000000
-722000000
-17432000000
-3112000000
6736000000
50615000000
0
0
0
0
175000000
0
0
0
-62000000
0
-210000000
4000000
-4000000
-98000000
2955000000
20856000000
0
63000000
32711000000
0
2345000000
-29000000
6358000000
-722000000
-17642000000
-3109000000
6732000000
50517000000
0
0
0
0
0
0
0
0
8019000000
0
1388000000
-213000000
397000000
9591000000
-94000000
-1087000000
0
-22000000
3526000000
0
-331000000
-5000000
-6358000000
-228000000
0
1000000
-244000000
-4842000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
94000000
1087000000
0
0
-75000000
0
316000000
-1422000000
0
0
0
0
0
0
0
0
0
0
1857000000
0
0
0
0
951000000
0
0
263000000
3071000000
0
0
0
0
0
0
0
2166000000
0
0
0
0
0
2166000000
0
0
0
0
0
0
1000000
739000000
0
0
0
0
0
741000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2000000
5651000000
0
-17000000
0
-6358000000
722000000
0
1000000
-1000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-41000000
0
0
0
0
0
0
0
0
0
-41000000
0
0
0
17000000
-344000000
0
2000000
0
0
0
0
0
20000000
-305000000
2861000000
19769000000
0
40000000
36237000000
0
2015000000
-34000000
8019000000
-951000000
-16254000000
-3321000000
6885000000
55265000000
14968000000
-18190000000
-721000000
1540000000
2593000000
1884000000
11126000000
10575000000
8416000000
14376000000
14817000000
12150000000
1521000000
1533000000
1403000000
12855000000
13283000000
10747000000
-102491000000
-54265000000
-77408000000
-13956000000
28452000000
-27884000000
-628000000
-2813000000
-1288000000
-187000000
119000000
-42000000
680000000
-1124000000
2512000000
-89072000000
-76759000000
-51182000000
672000000
-2140000000
476000000
-95286000000
-16314000000
-61473000000
5099000000
-32695000000
24435000000
3271000000
2647000000
2003000000
88266000000
45970000000
36127000000
-1350000000
392000000
-1092000000
3328000000
5631000000
5353000000
-1403000000
-1423000000
-1419000000
346000000
753000000
772000000
1807000000
2039000000
1912000000
827000000
1195000000
1129000000
979000000
816000000
690000000
1000000
1000000
93000000
0
28000000
0
0
0
0
0
0
0
404000000
617000000
492000000
83000000
104000000
92000000
0
0
0
83000000
32000000
58000000
50000000
73000000
21000000
188000000
408000000
321000000
0
0
0
-3673000000
-2567000000
-1842000000
0
0
0
9417000000
8773000000
7224000000
4196000000
3913000000
2808000000
2647000000
2599000000
1629000000
27000000
37000000
94000000
1968000000
1492000000
2072000000
580000000
732000000
622000000
5744000000
6205000000
5383000000
4987000000
5514000000
4672000000
0
0
0
757000000
691000000
711000000
0
0
0
-2201000000
-2091000000
-357000000
7692000000
-24271000000
-4339000000
51145000000
75416000000
79756000000
58837000000
51145000000
75416000000
8050000000
8636000000
7751000000
42856000000
35306000000
60750000000
7931000000
7202000000
6916000000
0
0
0
58837000000
51145000000
75416000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:24.45pt">Introduction, basis for the presentation of the Consolidated Financial Statements, Internal Control over Financial Reporting and other information </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:19.64pt">Introduction</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Banco Bilbao Vizcaya Argentaria, S.A. (hereinafter “the Bank”, "BBVA" or “BBVA, S.A.”), registered with the Company Register of Vizcaya, is a private-law entity subject to the laws and regulations governing banking entities operating in Spain. It carries out its activity through branches and agencies across the country and abroad.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Bylaws and other public information are available for inspection at the Bank’s registered address (Plaza San Nicolás 4, Bilbao) as noted on its web site (www.bbva.com). The Bank´s purpose is to carry out all kinds of activities, operations, acts, contracts and services within the banking business or directly or indirectly related to it, which are permitted or not prohibited by the provisions in force and supplementary activities. Its corporate purpose also includes the acquisition, possession, use and disposal of securities, public offering of acquisition and sale of securities, as well as all types of holdings in any entity or company.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition to the activities it carries out directly, the Bank heads a group of subsidiaries, joint ventures and associates which perform a wide range of activities and which together with the Bank constitute the Banco Bilbao Vizcaya Argentaria Group (hereinafter the “Group” or the “BBVA Group”). In addition to its own separate financial statements, the Bank is required to prepare Consolidated Financial Statements comprising all consolidated subsidiaries of the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, in addition to the Bank, the BBVA Group had 171 consolidated entities and 38 entities accounted for using the equity method (see Notes 3 and 16 and Appendices I to IV).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Consolidated Financial Statements of the BBVA Group for the year ended December 31, 2025, were authorized for issue on February 20, 2026.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:17.45pt">Basis for the presentation of the Consolidated Financial Statements</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group’s Consolidated Financial Statements are presented in compliance with IFRS-IASB (International Financial Reporting Standards as issued by the International Accounting Standards Board (hereinafter “IASB”)), as well as in accordance with the International Financial Reporting Standards endorsed by the European Union (EU-IFRS) applicable as of December 31, 2025, considering the Bank of Spain Circular 4/2017, as well as its successive amendments, and any other legislation governing financial reporting which was, as of the date of preparation of such consolidated financial statements, applicable, and with the format and mark-up requirements established in the EU Delegated Regulation 2019/815 of the European Commission.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group’s Consolidated Financial Statements for the year ended December 31, 2025 were prepared by the Group’s Directors (through the Board of Directors meeting held on February 9, 2026) by applying the principles of consolidation, accounting policies and valuation criteria described in Note 2, so that they present fairly the Group’s total consolidated equity and financial position as of December 31, 2025, together with the consolidated results of its operations and consolidated cash flows generated during the year ended December 31, 2025.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These Consolidated Financial Statements were prepared on the basis of the accounting records kept by the Bank and each of the other entities in the Group. Moreover, they include the adjustments and reclassifications required to harmonize the accounting policies and valuation criteria used by the Group (see Note 2.2).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">All effective accounting standards and valuation criteria with a significant effect on the Consolidated Financial Statements were applied in their preparation.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amounts reflected in the Consolidated Financial Statements are presented in millions of euros, unless it is more appropriate to use smaller units. Some items that appear without a balance in these Consolidated Financial Statements are due to how the units are expressed. Also, in presenting amounts in millions of euros, the accounting balances have been rounded up or down. It is therefore possible that the totals appearing in some tables are not the exact arithmetical sum of their component figures.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The percentage changes in amounts have been calculated using figures expressed in thousands of euros.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:17.36pt">Seasonal nature of income and expense</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The nature of the most significant activities carried out by the BBVA Group’s entities is mainly related to typical activities carried out by financial institutions, and are not significantly affected by seasonal factors within the same year.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:16.84pt">Responsibility for the information and for the estimates made</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The information contained in the BBVA Group’s Consolidated Financial Statements is the responsibility of the Group’s Directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Estimates were required to be made at times when preparing these Consolidated Financial Statements in order to calculate the recorded or disclosed amount of some assets, liabilities, income, expense and commitments. These estimates relate mainly to the following:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Loss allowances on certain financial assets (see Notes 7, 13, 14 and 16).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The assumptions used in the valuation of insurance and reinsurance contracts (see Note 23) to quantify certain provisions (see Note 24) and the actuarial calculation of post-employment benefit liabilities and commitments (see Note 25).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The useful life and impairment losses of tangible and intangible assets and impairment losses on non-current assets held for sale (see Notes 17, 18, and 21).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The valuation of goodwill and price allocation of business combinations (see Note 18).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The fair value of certain unlisted financial assets and liabilities (see Notes 7, 8, 10, 11, 12, 13 and 15).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The recoverability of deferred tax assets and the estimate of the corporate income tax (see Note 19).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a general matter, the BBVA Group is working to consider and incorporate into the models used for calculating relevant estimates how climate risk and other climate-related matters may affect the financial statements, cash flows, and the financial performance of the Group. These estimates and judgments are being considered when preparing the financial statements of the BBVA Group and, where relevant, they are mentioned in the corresponding Notes to the Consolidated Financial Statements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The prevailing geopolitical and economic uncertainties (see Note 7.1) entail a greater complexity in developing reliable estimations and applying judgment. Estimates have been made on the basis of the best available information on the matters analyzed as of December 31, 2025. However, it is possible that events may take place subsequent to such date, which could make it necessary to amend these estimations (upward or downward), which would be carried out prospectively, recognizing the effects of the change in estimation in the Consolidated Financial Statements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During 2025 there were no significant changes in the estimates made as of December 31, 2024 and 2023, other than those indicated in these Consolidated Financial Statements.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:17.52pt">BBVA Group’s Internal Control over Financial Reporting</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA Group’s consolidated financial statements are prepared under an Internal Control over Financial Reporting (hereinafter "ICFR") model. It provides reasonable assurance with respect to the reliability and the integrity of the consolidated financial statements. It is also aimed to support that the transactions are processed in accordance with the applicable laws and regulations.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The ICFR model is compliant with the control framework established in 2013 by the Committee of Sponsoring Organizations of the Treadway Commission (hereinafter "COSO"). The COSO 2013 framework sets out five components that constitute the basis of the effectiveness and efficiency of the internal control systems:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The establishment of an appropriate control framework.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The assessment of the risks that could arise during the preparation of the financial information.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The design of the necessary controls to mitigate the identified risks.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The establishment of an appropriate system of information to detect and report system weaknesses.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The monitoring over the controls to support correct performance and effectiveness over time.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The ICFR model is a dynamic model that continuously evolves over time to reflect the reality of the BBVA Group’s businesses and processes, as well as the risks that may arise and the controls that mitigate them. This control system is subject to a continuous evaluation coordinated by the internal financial control units located in the different entities of BBVA Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In order to ensure the necessary independence of the aforementioned internal financial control units, they are integrated within the Regulation & Internal Control area. This area, whose head reports to the Board of Directors through its Committees, defines and coordinates the entire internal control model of the Group, which is structured around three lines of defense with distinct and independent functions.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.249%"><tr><td style="width:1.0%"></td><td style="width:14.029%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.649%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:63.022%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Lines of Defense</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Responsible Areas</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Functions</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">First Line of Defense</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Executive areas, depending on the type of risk</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Executive areas, depending on the type of risk</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Manage and control the risks (financial and/or non-financial, as applicable) to which the Bank and any companies in its Group are exposed in the performance of their functions, including identification, measurement, monitoring, and reporting. This management and control will be carried out in accordance with the guidelines defined in external regulations and internal rules, and taking into account the challenge carried out by the areas that perform second and third line of defense functions, in their respective areas of responsibility.</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Second Line of Defense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Global Risk Management (GRM)</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"></span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Regulation & Internal Control (R&IC)</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Independently of the first line of defense, it must identify, measure, and monitor and report the Group's risks.</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Establish (or propose to the corporate bodies for approval) the management and control frameworks for financial and/or non-financial risks by all executive areas of the Bank within their respective areas of competence. </span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Challenge the way executive areas manage and/or control the risks assigned to them throughout their life cycle. </span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Carry out reviews of the management and control of risks within the Group.</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Third Line of Defense</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Internal Audit</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Carry out independent reviews on how the other executive areas perform their functions of the first and second lines of defense for the management and/or control of risks in the Group.</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Specifically, with regard to the process of preparing the Group’s financial statements, the Internal Financial Control (RCS Finance) area coordinates the various control units — first and second lines of defense — under a common and standardized methodology established at the corporate level, in accordance with the following framework:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><img alt="Captura de pantalla 2024-12-16 134144.jpg" id="i-11" src="bbva-20251231_g2.jpg" style="height:246px;margin-bottom:5pt;vertical-align:text-bottom;width:649px"/></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The ICFR model includes both the controls related to the financial information generation processes, as well as those of a broader scope, designed to improve the Group's general control environment (ELC or Entity Level Control). Both types of controls are assessed on a regular basis by the Control areas and by the Group's Internal Audit unit. The result of their evaluation is reported to the Audit Committee of the Bank’s Board of Directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group also complies with the requirements of the Sarbanes-Oxley Act ("SOX") for the preparation of the consolidated financial statements, as a company with securities registered with the U.S. Securities and Exchange Commission ("SEC").</span></div>
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:21.95pt">Principles of consolidation, accounting policies and measurement bases applied and recent IFRS pronouncements</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Glossary includes the definition of some of the financial and economic terms used in Note 2 and subsequent Notes of the Consolidated Financial Statements.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:17.45pt">Principles of consolidation</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In terms of its consolidation, the Financial Statements of the BBVA Group are comprised of four types of entities: subsidiaries, joint ventures, associates and structured entities, defined as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Subsidiaries</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Subsidiaries are entities controlled by the Group (for definition of control, see Glossary). </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Generally, there is a presumption that a majority of voting rights gives rise to control. When the Group holds less than the majority of the voting rights or similar rights in an entity, the Group considers all relevant facts and circumstances in assessing whether it has control over the entity, including: </span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">Contractual arrangements with other holders of voting rights.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">The rights arising from other contractual arrangements.</span></div><div style="margin-bottom:18pt;margin-top:6pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:12.18pt">The Group's voting rights and potential voting rights. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:35.43pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">There are certain entities that, although the Group holds less than 50% of the voting rights in them, are considered to be subsidiaries because the Group has the ability to exercise control over them (see Appendix I).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:35.43pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The financial statements of the subsidiaries are fully consolidated with those of the Bank through the full consolidation method, which consists of the aggregation of assets, liabilities and equity, income and expenses, of a similar nature, shown in their individual financial statements. Intragroup assets and liabilities, equity, income and expenses and cash flows related to intragroup transactions are eliminated in consolidation.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The share of non-controlling interests from subsidiaries in the Group’s consolidated total equity is presented under the heading “Minority interests (Non-controlling interests)” in the consolidated balance sheet. Their share in the profit or loss for the period or year is presented under the heading “Attributable to minority interests (non-controlling interests)” in the consolidated income statement (see Note 31).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Note 3 includes information related to the main subsidiaries in the Group as of December 31, 2025, 2024 and 2023. Appendix I includes other significant information on such entities.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Joint ventures</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Joint ventures are those entities for which there is a joint control arrangement with third parties other than the Group (for definitions of joint arrangement, joint control and joint venture, refer to Glossary). </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The investments in joint ventures are accounted for using the equity method (see Note 16). Appendix II shows the main figures for the main joint ventures accounted for using the equity method as of December 31, 2025.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Associates</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Associates are entities in which the Group is able to exercise significant influence (for definition, see Glossary), but not control or joint control. Significant influence is deemed to exist when the Group owns 20% or more of the voting rights of an investee directly or indirectly, unless it can be clearly demonstrated that this is not the case.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group evaluates the existence of significant influence, not only based on the voting rights but also qualitative factors such as presence on the board of directors, participation in decision-making processes, exchange of management personnel, as well as access to technical information. Regarding joint agreements, in addition to evaluating the rights and obligations of the parties thereto, other facts and circumstances are considered to determine whether an agreement is a joint venture or a joint operation. When the sale or contribution of a controlled business to an associate or joint venture occurs, the Group recognizes any retained interest at fair value. The difference between the book value of the business contributed and the fair value of the retained investment plus the corresponding disposal is fully recognized in the income statement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Certain entities in which the Group owns 20% or more of the voting rights are not included as Group associates, since the Group does not have the ability to exercise significant influence over these entities. Investments in these entities are classified as “Non-trading financial assets mandatorily at fair value through profit or loss” (see Note 11) or "Financial assets at fair value through other comprehensive income" (see Note 13).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In contrast, some investments in entities in which the Group holds less than 20% of the voting rights are accounted for as Group associates, as the Group is considered to have the ability to exercise significant influence over these entities. As of December 31, 2025, 2024 and 2023, these entities are not significant to the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Associates are valued for by the equity method. These entities are initially recognized at cost and subsequently adjusted according to the changes in the Group's share of the net assets of such entities after their acquisition (see Note 16). The Group's income statement reflects the proportion of the results generated by associates in the line "Results of entities accounted for using the equity method". The main figures of the most significant entities are shown in Appendix II.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Structured entities</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A structured entity (see Glossary) is an entity that has been designed so that voting or similar rights are not the dominant factor in deciding who controls the entity, such as when the voting rights relate to administrative matters only and the relevant activities are directed by means of contractual arrangements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In those cases where the Group sets up entities or has a holding in such entities, in order to allow its customers access to certain investments, to transfer risks or for other purposes, in accordance with internal criteria and procedures and with applicable regulations, the Group determines whether control over the entity in question actually exists and therefore whether it should be subject to consolidation.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Such methods and procedures determine whether there is control by the Group, considering how the decisions are made about the relevant activities, assessing whether the Group has control over the relevant elements, exposure to variable returns from involvement with the investee and the ability to use control over the investee to affect the amount of the investor’s returns.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt"> Structured entities subject to consolidation</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">To determine if a structured entity is controlled by the Group, and therefore should be consolidated into the Group, the existing contractual rights (different from the voting rights) are analyzed. For this reason, an analysis of the structure and purpose of each investee is performed and, among others, the following factors will be considered:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:108pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">Evidence of the current ability to manage the relevant activities of the investee according to the specific business needs (including any decisions that may arise only in particular circumstances).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:108pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">Potential existence of a special relationship with the investee.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:108pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.82pt">Implicit or explicit Group commitments to support the investee.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:108pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">d.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">The ability to use the Group´s power over the investee to affect the amount of the Group’s returns.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These types of entities include cases where the Group has a high exposure to variable returns and retains decision-making power over the investee, either directly or through an agent. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The main structured entities of the Group are the asset securitization funds, to which the BBVA Group transfers loans and advances, and other vehicles, which allow the Group’s customers to gain access to certain investments or to allow for the transfer of risks or for other purposes (see Appendices I and V). </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group maintains the decision-making power over the relevant activities of these structured entities subject to consolidation and provides financial support through contracts, as is standard in the securitization market. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The most common ones are investment positions in equity tranches of notes; funding through subordinated debt; credit enhancements through derivative instruments or liquidity lines; management rights of defaulted securitized assets; “clean-up” call derivatives; and asset repurchase clauses by the grantor. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For these reasons, the loans and receivable portfolios related to the majority of the securitizations carried out by the Bank or Group subsidiaries are not derecognized in the books of said entity and the issuances of the related debt securities are recorded as liabilities within the Group’s consolidated balance sheet.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For additional information on the accounting treatment for the transfer and derecognition of financial instruments, see Note 2.2.2. “Transfers and derecognition of financial assets and liabilities”. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Non-consolidated structured entities</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group owns other vehicles also for the purpose of allowing customers access to certain investments, to transfer risks, and for other purposes, but without the Group having control of the vehicles, which are not consolidated in accordance with IFRS 10 – “Consolidated Financial Statements”. The balance of assets and liabilities of these vehicles is not material in relation to the Group’s Consolidated Financial Statements. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023 there was no material financial support from the Bank or its subsidiaries to non-consolidated structured entities.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group does not consolidate any of the mutual funds it manages since the necessary control conditions are not met. Particularly, the BBVA Group does not act as arranger but as agent since it operates the mutual funds on behalf and for the benefit of investors or parties (arranger or arrangers) and, for this reason it does not control the mutual funds when exercising its authority for decision making.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The mutual funds managed by the Group are not considered structured entities (generally, retail funds without corporate identity over which investors have participations which gives them ownership of said managed equity). These funds are not dependent on a capital structure that could prevent them from carrying out activities without additional financial support, being in any case insufficient as far as the activities themselves are concerned. Additionally, the risk of the investment is absorbed by the fund participants, and the Group is only exposed when it becomes a participant, and as such, there is no other risk for the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In all cases, the operating results of equity method investees acquired by the BBVA Group in a particular period only include the period from the date of acquisition to the financial statements date. Similarly, the results of entities disposed of during any year only include the period from the start of the year to the date of disposal.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The consolidated financial statements of subsidiaries, associates and joint ventures used in the preparation of the Consolidated Financial Statements of the Group have the same presentation date as the Consolidated Financial Statements. If financial statements at those same dates are not available, the most recent will be used, as long as these are not older than three months, and will be adjusted to take into account the most significant transactions. As of December 31, 2025, financial statements as of December 31 of all Group entities were utilized except in the case of the consolidated financial statements of nine non-significant entities for which financial statements as of November 30, 2025 were used.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Business combinations</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A business combination is a transaction, or any other deal, by which the Group obtains control over one or more businesses, accounting for by applying the “acquisition method”.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">According to this method, the acquirer has to recognize the assets acquired and the liabilities and contingent liabilities assumed, including those that the acquired entity had not accounted for. The method involves the measurement of the consideration received for the business combination and its allocation to the assets, liabilities and contingent liabilities measured according to their fair value, at the purchase date, as well as the recognition of any non-controlling participation (minority interests) that may arise from the transaction.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The acquirer shall recognize an asset in the consolidated balance sheet under the heading “Intangible assets - Goodwill” (see Note 2.2.7) if on the acquisition date there is a positive difference between:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">the sum of the consideration paid, the amount of all the minority interests and the fair value of the stock previously held in the acquired business; and </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">the fair value of the assets acquired and liabilities assumed.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">If this difference is negative, it shall be recognized directly in the income statement under the heading “Negative goodwill recognized in profit or loss”.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Minority interests in the acquired entity may be measured in two ways: either at their fair value; or at the proportional percentage of net assets identified in the acquired entity. The method of valuing minority interests may be elected in each business combination. BBVA Group has always elected the second method.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:15.26pt">Accounting principles and policies and applied valuation methods</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The accounting principles and policies and the valuation methods applied in the preparation of the consolidated financial statements may differ from those used, at the individual level, by some of the entities that are part of the BBVA Group; This is why, in the consolidation process, the necessary adjustments and reclassifications are made to standardize such principles and criteria among themselves and bring them into line with the IFRS-IASB.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In preparing the Consolidated Financial Statements, the following accounting principles and policies and assessment criteria have been applied:</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:9.56pt">Financial instruments</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On January 1, 2018, IFRS 9, which replaced IAS 39 with respect to the classification and measurement of financial assets and liabilities, credit impairment, and hedge accounting, came into force. At that time, the Group chose to continue applying IAS 39 for hedge accounting, as permitted by IFRS 9. However, the Group then decided to apply the requirements of IFRS 9 to micro hedge accounting from January 1, 2025. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Given the lack of a specific regulatory framework for macro hedges in IFRS 9, the Group continues to apply the framework established under IAS 39 for macro hedge accounting. Thus, from January 1, 2025, the Group will apply simultaneously two standards with common characteristics for hedge accounting (IAS 39 for macro hedges and IFRS 9 for micro hedges) until the International Accounting Standards Board (IASB) concludes the project to develop a specific framework for macro hedge accounting, known as the IFRS 9. Risk Mitigation Accounting (RMA) Project.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The adoption of the accounting policy for accounting for micro hedges in accordance with the requirements set out in IFRS 9 has not had any significant impact on the Group´s Consolidated Financial Statements as of the date of its implementation.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#242424;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Classification and measurement of financial assets</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Classification of financial assets</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">IFRS 9 contains three main categories for financial assets classification: measured at amortized cost, measured at fair value with changes through other comprehensive income, and measured at fair value through profit or loss.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The classification of financial instruments in the categories of amortized cost or fair value depends on the business model with which the entity manages the assets and the contractual characteristics of the cash flows, commonly known as the "solely payments of principal and interest" criterion (hereinafter the "SPPI").</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The assessment of the business model should reflect the way the Group manages groups of financial assets and does not depend on the intention for an individual instrument. Thus, for each entity within the BBVA Group there are different business models for managing assets.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In order to determine the business model, the following aspects are taken into account:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The way in which the performance of the business model (and that of the assets which comprise such business model) is evaluated and reported to the entity's key personnel.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The risks and their management, which affect the performance of the business model.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The way in which business model managers are remunerated.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The frequency, amount and timing of sales in previous years, the reasons for such sales and expectations regarding future sales.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In this sense, the Group has established policies and has developed procedures in each geographical area to determine when the sales of financial assets classified in the amortized cost category are considered infrequent (even when significant), or are insignificant (even when frequent), to ensure compliance with such business model.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Furthermore, it is considered that any sales that may occur because the financial asset is close to maturity, due to an increase in credit risk, or to satisfy liquidity needs, are compatible with the amortized cost model.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Regarding the SPPI test, the analysis of the cash flows aims to determine whether the contractual cash flows of the assets correspond only to payments of principal and interest on the principal amount outstanding at the beginning of the transaction. Interest is understood here as the consideration for the time value of money; and for the credit risk associated with the principal amount outstanding during a specific period; and for financing and structure costs, plus a profit margin.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The most significant judgments used by the Group in evaluating compliance with the conditions of the SPPI test are the following:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Modified time value: in the event that a financial asset includes a periodic interest rate adjustment but the frequency of this adjustment does not coincide with the term of the reference interest rate (e.g., the interest rate reset every six months to a one-year rate), the Group assesses, at the time of the initial recognition, this mismatch to determine whether the contractual cash flows (undiscounted) differ significantly or not from the cash flows (undiscounted) of a benchmark financial asset, for which there would be no change in the time value of money. The defined tolerance thresholds are 10% for the differences in each period and 5% for the analysis accumulated throughout the financial asset life.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Contractual clauses: the contractual clauses that can modify the calendar or the amount of the contractual cash flows are analyzed to verify if the contractual cash flows that would be generated during the life of the instrument due to the exercise of those clauses are only payments of principal and interest on the principal amount outstanding. To do this, the contractual cash flows that may be generated before and after the modification are analyzed.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The main criteria taken into account in the analysis are:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:85.6pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.85pt">Early termination clauses: generally, a contractual clause that permits the debtor to prepay a debt instrument before maturity is consistent with SPPI when the prepayment amount substantially represents unpaid amounts of principal and interest on the principal amount outstanding (which may include reasonable additional compensation for the early termination of the contract).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:85.6pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.44pt">Instruments with an interest rate linked to contingent events: </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:108pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">an instrument whose interest rate is reset to a higher rate if the debtor misses a particular payment may meet the SPPI criterion because of the relationship between missed payments and an increase in credit risk.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:108pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">an instrument with contractual cash flows that are indexed to the debtor’s performance – e.g. net income or is adjusted based on a certain index or stock market value would not meet the SPPI criterion.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:85.6pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:7pt">Perpetual instruments: to the extent that they can be considered instruments with continuous (multiple) extension options, they meet the SPPI test if the contractual flows meet it. When the issuer can defer the payment of interest, if such payment would affect their solvency, they would meet the SPPI test if the deferred interest accrues additional interest, while if they do not, they would not meet the test.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Non-recourse financial instruments: In the case of debt instruments that are repaid primarily with the cash flows of specific assets or projects and the debtor has no legal responsibility, the underlying assets or cash flows are evaluated to determine whether the contractual cash flows of the instrument are consistent with payments of principal and interest on the principal amount outstanding.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:85.6pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.85pt">If the contractual terms do not give rise to additional cash flows to payments of principal and interest on the amount of principal outstanding or limitations to these payments, the SPPI test is met.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:85.6pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.44pt">If the debt instrument effectively represents an investment in the underlying assets and its cash flows are inconsistent with principal and interest (because they depend on the performance of a business), the SPPI test is not met.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Contractually linked instruments: a look-through analysis is carried out in the case of transactions that are set through the issuance of multiple financial instruments forming tranches that create concentrations of credit risk (e.g., securitizations) in which there is an order of priority that specifies how the flows of cash generated by the underlying set of financial instruments are allocated to the different tranches. The debt tranches of the instrument will comply with the requirement that their cash flows represent only payment of principal and interest on the outstanding principal if:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:85.6pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.85pt">the contractual terms of the tranche being assessed for classification (without looking through to the underlying pool of financial instruments) give rise to cash flows that are solely payments of principal and interest on the principal amount outstanding;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:85.6pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.44pt">the underlying pool of financial instruments comprises instruments with cash flow that are solely payments of principal and interest on the principal amount outstanding; and</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:85.6pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:7pt">the exposure to credit risk in the underlying pool of financial instruments inherent in the tranche is equal to or lower than the exposure to credit risk of the underlying pool of financial instruments (for example, the credit rating of the tranche being assessed for classification is equal to or higher than the credit rating that would apply to a single tranche that funded the underlying pool of financial instruments).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In any event, the contractual conditions that, at the time of the initial recognition, have a minimal effect on cash flows or depend on the occurrence of exceptional and highly unlikely events do not prevent compliance with the conditions of the SPPI test.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the specific case of loans granted by the BBVA Group where the financial remuneration is linked to the compliance with certain environmental, social and governance (hereinafter "ESG") conditions and criteria, the Group considers that the impact of compliance with the ESG criteria on the interest rate applied to the transactions is very limited and, therefore, meets the condition that it has a minimal effect on cash flows. Therefore, the existence of these ESG-linked clauses would not entail non-compliance with the aforementioned SPP test.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Based on the above characteristics, financial assets will be classified and valued as described below.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A debt instrument will be classified in the amortized cost portfolio if the two following conditions are fulfilled:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">the financial asset is managed within a business model whose purpose is to maintain the financial assets to maturity, to receive contractual cash flows; and</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">the contractual conditions of the financial asset give rise to cash flows that are only payments of principal and interest.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A debt instrument will be classified in the portfolio of financial assets at fair value with changes through other comprehensive income if the two following conditions are fulfilled:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">the financial asset is managed within a business model whose purpose combines collection of the contractual cash flows and sale of the assets; and</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">the contractual characteristics of the instrument generate cash flows which only represent the return of the principal and interest.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A debt instrument will be classified at fair value with changes in profit and loss provided that the entity's business model for their management or the contractual characteristics of its cash flows do not require classification into one of the portfolios described above.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In general, equity instruments will be measured at fair value through profit or loss. However the Group may make an irrevocable election, at initial recognition to present subsequent changes in the fair value through “other comprehensive income”.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial assets will only be reclassified when BBVA Group decides to change the business model. In this case, all of the financial assets assigned to this business model will be reclassified. The change of the objective of the business model should occur before the date of the reclassification.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Measurement of financial assets</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">All financial instruments are initially recognized at fair value, plus, those transaction costs which are directly attributable to the issue of the particular instrument, with the exception of those financial assets which are classified at fair value through profit or loss. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">All changes in the value of financial assets due to the interest accrual and similar items are recorded in the headings "Interest and other income" or "Interest expense", of the consolidated income statement of the year in which the accrual occurred (see Note 37), except for trading derivatives that are not economic and accounting hedges.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes in fair value after the initial recognition, for reasons other than those mentioned in the preceding paragraph, are treated as described below, according to the categories of financial assets.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">“Financial assets held for trading”, “Non-trading financial assets mandatorily at fair value through profit or loss” and “Financial assets designated at fair value through profit or loss”</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial assets are recorded under the heading “Financial assets held for trading” if the objective of the business model is to generate gains by buying and selling these financial instruments or to generate short-term results. The financial assets recorded in the heading “Non-trading financial assets mandatorily at fair value through profit or loss" either have contractual cash flows that do not met the conditions of the SPPI test, or are not covered by a business model whose objective is either (i) to hold financial assets to collect contractual cash flows or (ii) achieved by collecting contractual cash flows and selling financial assets. Financial assets are classified in “Financial assets designated at fair value through profit or loss” only if such classification eliminates or significantly reduces a measurement or recognition inconsistency that would otherwise arise from recognizing or measuring such financial assets on different bases.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The assets recognized under these headings of the consolidated balance sheet are measured upon acquisition at fair value and changes in the fair value (gains or losses and foreign exchange differences) are recognized as their net value, when applicable, under the headings “Gains (losses) on financial assets and liabilities held for trading, net”, “Gains (losses) on non-trading financial assets mandatorily at fair value through profit or loss, net” and “Gains (losses) on financial assets designated at fair value through profit or loss, net” in the consolidated income statement (see Note 41).</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">"Financial assets at fair value through other comprehensive income”</span></div><div style="margin-bottom:9pt;margin-top:9pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Debt instruments</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Assets recognized under this heading in the consolidated balance sheets are measured at their fair value. This category of valuation implies the recognition of the information in the income statement as if it were an instrument valued at amortized cost, while the instrument is valued at fair value in the balance sheet. Thus, both interest income on these instruments and the exchange differences and impairment that arise in their case are recorded in the profit and loss account, while subsequent changes in its fair value (gains or losses) are recognized temporarily (by the amount net of tax effect) under the heading “Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Fair value changes of debt instruments measured at fair value through other comprehensive income” in the consolidated balance sheets (see Note 30).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amounts recognized under the headings “Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Fair value changes of debt instruments measured at fair value through other comprehensive income” continue to form part of the Group's consolidated equity until the corresponding asset is derecognized from the consolidated balance sheet or until a loss allowance is recognized on the corresponding financial instrument. If these assets are sold, these amounts are derecognized and included under the headings “Gains (losses) on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net” in the consolidated income statements (see Note 41).</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The net loss allowances in “Financial assets at fair value through other comprehensive income” over the year are recognized under the heading “Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification - Financial assets at fair value through other comprehensive income” (see Note 47) in the consolidated income statement for the year. Interest income on these instruments is recorded in the consolidated income statement (see Note 37). Changes in foreign exchange rates are recognized under the heading “Exchange differences, net" in the consolidated income statements (see Note 41).</span></div><div style="margin-bottom:9pt;margin-top:9pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Equity instruments</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">At the time of initial recognition of specific investments in equity instruments, the BBVA Group may make the irrevocable decision to present subsequent changes in fair value in other comprehensive income. Subsequent changes in this valuation will be recognized in "Accumulated other comprehensive income (loss)- Items that will not be reclassified to profit or loss - Fair value changes of equity instruments measured at fair value through other comprehensive income" (see Note 30). Dividends received from these investments are recorded in the heading "Dividend income" in the consolidated income statement (see Note 38). These instruments are not subject to the impairment model of IFRS 9.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">“Financial assets at amortized cost”</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The assets under this category are subsequently measured at amortized cost, after initial recognition, using the "effective interest rate" method. In the case of floating rate instruments, including inflation-linked bonds, the periodic updates of cash flows to reflect the movement of interest rates and inflation impact the effective interest rate prospectively.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Net loss allowances of assets recorded under these headings arising in each year, calculated using the IFRS 9 model, are recognized under the heading “Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification – Financial assets measured at amortized cost” in the consolidated income statement for such year (see Note 47).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Classification and measurement of financial liabilities</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Classification of financial liabilities</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial liabilities are classified in the following categories:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Financial liabilities at amortized cost;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Financial liabilities that are held for trading, including derivatives, are financial instruments which are recorded in this category when the Group’s objective is to generate gains by buying and selling these financial instruments or generate short-term results; and</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Financial liabilities that are designated at fair value through profit or loss on initial recognition under the Fair Value Option. The Group has the option to designate irrevocably, on the initial moment of recognition, a financial liability at fair value through profit or loss provided that doing so results in the elimination or significant reduction of measurement or recognition inconsistency, or if a group of financial liabilities, or a group of financial assets and financial liabilities, has to be managed, and its performance evaluated, on a fair value basis in accordance with a documented risk management or investment strategy.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Measurement of financial liabilities</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial liabilities are initially recorded at fair value, less transaction costs that are directly attributable to the issuance of instruments, except for financial instruments that are classified at fair value through profit or loss.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Variations in the value of financial liabilities due to the interest accrual and similar items are recorded in the headings “Interest and other income” or “Interest expense”, of the consolidated income statement for the year in which the accrual occurred (see Note 37), except for trading derivatives that are not economic and accounting hedges.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes in fair value after the initial recognition, for reasons other than those mentioned in the preceding paragraph, are treated as described below, according to the categories of financial liabilities.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">“Financial liabilities held for trading” and “Financial liabilities designated at fair value through profit or loss“</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The subsequent changes in the fair value (gains or losses) of the liabilities recognized under these headings of the consolidated balance sheets are recognized as their net value under the headings “Gains (losses) on financial assets and liabilities held for trading, net” and “Gains (losses) on financial assets and liabilities designated at fair value through profit or loss, net” in the consolidated income statements (see Note 41). The changes in the own credit risk of the liabilities designated under the fair value option is presented in “Accumulated other comprehensive income (loss) – Items that will not be reclassified to profit or loss – Fair value changes of financial liabilities at fair value through profit or loss attributable to changes in their credit risk”, unless this treatment brings about or increases an asymmetry in the income statement.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">“Financial liabilities at amortized cost”</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The liabilities under this category are subsequently measured at amortized cost, using the “effective interest rate” method.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">“Hybrid financial liabilities”</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When a financial liability contains an embedded derivative, the Group analyzes whether the economic characteristics and risks of the embedded derivative and the host instrument are closely related.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">If the characteristics and risks of the host and the derivative are closely related, the instrument as a whole will be classified and measured according to the general rules for financial liabilities. If, on the other hand, the economic characteristics and risks of the embedded derivative are not closely related to the economic characteristics and risks of the host, its terms meet the definition of a derivative and the hybrid contract is not measured at fair value with changes in fair value recognized in profit or loss, the embedded derivative shall be separated from the host and accounted for as a derivative separately at fair value with changes in profit and loss and the host instrument classified and measured according to its nature.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">“Derivatives – Hedge Accounting” and “Fair Value Changes of the Hedged Items in Portfolio Hedges of Interest Rate Risk”</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With the aim of improving the alignment between risk management and its presentation in the financial statements, the Group has decided to apply IFRS 9 for micro hedge accounting, instead of IAS 39, from January 1, 2025. Prior to the transition date, the Group was applying IAS 39 for micro hedge accounting. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group uses hedging derivatives as a tool for managing financial risks, mainly interest rate risk and exchange rate risk(see Note 7).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">To cover these risks, the Group uses, among others, the following hedging instruments:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Interest rate derivatives to convert interest rate exposures into fixed or variable rates.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Foreign exchange derivatives to convert foreign currency exposures to the entity's currency and net investment exposures to the local currency.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In some hedging relationships, the Group additionally designates inflation risk as a contractually specified component of a debt instrument (e.g., inflation-linked bonds).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For these economic hedges to be recognized as hedge accounting, they must meet certain requirements established under both IAS 39 and IFRS 9. These requirements include clear identification of the hedged items and hedging instruments, an assessment of the hedge's effectiveness over time, and adequate documentation supporting the Group's intention to manage its risk through these instruments. Only when these criteria are met can financial derivatives be accounted for as hedge accounting, allowing for an accounting treatment that more accurately reflects the Group's risk management strategy (see Note 15).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Hedge accounting maintains a similar accounting scheme under both IAS 39 and IFRS 9. Hedge ineffectiveness, defined as the difference between the change in value of the hedging instrument and the hedged item attributable to the hedged risk in each period is recorded in the consolidated income statement (or other comprehensive income, if the hedging instrument hedges an equity instrument for which an entity has elected to present changes in fair value in other comprehensive income) (see Notes 15 and 41).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group discontinues hedge accounting when the hedging instrument expires or is sold, or when the hedging relationship no longer meets the qualifying criteria. However, if a hedge no longer meets the qualifying criteria but the risk management objective remains unchanged, IFRS 9 allows the Group to assess whether to adjust the hedge ratio in order to re-establish compliance with the effectiveness requirements. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Under IAS 39, hedge effectiveness is assessed both retrospectively and prospectively, ensuring that it remains within a range of 80% to 125%. However, IFRS 9 eliminates the strict 80%-125% effectiveness range requirement, allowing qualitative prospective assessments if there is an economic relationship between the hedged item and the hedging instrument, and credit risk does not exert a dominant effect on changes in the value of either the hedged item or the hedging instrument. The BBVA Group has chosen to continue applying the 80%-125% range as a measure for assessing hedge effectiveness, and may rebalance the hedge without discontinuing hedges if this range is not maintained, as described below.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The variations that occur, after the designation of the hedge, in the valuation of the financial instruments designated as hedged items and the financial instruments designated as accounting hedging instruments are recorded as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In fair value hedges, the differences arising in the fair value of the derivative and the hedged instrument attributable to the hedged risk are recognized directly under the line item ‘Gains (losses) from hedge accounting, net’ in the consolidated income statement. In the specific case of interest rate hedges, interest cash flows are included under the line item ‘Interest and other income’ or under ‘Interest expense’ in the consolidated income statement), or in ’Other comprehensive income (loss)’ if it is a hedge of equity instruments measured at fair value through ’Other comprehensive income (loss)’; with the corresponding entry being recorded in the consolidated balance sheet line items in which the hedging instrument (‘Derivatives – hedge accounting’) or the hedged item is recognized, as applicable (see Note 37). </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In fair value hedges of interest rate risk on a portfolio of financial instruments (“macro hedges”), gains or losses arising from the measurement of the hedging instrument are recognized directly in the consolidated income statement with an offsetting entry made under the heading “Derivatives – Hedge accounting” and gains or losses arising from the change in the fair value of the hedged item (attributable to the hedged risk) are also recorded in the consolidated income statement (in both cases, under the heading “Gains (losses) from hedge accounting, net”), with an offsetting entry made in the heading “Fair value changes of the hedged items in portfolio hedges of interest rate risk” of the asset or liability in the consolidated balance sheet, depending on the nature of the hedged item.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In cash flow hedges, the valuation differences arising in the effective hedge portion of the hedging items are temporarily recorded under the heading "Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Hedging derivatives. Cash flow hedges (effective portion)" in the consolidated balance sheet, with an offsetting entry made in the "Derivatives - Hedge accounting" headings of the asset or liability sections in the consolidated balance sheet, as applicable. These differences are recognized in the consolidated income statement when the gain or loss on the hedged item is recorded in profit or loss, when the forecast transactions are executed, or on the maturity date of the hedged item. Almost all of the Group's cash flow hedges are interest rate and inflation hedges for financial instruments, so the amount recorded in other accumulated comprehensive income will be reclassified in results under the headings "Interest and other income" or "Interest expense" in the consolidated income statement (see Note 37). </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The differences in the value of the hedging instrument corresponding to the ineffective portion of cash flow hedging transactions are recorded directly under the heading “Gains (losses) from hedge accounting, net” in the consolidated income statement (see Note 41).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In the hedge of net investments in foreign operations, valuation differences arising in the effective portion of the hedging items are temporarily recorded under the heading "Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Hedge of net investments in foreign operations (effective portion)" in the consolidated balance sheet, with an offsetting entry made under "Derivatives - Hedge accounting" in the asset or liability sections of the consolidated balance sheet, as applicable. These valuation differences are recognized in the consolidated income statement when the foreign investment is disposed of or removed from the consolidated balance sheet (see Note 41).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The other relevant new features introduced by IFRS 9 and applicable from January 1, 2025, are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">It provides flexibility in the items that can be hedged (for example, it enables the hedging of net positions, aggregate positions, and specific risk components in non-financial items).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">It introduces the accounting treatment of "cost of hedging", allowing components of hedging instruments such as forward elements, the time value of options, or the base spread to be excluded from the hedge. These values can be recognized in other comprehensive income, thereby reducing volatility in the consolidated income statement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">It allows for the rebalancing of hedges without the need for discontinuations in hedge accounting, provided that the relationship between the hedging instrument and the hedged item is adjusted, and that the risk management objective is maintained.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">For fair value hedges on equity instruments recorded at fair value through other comprehensive income, the differences in the fair value of the derivative are recorded in “Accumulated other comprehensive income (loss)”, thereby minimizing the impact on profit or loss for the period. </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Loss allowances on financial assets</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The “expected losses” impairment model is applied to financial assets valued at amortized cost, debt instruments valued at fair value with changes in accumulated other comprehensive income, financial guarantee contracts and other commitments. All financial instruments valued at fair value through profit or loss are excluded from the impairment model.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The standard classifies financial instruments into three categories, which depend on the evolution of their credit risk from the moment of initial recognition and which establish the calculation of the credit risk allowance. </span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stage 1 – without significant increase in credit risk</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial assets which are not considered to have significantly increased in credit risk have loss allowances measured at an amount equal to the expected credit loss that arises from all possible default events within 12 months following the presentation date of the financial statements (12 month expected credit losses).</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stage 2 – significant increases in credit risk</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When the credit risk of a financial asset has increased significantly since the initial recognition, the loss allowances of that financial instrument is calculated as the expected credit loss during the entire life of the asset. That is, they are the expected credit losses that result from all possible default events during the expected life of the financial instrument.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stage 3 – impaired</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When there is objective evidence that the instrument is credit-impaired, the financial asset is transferred to this category in which the provision for losses of that financial instrument is calculated, as in </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">Stage</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> 2, as the expected credit loss during the entire life of the asset.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When the recovery of any recognized amount is considered remote, such amount is written-off on the consolidated balance sheet, without prejudice to any actions that may be taken in order to collect the amount until the rights extinguish in full either because it is time-barred debt, the debt is forgiven, or other reasons.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group has applied the following definitions:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Credit-impaired asset</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">An asset is credit-impaired (</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">stage</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> 3) if one or more events have occurred and they have a detrimental impact on the estimated future cash flows of the asset.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The definition of impaired asset under IFRS 9 is currently aligned with that of default used by the Group both for internal credit risk management and for regulatory purposes, in accordance with the definitions established in the European Banking Authority (hereinafter "EBA") Guidelines and in Article 178 of Regulation (EU) No 575/2013 (CRR). This alignment facilitates the integration of both definitions in credit risk management, giving coherence and consistency in the processes.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The determination of an asset as impaired and its classification in stage 3 is based exclusively on the risk of default, without considering the effects of credit risk mitigating measures such as guarantees and collaterals. Specifically, the following financial assets are classified in stage 3:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">Impaired assets for objective reasons or delinquency: when there are unpaid amounts of principal or interest for more than 90 days.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36.28pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">According to IFRS 9, the 90-days past due default is a presumption that can be rebutted in those cases where the entity considers, based on reasonable and supportable information, that it is appropriate to use a longer term. As of December 31, 2025, the Group has not used terms exceeding 90 days past due.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.12pt">Impaired assets for subjective reasons (other than delinquency): when circumstances are identified that show, even in the absence of defaults, that it is not probable that the debtor will fully comply with its financial obligations. For this purpose, the following indicators are considered, among others:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">Significant financial difficulties of the issuer or the borrower.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Granting by the lender or lenders to the borrower, for economic or contractual reasons related to the latter's financial difficulties, of concessions or advantages that they would not have otherwise granted.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Breach of contractual clauses, such as events of default or default.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Increasing probability that the borrower will go into bankruptcy or some other situation of financial reorganization.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Disappearance of an active market for the financial asset due to financial difficulties.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Others that may affect the committed cash flows such as the loss of the debtor's license or that it has committed fraud.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Generalized delay in payments. In any case, this circumstance exists when, during a continuous period of 90 days prior to the reporting date, a material amount has remained unpaid.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Sales of credit exposures of a client with a significant economic loss will imply that the rest of its operations are considered impaired.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Relating to the granting of concessions due to financial difficulties, it is considered that there is an indicator of unlikeliness to pay, and therefore the client must be considered impaired, when the refinancing or restructuring measures may result in a diminished financial obligation caused by a forgiveness or material deferral of principal, interest or fees. Specifically, unless proven otherwise, transactions that meet any of the following criteria will be reclassified to the category of impaired assets:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:70.3pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.85pt">Irregular repayment schedule.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:70.3pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.44pt">Contractual clauses that delay the repayment of the loan through regular payments. Among others, grace periods of more than two years for the amortization of the principal will be considered clauses with these characteristics.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:70.3pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:7pt">Amounts of principal or interest written off from the balance sheet as its recovery is considered remote.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In any case, a restructuring will be considered impaired when the reduction in the net present value of the financial obligation is greater than 1%.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Credit risk management for wholesale counterparties is carried out at the customer (or group) level. For this reason, the classification of any of a client's material exposures as impaired, whether due to more than 90 days of default or due to any of the subjective criteria, implies the classification as impaired of all the client's exposures. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Regarding retail clients, which are managed at the individual loan level, the scoring systems review their score, among other factors, in the event of a breach in any of their operations or incurring generalized delays in payments, which also triggers the necessary recovery actions. Among them are the refinancing measures that, where appropriate, may lead to all the client's operations being considered impaired. Furthermore, given the granularity of the retail portfolios, the differential behavior of these clients in relation to their products and collateral provided, as well as the time necessary to find the best solution, the Group has established as an indicator that when a transaction of a retail client is in default in excess of 90 days or shows a general delay in payments and this represents more than 20% of the client's total balance, all its transactions are considered impaired.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When transactions involving entities related to a client enter stage 3, including entities of the same group and entities holding a relationship of economic or financial dependence, the transactions of the client will also be classified as stage 3, if reasonable doubts as to the full payment of their loans is determined to exist following the relevant analysis.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The stage 3 classification will be maintained for a cure period of 3 months from the disappearance of all indicators of impairment during which the client must demonstrate good payment behavior and an improvement in their credit quality in order to corroborate the disappearance of the causes that motivated the classification of the debt as impaired. In the case of refinancing and restructuring, the cure period is one year (see Note 7.2.7 for more details).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These criteria are aligned in all the geographical areas of the Group, maintaining only minor differences to facilitate the integration of management at the local level.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Significant increase in credit risk </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The objective of the impairment requirements is to recognize lifetime expected credit losses for financial instruments for which there have been significant increases in credit risk since initial recognition considering all reasonable and supportable information, including that which is forward-looking. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The model developed by the Group for assessing the significant increase in credit risk has a two-prong approach that is applied globally (for more detail on the methodology used, see Note 7.2.1):</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Quantitative criterion: the Group uses a quantitative analysis based on comparing the current expected probability of default over the life of the transaction with the original adjusted expected probability of default, so that both values are comparable in terms of expected default probability for their residual life. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Qualitative criterion: most indicators for detecting significant risk increase are included in the Group's systems through rating and scoring systems or macroeconomic scenarios, so the quantitative analysis covers the majority of circumstances. The Group uses additional qualitative criteria to identify significant increase in credit risk and thus, to include circumstances that are not reflected in the rating/score systems or macroeconomic scenarios used. Such qualitative criteria are the following:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">More than 30 days past due. According to IFRS 9, default of more than 30 days is a presumption that can be rebutted in those cases in which the entity considers, based on reasonable and documented information, that such non-payment does not represent a significant increase in risk. As of December 31, 2025, the Group has not considered periods higher than 30 days.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">Watch List: They are subject to special watch by the Risk units because they show negative signs in their credit quality, even though there may be no objective evidence of impairment.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.82pt">Refinance or restructuring that does not show evidence of impairment, or that, having been previously identified, the existence of significant increase in credit risk may still exist.</span></div><div style="margin-bottom:18pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Although the standard introduces a series of operational simplifications, also known as practical solutions, for analyzing the increase in significant risk, the Group does not use them as a general rule. However, for high-quality assets, mainly related to certain government institutions and bodies, the standard allows for considering that their credit risk has not increased significantly because they have a low credit risk at the presentation date. This possibility is limited to those financial instruments that are classified as having high credit quality and to contracts with a current annualized probability of default (PD) of less than 0.3%. This does not prevent these assets from being assigned the credit risk coverage that corresponds to their classification as stage 1 based on their credit rating and macroeconomic expectations.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Method for calculating Expected Credit Loss (ECL)</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Method for calculating expected loss</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The measurement of expected losses must reflect:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">a considered and unbiased amount, determined by evaluating a range of possible results;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">the time value of money; and</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">reasonable and supportable information that is available without undue cost or effort and that reflects current conditions and forecasts of future economic conditions.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Expected losses are measured both individually and collectively.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The individualized estimate of credit losses results from calculating the difference between the expected cash flows discounted at the effective interest rate of the transaction and the carrying amount of the instrument (see Note 7.2.1).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For the collective measurement of expected losses the instruments are classified into groups of assets based on their risk characteristics. Exposure within each group is grouped according to credit risk common characteristics, which indicate the payment capacity of the borrower according to the contractual conditions. These risk characteristics have to be relevant in estimating the future flows of each group. The characteristics of credit risk may consider, among others, the following factors (see Note 7.2.1):</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">type of instrument;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">rating or scoring tools;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">credit risk scoring or rating;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">type of collateral;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">amount of time at default for stage 3;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">segment;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">qualitative criteria which can have a significant increase in risk;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">collateral value if it has an impact on the probability of a default event.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The estimated losses are derived from the following parameters:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">PD: estimate of the probability of default in each period.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">LGD: estimate of the loss in case of default, calculated as the difference between the contractual cash flows and receivables, including guarantees. For these purposes, the probability of executing the guarantee, the moment until its ownership and subsequent realization are achieved, the expected cash flows and the acquisition and sale costs, are considered in the estimation.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">EAD: estimate of the exposure in case of default in each future period, taking into account the changes in exposure after the closing date of the financial statements. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">CCF: cash conversion factor is the estimate made on off-balance sheet contractual arrangements to determine the exposure subject to credit risk in the event of a default.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">At the BBVA Group, the calculated expected credit losses are based on internal models developed for all portfolios within the IFRS 9 scope, except for the cases that are subject to individual analysis.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The calculation and recognition of expected credit losses includes exposures with governments and credit institutions, for which, despite having a reduced number of defaults in the information databases, internal models have been developed, considering, as sources of information, the data provided by external rating agencies or other observed in the market, such as changes in bond yields, prices of credit default swaps or any other public information on them.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Use of present, past and future information</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">IFRS 9 requires incorporation of present, past and future information to detect any significant increase in risk and measure expected loss, which must be carried out on a weighted probability basis.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The standard does not require identification of all possible scenarios for measuring expected loss. However, the probability of a loss event occurring and the probability it will not occur have to be considered, even though the possibility of a loss may be very low. To achieve this, the Group generally evaluates the linear relationship between its estimated loss parameters (PD, LGD and EAD) with the historical and future forecasts of the macroeconomic scenarios. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, when there is no linear relation between the different future economic scenarios and their associated expected losses, more than one future economic scenario must be used for the measurement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The approach taken by the Group consists of using a methodology based on the use of three scenarios. The first is the most probable scenario (base scenario) that is consistent with that used in the Group's internal management processes, and two additional ones, one more positive and the other more negative. The combined outcome of these three scenarios is calculated considering the weight given to each of them. The main macroeconomic variables that are valued in each of the scenarios for each of the geographical areas in which the Group operates are the Gross Domestic Product (hereinafter "GDP"), the real estate price index, interest rates and the unemployment rate. The main goal of the Group's approach is seeking the greatest predictive capacity with respect to the first two variables (see Note 7.2.1).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Derecognition of the balance due to impairment of financial assets (write-offs)</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Debt instruments are classified as written-off once, after being analyzed, it is reasonably considered that their recovery is remote due to the notorious and irrecoverable deterioration of the solvency of the client involved in the operation. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Based on their procedures and particularities, the Group entities recognize financial assets as a write-off where, following their analysis, there are no reasonable expectations of recovery of the debt, taking into account aspects such as: the time elapsed since the classification as doubtful debt due to delinquency, the coverage levels achieved, type of portfolio or product, bankruptcy status of the holder and the existence of guarantees, their valuation and execution capacity. In those cases where the guarantee is significant, there is the possibility of making partial write-offs on the non-guaranteed portion.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The classification of a financial asset as written-off, entails the recognition of losses for the carrying amount of the related debt and results in a derecognition in the same amount from the balance sheet (see Note 7.2.5).</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:130%;padding-left:7.69pt">Transfers and derecognition of financial assets and liabilities </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The accounting treatment of transfers of financial assets is determined by the form in which risks and benefits associated with the financial assets involved are transferred to third parties. Financial assets are only derecognized from the consolidated balance sheet when the cash flows that they generate are extinguished, when their implicit risks and benefits have been substantially transferred to third parties or when the control of financial asset is transferred even in case of no physical transfer or substantial retention of such assets. In the latter case, the financial asset transferred is derecognized from the consolidated balance sheet, and any right or obligation retained or created as a result of the transfer is simultaneously recognized.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Similarly, financial liabilities are derecognized from the consolidated balance sheet only if their obligations are extinguished or acquired (with a view to subsequent cancellation or renewed placement).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group is considered to have transferred substantially all the risks and benefits if such risks and benefits account for the majority of the risks and benefits involved in ownership of the transferred financial assets.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Treatment of securitizations</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The securitizations funds to which the Group entities transfer their credit portfolios are consolidated entities of the Group. For more information, refer to Note 2.1 “Principles of consolidation”.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group considers that the risks and benefits of the securitizations are substantially retained if the subordinated bonds are held and/ or if subordination funding has been granted to those securitization funds, which means that the credit loss risk of the securitized assets will be assumed. Consequently, the Group is not derecognizing those transferred loan portfolios.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Synthetic securitizations are transactions where risk is transferred through derivatives or financial guarantees and in which the exposure of these securitizations remains in the balance sheet of the Group. The Group has established the synthetic securitizations through received financial guarantees. As for the commissions paid, they are accrued during the term of the financial guarantee.</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:7.61pt">Financial guarantees</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial guarantees are considered to be those contracts that require their issuer to make specific payments to reimburse the holder of the financial guarantee for a loss incurred when a specific borrower breaches its payment obligations on the terms – whether original or subsequently modified – of a debt instrument, irrespective of the legal form it may take. Financial guarantees may take the form of a deposit, bank guarantee, insurance contract or credit derivative, among others.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In their initial recognition, financial guarantees are recognized as liabilities in the consolidated balance sheet at fair value, which is generally the present value of the fees, commissions and interest receivable from these contracts over the term thereof, and the Group simultaneously recognizes a corresponding asset in the consolidated balance sheet for the amount of the fees and commissions received at the inception of the transactions and the amounts receivable at the present value of the fees, commissions and interest outstanding.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial guarantees, irrespective of the guarantor, instrumentation or other circumstances, are reviewed periodically so as to determine the credit risk to which they are exposed and, if appropriate, to consider whether a provision is required for them. The credit risk is determined by application of criteria similar to those established for quantifying loss allowances on debt instruments measured at amortized cost (see Note 2.2.1).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The provisions recognized for financial guarantees are recognized under the heading “Provisions - Provisions for contingent risks and commitments” on the liability side in the consolidated balance sheets (see Note 24). These provisions are recognized and reversed with a charge or credit, respectively to “Provisions or reversal of provision” in the consolidated income statements (see Note 46).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Income from financial guarantees is recorded under the heading “Fee and commission income” in the consolidated income statement and is calculated by applying the rate established in the related contract to the nominal amount of the guarantee (see Note 40).</span></div>Synthetic securitizations made by the Group to date meet the requirements of the accounting regulations for accounting as guarantees<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:7.16pt">Tangible Assets</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify;text-indent:-0.01pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Tangible assets are classified according to their nature:</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Property, plant and equipment for own use</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This heading includes the assets under ownership or acquired under lease terms (right to use), intended for future or current use by the Group and that it expects to hold for more than one year. It also includes tangible assets received by the Group in full or partial settlement of receivables from third parties which are expected to be held for continuing use.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Investment properties</span><span style="color:#1873b9;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Includes the value of land, buildings and other structures that are held either for rental or for capital gain on sale, and which are not expected to be used in the ordinary course of business and are not intended for own use. </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Assets leased out under an operating lease</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Includes assets for which the Group has granted the right of use to another company through an operating lease contract.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In general, and as an accounting policy option, tangible assets are recorded in the balance sheets under the cost model, i.e., at acquisition cost, less the related accumulated depreciation and, if applicable, the estimated impairment losses resulting from comparing the net book value of each item with its corresponding recoverable value (see Note 17).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group uses the straight-line method to calculate depreciation over the estimated useful life of the asset. The depreciation charge for tangible assets is recorded under "Depreciation and amortization" in the income statement (see Note 45) and is the result of using the following depreciation rates:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">At each reporting date, the Group analyzes whether there are indicators that a tangible asset may be impaired and, if any, adjusts the carrying amount to its recoverable amount, modifying future depreciation charges in accordance with its revised remaining useful life. Similarly, if there is indication that the value of a tangible asset that was previously impaired has been recovered, the Group estimates the recoverable amount of the asset and recognizes in the income statement the reversal of the impairment loss recognized in previous years and thus, adjusts the future depreciation charges. Any impairment or reversal of impairment will be recognized with the offsetting entry recorded to the heading “Impairment or reversal of impairment of non-financial assets - Intangible assets” of the consolidated income statement (see Note 49).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the BBVA Group, most of the buildings held for own use are assigned to the different Cash Generating Units (hereinafter "CGUs") to which they belong. The corresponding impairment analyses are performed for these CGUs to determine whether sufficient cash flows are generated to support the value of the assets comprised within such CGUs.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Operating and maintenance expenses relating to tangible assets for own use are recognized in the year in which they are incurred under "Administrative expenses - Property, plant and equipment" in the income statement (see Note 44.2).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, for those geographical areas with subsidiaries where the Group applies IAS 29 "Financial Reporting in Hyperinflationary Economies", this type of asset is adjusted, at each balance sheet date, to show variations in the purchasing power of the currency due to inflation from the date of acquisition or inclusion in the consolidated balance sheet (see Note 2.2.18).</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:7.75pt">Leases</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In general, the Group will record assets and liabilities for lease contracts by recording a right of use (right to use the leased asset) under ''Tangible assets - Property, plant and equipment'' and ''Tangible assets - Investment property'' (see Note 17), and a lease liability (its obligation to make lease payments) under ''Financial liabilities at amortized cost - Other financial liabilities'' (see Note 22.5). The BBVA Group applies two exceptions in the case of short-term leases and leases whose underlying asset is of low value. In these cases, lease payments are recognized under "Other operating expense" (see Note 42) in the consolidated income statement over the term of the lease.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">At the initial date of the lease, the lease liability is equal to the present value of all lease unpaid payments. Subsequently, it is valued at amortized cost.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The right to use assets is initially recorded at cost and is subsequently reduced by accumulated amortization and accumulated impairment. The Group has decided to calculate depreciation using the straight-line method. Depreciation of tangible assets is recorded under "Depreciation and amortization" in the consolidated statement of income (see Note 45).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The interest expense on the lease liability is recorded under the heading “Interest expense” (see Note 37.2). Variable payments not included in the initial measurement of the lease liability are recorded under the heading “Administration costs – Other administrative expense” (see Note 44.2).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Operating lease and sublease incomes are recognized in the consolidated income statements under the headings “Other operating income” (see Note 42).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On the other hand, when the Group acts as a lessor, it classifies leases as finance or operating leases. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In finance leases, the sum of the present values of the amounts received plus the guaranteed residual value is recorded as financing provided to third parties and is included under "Financial assets at amortized cost" in the consolidated balance sheet (see Note 14).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In operating leases, the acquisition cost of the leased assets is presented under "Tangible assets - Property, plant and equipment - Assigned under operating leases" in the consolidated balance sheet (see Note 17). These assets are depreciated in accordance with the policies adopted for similar tangible assets for own use and the income and expenses arising from the lease contracts are recognized in the consolidated income statement on a straight-line basis under "Other operating income" and "Other operating expense", respectively (see Note 42).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">If a fair value sale and leaseback results in a lease, the profit or loss generated from the effectively transferred part of the sale is recognized in the consolidated income statement at the time of sale (only for the effectively transmitted part). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The assets leased out under operating lease contracts to other entities in the Group are treated in the consolidated financial statements as for own use, and thus rental expense and income is eliminated in consolidation and the corresponding depreciation is recognized.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, for those geographical areas with subsidiaries where the Group applies IAS 29 "Financial Reporting in Hyperinflationary Economies", this type of asset is being adjusted to show changes in the purchasing power of the currency due to inflation from the date of acquisition or inclusion in the consolidated balance sheet (see Note 2.2.18).</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:7.29pt">Non-current assets and disposal groups classified as held for sale and liabilities included in disposal groups classified as held for sale </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This heading includes the carrying amount of individual items or items integrated in a group ("disposal group") or that form part of a significant business line or geographical area that is intended to be disposed of (“discontinued operation”) whose sale is highly probable to take place under the current conditions within a period of one year from the date to which the financial statements refer. Additionally, it includes assets that were expected to be disposed of within one year, but for which disposal there is a delay caused by events and circumstances beyond the Group's control, and there is sufficient evidence that the Group remains committed to its plan for sale (see Note 21), in particular, regarding real estate assets or other assets received to cancel, in whole or in part, the payment obligations of debtors for credit operations. These assets are not amortized as long as they remain in this category.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With respect to valuation, in general, foreclosed real estate assets or assets received in payment of debts are recognized both at the date of acquisition and subsequently, at the lower of their fair value less estimated costs to sell and their carrying amount, with the possibility of recognizing an impairment or reversal of impairment for the difference, if applicable. When the amount of the sale less estimated costs to sell exceeds the carrying amount, the gain is not recognized until the time of disposal and derecognition.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The applicable carrying value of the financial asset is updated at the time of foreclosure, treating the foreclosed property as collateral and taking into account the corresponding credit risk hedges at the time prior to delivery. The fair value of foreclosed assets is based mainly on appraisals or valuations performed by independent experts with a maximum age of one year, or less if there are indications of impairment; in addition, by appraisal, the need to apply a discount on the asset based on its specific conditions or market conditions for such type of assets is evaluated and, in any case, the entity’s estimated sale costs are deducted.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Gains/losses on disposal of these assets and impairment losses are recognized under "Gains (losses) on non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations" in the consolidated income statement (see Note 50). Other income and expenses are classified in the income statement items according to their nature.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The income and expenses of discontinued operations generated in the year, even if they were generated prior to their classification as discontinued operations, are presented, net of the tax effect, as a single amount under "Profit (loss) after tax from discontinued operations" in the consolidated income statement. This caption also includes the results obtained on disposal (net of the tax effect).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, for those geographical areas with subsidiaries where the Group applies IAS 29 "Financial Reporting in Hyperinflationary Economies", this type of assets is being adjusted to show changes in the purchasing power of the currency due to inflation from the date of acquisition or inclusion in the consolidated balance sheet (see Note 2.2.18).</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:130%;padding-left:8.41pt">Intangible assets</span><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Goodwill</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Goodwill represents the advance payment made by the entity for future economic benefits, from assets that have not been individually identified nor separately recognized in a business combination.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Goodwill is allocated to one or more cash-generating units (CGUs) that are expected to be the beneficiaries of the synergies derived from the business combinations. CGUs represent the smallest identifiable groups of assets that generate cash flows for the Group. Goodwill is not amortized and is periodically tested for impairment (see Note 18), comparing the carrying amount of the relevant CGU - adjusted by the amount of goodwill attributable to minority interests, in the event that the Group has not chosen to measure minority interests at fair value, with its recoverable amount.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The recoverable amount of a CGU is equal to the fair value less sale costs or its value in use, whichever is greater. Value in use is calculated as the discounted value of the cash flow projections that the unit’s management estimates and is based on the latest budgets approved for the coming years. The main assumptions used in its calculation are: a growth rate to extrapolate the cash flows indefinitely, and the discount rate used to discount the cash flows, which is equal to the cost of the capital assigned to each CGU, and equivalent to the sum of the risk-free rate plus a risk premium inherent to the CGU being evaluated for impairment. If the carrying amount of the CGU exceeds the related recoverable amount, the Group recognizes an impairment loss.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Impairment losses on goodwill are recorded under "Impairment or reversal of impairment of non-financial assets - Intangible assets" (see Note 49). </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Other intangible assets</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These assets may have an indefinite useful life if it is concluded that there is no foreseeable limit to the period over which the asset is expected to generate net cash flows for the consolidated entities. In all other cases they have a finite useful life (see Note 18.2).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Intangible assets with indefinite useful lives are not amortized but are tested for impairment at least annually.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Intangible assets with a finite useful life are amortized according to the duration of this useful life, using methods similar to those used to depreciate tangible assets. Finite useful life intangible assets consist mainly of IT applications acquisition costs which have a useful life, in general, of 5 years. Internally developed software is recognized as an intangible asset when, among other requirements, it has the capacity to be used or sold, it is identifiable and its capacity to generate economic benefits in the future can be demonstrated. The amortization charge of these assets is recognized in the consolidated income statements under the heading "Depreciation and amortization" (see Note 45).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Any impairment losses on the carrying amount of these assets will be recognized under the heading “Impairment or reversal of impairment on non-financial assets- Intangible assets” in the consolidated income statements (see Note 49). The criteria used to recognize the impairment losses on these assets and, where applicable, the recovery of impairment losses recognized in prior years, are similar to those used for tangible assets.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, for those geographical areas with subsidiaries where the Group applies IAS 29 "Financial Reporting in Hyperinflationary Economies", this type of asset is being adjusted to show changes in the purchasing power of the currency due to inflation from the date of acquisition or inclusion in the consolidated balance sheet (see Note 2.2.18).</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:7.42pt">Insurance and reinsurance contracts</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group has applied IFRS 17 to insurance contracts as from January 1, 2023. IFRS 17 superseded IFRS 4 as the accounting standard applicable to the recognition, measurement and presentation of contracts that transfer significant insurance risk. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The assets and liabilities of the BBVA Group’s insurance subsidiaries are recognized according to their nature under the corresponding headings of the consolidated balance sheet.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The heading “Insurance and reinsurance assets” in the consolidated balance sheets includes the amounts that the consolidated insurance subsidiaries are entitled to receive under the reinsurance contracts entered into by them with third parties and, more specifically, the value of reinsurance covers in respect of the insurance liabilities recognized by the consolidated subsidiaries.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The heading “Liabilities under insurance and reinsurance contracts” in the consolidated balance sheets includes the liabilities recognized due to insurance contracts recorded by the consolidated subsidiaries in accordance with IFRS 17 (see Note 23).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The income or expense reported by the BBVA Group’s consolidated insurance subsidiaries on their insurance activities is recognized, in accordance with their nature, in the corresponding items of the consolidated income statements.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Definition, grouping and classification</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group evaluates whether a significant insurance risk from a third party is being accepted in its contracts, when agreeing to compensate the policyholder if a specified uncertain future event adversely affects the policyholder. Thus, it identifies those insurance contracts that fall within IFRS 17. This evaluation was already carried out by the Group under IFRS 4 for the classification of its contracts between insurance contracts and financial liabilities.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group groups insurance contracts considering the following aspects:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Whether they are subject to similar risks and are managed jointly, separating as well direct insurance and reinsurance contracts.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Their profitability or onerousness (in general, the Group classifies contracts by their profitability into two groups: onerous contracts, and non-onerous contracts or contracts without a significant possibility of becoming onerous</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:14.00pt;position:relative;top:-3.15pt;vertical-align:baseline">1</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Their year of issuance or cohort, grouping by this last criterion the contracts issued in the calendar year, i.e., between January 1 and December 31 of each year.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Since the Group chose the fair value transition approach, for long-term contracts (mainly life-risk and life-saving insurance) issued prior to the transition date of January 1, 2022, it has not been necessary to aggregate the contracts by previous cohorts. For contracts issued after the transition date, the Group classifies them by year of issuance, and therefore, the Group has not accepted the exception provided for in the adoption of the standard by the European Union on annual cohorts in products with matched cash flows</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:14.00pt;position:relative;top:-3.15pt;vertical-align:baseline">2</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group has applied the analysis on the separation of non-insurance components only to insurance contracts falling under the scope of IFRS 17, with the entities identifying within their portfolios the existence of non-insurance components, and concluding based on expert judgment whether or not they need to separate them. In the case of non-separable investment components, they are included in the asset or liability, as appropriate, but are excluded from insurance income or expenses in the income statement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The initial recognition date has been established as the earliest of: the beginning of the coverage period of the group of contracts, the date when the first payment from an insurance policyholder in the group became due, or in the case of a group of onerous contracts, when the group becomes onerous. From that date, the insurance and reinsurance contracts have been reflected in the consolidated financial statements and valued in accordance with the provisions of IFRS 17.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group derecognizes insurance contracts when the contract expires, that is, upon expiration of the contract or upon settlement of all the benefits of the contract or upon its cancellation; or when a modification is made to the terms of the contract that gives rise to derecognition.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Valuation methods</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group carries out an analysis of the limits of insurance and reinsurance contracts under IFRS 17, separately, applying the General Model (Building Block Approach) by default to all contracts, except those eligible to be valued by the Simplified Model (Premium Allocation Approach), or the Variable Fee Approach.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The General Model requires that insurance contracts be initially valued for the total of:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">fulfillment cash flows, which comprise the estimation of future cash flows discounted to reflect the time value of money, the financial risk associated, and a risk adjustment for non-financial risk that would represent the compensation required for the uncertainty associated with the amount and timing of the expected cash flows;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">and the contractual service margin (CSM), which represents the expected unearned profit from insurance contracts, which will be recognized in the entity’s income statement as the service is provided in the future, instead of being recognized at the time of the estimation.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Subsequently, the amount recognized in the consolidated balance sheet for each group of insurance contracts measured under this model comprises the liability for remaining coverage, which includes the aforementioned fulfillment cash flows and the contractual service margin, and the liability for incurred claims, which includes the cash flows from related to claims that have occurred, but have not been paid, discounted to reflect the time value of money, the financial risk associated with future cash flows, and a risk adjustment for non-financial risk that would represent the compensation required by the uncertainty associated with the amount and timing of the expected cash flows. The Group uses the General Model for the valuation of liabilities under insurance and reinsurance contracts that correspond to long-term commitments, a portfolio that represents the majority of what is recorded in the balance sheet.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group used the Simplified Model in the valuation of the liability for remaining coverage of contracts with a coverage period of one year or less, or in those contracts with a duration of more than one year but which are not expected to have a valuation significantly different from that of the General Model. Under this Simplified Model, the liability for remaining coverage is made up of the premiums received (collected), less the cash flows for the acquisition of the insurance paid, plus or minus the premiums or expected acquisition cash flows recorded in the income statement, respectively. The income statement recording is carried out on a linear basis throughout the coverage period of the contract, in the event that the accrual of income is also accrued. By default, the Group has chosen to defer acquisition expenses, although there is an option to recognize such expenses when they are incurred. In turn, the groups of contracts valued under this model have a liability for incurred claims calculated in a manner similar to that of the General Model. The Group has valued direct insurance contracts whose coverage period is less than one year, using the Simplified Model, the same method used for the valuation of assets for the reinsurance ceded. This model has also been used by the Group when the valuation under this Simplified Model does not differ significantly from that which would be produced by applying the General Model. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amount of the contracts valued following the Variable Fee Approach is residual in the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group has defined and identified for each group of contracts the hedging units to be used for the release to profit or loss of the contractual service margin, in accordance with IFRS 17, and subsequent interpretations issued by the Transition Resource Group for IFRS 17 and the related IFRIC (as defined herein). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Furthermore, the Group has chosen the accounting policy option of not changing the treatment of accounting estimates made in previous interim closings.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Discount rate</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The methodology used to obtain the discount rate differs according to the entity and portfolio to which it is applied, highlighting mainly the cases of the companies in Spain and Mexico, where the Group has greater presence (see Note 23). In the first case, the top-down approach has been mainly applied and it has been verified that the Internal Rate of Return (hereinafter “IRR”) of the entity’s asset portfolio converges with the IRR of a reference portfolio from which the European Insurance and Occupational Pensions Authority (hereinafter “EIOPA”) fundamental spread is discounted for. In the second case, the top-down approach has been used for immunized portfolios (see Glossary), eliminating the spread for credit risk through the EIOPA fundamental spread. However, in non-immunized portfolios, the bottom-up approach has been used, using the swap curve as the risk-free rate. </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Risk adjustment for non-financial risk</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The risk adjustment for non-financial risk represents the compensation required for bearing uncertainty about the amount and timing of the associated cash flows. To estimate the non-financial risk adjustment, the Group has used its own methodologies based on calculations of the Value at Risk (VaR) of the commitments associated with the Life and Non-Life businesses, using in the case of Spain a confidence level of 80% and in the case of Mexico 70%.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Onerosity</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:130%">An insurance contract is onerous at the date of initial recognition if the fulfilment cash flows allocated to the contract, any previously recognized insurance acquisition cash flows and any cash flows arising from the contract at the date of initial recognition in total are a net outflow.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group has classified the contracts valued under the General Model into onerous groups, considering the fulfillment cash flows, acquisition expenses and any other attributable cash flow. The evaluation is carried out, in general terms, contract by contract, except in those cases where it is possible to group into sets of homogeneous contracts.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Contracts valued under the Simplified Model, by default, are assumed to be non-onerous at their initial recognition, unless there are facts and circumstances that indicate otherwise, where the Group relies on information from existing internal reports (ratios and indicators) for monitoring business performance, adjusted to the criteria of IFRS 17, as well as market evolution expectations based on expert judgment. The granularity to carry out this evaluation may be the same as that used to monitor the business through the abovementioned internal reports.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the same way as the contractual service margin represents the estimated future benefit of the insurance contract, the loss component is the estimated loss of the onerous contract. The accounting record of these two concepts has a different temporality: while the margin is deferred throughout the duration of the contract according to the contractual limits, the loss component is recognized in the income statement as soon as it is known, which will result in the carrying amount of the group's liability being equal to the fulfilment cash flows and the group's contractual service margin being equal to zero.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Throughout the life of a contract, the assumptions used to project future cash flows may change and, consequently, the expected return on a contract may increase or decrease. This means that a group of contracts initially classified as onerous may become more onerous, or on the contrary, in the subsequent measurement the assumptions used to estimate the cash flows may change so much that the previously recognized loss could be reversed.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Reinsurance</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In general, the Group values reinsurance covers under the Simplified Model, valuing the asset for remaining coverage of contracts with a coverage period of one year or less, or in those contracts with a duration of more than one year, but which are not expected to produce a valuation significantly different from that of the General Model. This method also includes the asset for incurred claims.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Effect on results</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In general, for the presentation of the financial income or expenses from insurance contracts that arise as a result of the change in the discount rate, both due to the effect of the time value of money as well as the effect of financial risk, the Group has chosen the accounting policy option of disaggregating these financial income or expenses from insurance contracts between recording them in the "Net interest income" and in "Accumulated other comprehensive income (loss)", in order to minimize accounting asymmetries in the valuation and recognition of financial investments under IFRS 9 and insurance contracts under IFRS 17.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group has chosen to disaggregate the changes in the risk adjustment between financial and non-financial, so that the change in the value of the risk adjustment derived from the effect of the time value of money, and changes in it, is recorded as a financial income or expense from insurance contracts. Insurance revenue is recognized over the period the entity provides insurance coverage, excluding any investment component.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The loss component, in the case of onerous contracts, corresponds to the losses attributable to each group of contracts, both at initial recognition and at a later time.</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:7.29pt">Tax assets and liabilities</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Expenses on corporate income tax applicable to the BBVA Group’s Spanish entities and on similar income taxes applicable to consolidated foreign entities are recognized as an expense for the period in the consolidated income statement, except when they result from transactions on which the profits or losses are recognized directly in equity, in which case the related tax effect is also recognized in equity. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The total corporate income tax expense is calculated by aggregating the current tax arising from the application of the corresponding tax rate as per the tax base for the year (after deducting the tax credits or discounts allowable for tax purposes) and the change in deferred tax assets and liabilities recognized in the consolidated income statement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Deferred tax assets and liabilities include temporary differences, the carryforward of unused tax losses and carryforward of unused tax credits or discount carry forwards. These amounts are calculated by applying to each temporary difference the tax rates that are expected to apply when the asset is realized or the liability settled (see Note 19).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The "Tax Assets" line item in the consolidated balance sheets includes the amount of all the assets of a tax nature, broken down into: "Current” (amounts of tax recoverable in the next twelve months) and "Deferred" (which includes the amount of tax to be recovered in future years, including those arising from tax losses or credits for deductions or rebates that can be compensated). The "Tax Liabilities" line item in the consolidated balance sheets includes the amount of all the liabilities of a tax nature, except for provisions for taxes, broken down into: "Current” (income tax payable on taxable profit for the year and other taxes payable in the next twelve months) and "Deferred" (the amount of corporate tax payable in subsequent years).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Deferred tax liabilities attributable to taxable temporary differences associated with investments in subsidiaries, associates or joint venture entities are recognized as such, except where the Group can control the timing of the reversal of the temporary difference and it is unlikely that it will reverse in the future. Deferred tax assets are only recognized to the extent that it is probable that the consolidated entities will generate enough taxable profits to make deferred tax assets effective and do not correspond to those from initial recognition (except in the case of business combinations), which also does not affect the fiscal outcome.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The deferred tax assets and liabilities recognized are reassessed by the consolidated entities at each balance sheet date in order to ascertain whether they still qualify as deferred tax assets and liabilities, and if it is necessary to make adjustments on the basis of the findings of the analyses performed. In those circumstances in which it is unclear how a specific requirement of the tax law applies to a particular transaction or circumstance, and the acceptability of the definitive tax treatment depends on the decisions taken by the relevant taxation authority in future, the entity recognizes current and deferred tax liabilities and assets considering whether it is probable or not that a taxation authority will accept an uncertain tax treatment. Thus, if the entity concludes that it is not probable that the taxation authority will accept an uncertain tax treatment, the entity uses the amount expected to be paid to (recovered from) the taxation authorities.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The income and expense directly recognized in consolidated equity that do not increase or decrease taxable income are accounted for as temporary differences.</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:1.43pt">Provisions, contingent assets and contingent liabilities</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The heading “Provisions” in the consolidated balance sheets includes amounts recognized to cover the BBVA Group’s current obligations arising as a result of past events. These are certain in terms of nature but uncertain in terms of amount and/or settlement date. The settlement of these obligations is deemed likely to entail an outflow of resources embodying economic benefits (see Note 24). The provisions are recognized in the consolidated balance sheets when each and every one of the following requirements is met:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">They represent a current obligation that has arisen from a past event. At the date of the Consolidated Financial Statements, there is more probability that the obligation will have to be met than that it will not.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">It is probable that an outflow of resources embodying economic benefits will be required to settle the obligation.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The amount of the obligation can be reasonably estimated.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Among other items, these provisions include the commitments made to employees by some of the Group entities mentioned in Note 2.2.13, as well as provisions for tax and legal litigation.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Contingent assets are possible assets that arise from past events and whose existence is conditional on, and will be confirmed only by, the occurrence or non-occurrence of events beyond the control of the Group. Contingent assets are not recognized in the consolidated balance sheet or in the consolidated income statement; however, they will be disclosed, should they exist, in the Notes to the Consolidated Financial Statements, provided that it is probable they will give rise to an increase in resources embodying economic benefits (see Note 34).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Contingent liabilities are possible obligations of the Group that arise from past events and whose existence is conditional on the occurrence or non-occurrence of one or more future events beyond the control of the Group. They also include the existing obligations of the Group when it is not probable that an outflow of resources embodying economic benefits will be required to settle them; or when, in extremely rare cases, their amount cannot be measured with sufficient reliability. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Contingent liabilities are not recognized in the consolidated balance sheet or the income statement (excluding contingent liabilities from business combinations) but are disclosed in the Notes to the Consolidated Financial Statements, unless the possibility of an outflow of resources embodying economic benefits is remote (see Note 34).</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:4.2pt">Treasury shares</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The value of common stock issued by the BBVA Group’s entities and held by them - basically, shares and derivatives on the Bank’s shares held by some consolidated entities that comply with the requirements to be recognized as equity instruments - are recognized as a decrease to net equity, under the heading "Shareholders’ funds - Treasury shares" in the consolidated balance sheets (see Note 29).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These financial assets are recognized at acquisition cost, and the gains or losses arising on their disposal are credited or debited, as appropriate, to the heading “Shareholders’ funds - Other reserves” in the consolidated balance sheets (see Note 28).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the event of a contractual obligation to acquire treasury shares, a financial liability is recorded as the present value of the amount committed (under the heading "Financial liabilities at amortized cost - Other financial liabilities") and the corresponding recognition in net equity (under the heading “Equity - Other Reserves) (see Notes 22.5 and 28).</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:2.33pt">Equity-settled share-based payment transactions</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Equity–settled share-based payment transactions, provided they constitute the delivery of such equity instruments once completion of a specific period of services has occurred, are recognized as an expense for services being provided by employees, with a corresponding entry under the heading “Shareholders’ funds – Other equity” in the consolidated balance sheet. These services are measured at fair value for the employees services received, unless such fair value cannot be calculated reliably. In such case, they are measured by reference to the fair value of the equity instruments granted, taking into account the date on which the commitments were granted and the terms and other conditions included in the commitments.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When the initial compensation agreement includes what may be considered market conditions among its terms, any changes in these conditions will not be reflected in the consolidated income statement, as these have already been accounted for in calculating the initial fair value of the equity instruments. Non-market vesting conditions are not taken into account when estimating the initial fair value of equity instruments, but they are taken into account when determining the number of equity instruments to be issued. This will be recognized on the consolidated income statement with the corresponding increase in total consolidated equity.</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:2.25pt">Pensions and other post-employment commitments </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below we provide a description of the most significant accounting policies relating to post-employment and other employee benefit commitments assumed by BBVA Group entities (see Note 25).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Short-term employee benefits</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Benefits for current active employees which are accrued and settled during the year and for which a provision is not required in the entity´s accounts. These include wages and salaries, social security charges and other personnel expense.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Costs are charged and recognized under the heading “Administration costs – Personnel expense – Other personnel expense” of the consolidated income statement (see Note 44.1).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Post-employment benefits – Defined-contribution plans</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group sponsors defined-contribution plans for the majority of its active employees. The amount of these benefits is established as a percentage of remuneration and/or as a fixed amount.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The contributions made to these plans in each year by BBVA Group entities are charged and recognized under the heading “Administration costs – Personnel expense– Defined-contribution plan expense” of the consolidated income statement (see Note 44.1). </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Post-employment benefits – Defined-benefit plans</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Some Group entities maintain pension commitments with employees who have already retired or taken early retirement, certain closed groups of active employees still accruing defined benefit pensions, and in-service death and disability benefits provided to most active employees. These commitments are covered by insurance contracts, pension funds and internal provisions.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, some of the Spanish Group entities have offered certain employees the option to retire before their normal retirement age, recognizing the necessary provisions to cover the costs of the associated benefit commitments, which include both the liability for the benefit payments due as well as the contributions payable to external pension funds during the early retirement period.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Furthermore, certain Group entities provide welfare and medical benefits which extend beyond the date of retirement of the employees entitled to the benefits.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">All of these commitments are quantified based on actuarial valuations, with the amounts recorded under the heading “Provisions – Provisions for pensions and similar obligations” in the consolidated balance sheet and determined as the difference between the value of the defined-benefit commitments and the fair value of plan assets at the date of the consolidated financial statements (see Note 25).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Current service cost is charged and recognized under the heading “Administration costs – Personnel expense – Defined-benefit plan expense” of the consolidated income statement (see Note 44.1).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Interest credits/charges relating to these commitments are charged and recognized in net terms under the headings “Interest and other income” or, where appropriated, “Interest expense” of the consolidated income statement (see Note 37).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Past service costs arising from benefit plan changes as well as early retirements granted during the year are recognized under the heading “Provisions or reversals of provisions” of the consolidated income statement (see Note 46).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Other long-term employee benefits</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition to the above commitments, certain Group entities provide long-term service awards to their employees, consisting mainly of monetary amounts or periods of vacation granted upon completion of a number of years of qualifying service. This heading also includes the commitments related to the termination of employment contracts according to the collective layoff procedure carried out in BBVA, S.A. in 2021.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These commitments are quantified based on actuarial valuations and the amounts recorded under the heading “Provisions – Other long-term employee benefits” of the consolidated balance sheet (see Note 24).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Valuation of commitments: actuarial assumptions and recognition of gains/losses</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The present value of these commitments is determined based on individual member data. Active employee costs are determined using the “projected unit credit” method, which treats each period of service as giving rise to an additional unit of benefit and values each unit separately.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In establishing the actuarial assumptions, we take into account that: </span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">– They should be unbiased, i.e. neither unduly optimistic nor excessively conservative.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">– Each assumption does not contradict the others and adequately reflects the existing relationship between economic variables such as price inflation, expected wage increases, discount rates, etc. Future wage and benefit levels should be based on market expectations, at the balance sheet date, for the period over which the obligations are to be settled. </span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">– The interest rate used to discount benefit commitments is determined by reference to market yields, at the balance sheet date, on high quality bonds.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group recognizes actuarial gains (losses) relating to early retirement benefits, long service awards and other similar items under the heading “Provisions or reversal of provisions” of the consolidated income statement for the period in which they arise (see Note 46). Actuarial gains (losses) relating to pension and medical benefits are directly charged and recognized under the heading "Accumulated other comprehensive income (loss) – Items that will not be reclassified to profit or loss – Actuarial gains (losses) on defined benefit pension plans" of equity in the consolidated balance sheet (see Note 30).</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:1.8pt">Termination benefits</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Termination benefits are recognized in the financial statements when the BBVA Group agrees to terminate employment contracts with its employees or from the time the costs for a restructuring that involves the payment of compensation for the termination of contracts with its employees are recorded. This happens when there is a formal and detailed plan in which the fundamental modifications to be made are identified, and whenever said plan has begun to be executed or its main characteristics or objective facts about its execution have been publicly announced. </span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:2.39pt">Recognition of income and expense</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The most significant policies used by the BBVA Group to recognize its income and expense are as follows.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Interest income and expense and similar items:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a general rule, interest income and expense and similar items are recognized on the basis of their accrual using the effective interest rate method. In the particular case of inflation-indexed bonds, interest income also includes the effect of real inflation experienced in the period. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">They shall be recognized within the consolidated income statement according to the following criteria, independently from the financial instruments’ portfolio which generates the income or expense:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">The interest income past due before the initial recognition and pending to be received will be added to the gross carrying amount of the debt instrument.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">The interest income accrued after the initial recognition will be added to the gross carrying amount of the debt instrument until it will be received.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the event that a debt instrument is considered impaired, interest income will be calculated by applying the effective interest rate to the amortized cost (that is, adjusting for any impairment loss) of the financial asset.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Income from dividends received:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Dividends shall be recognized within the consolidated income statement according to the following criteria, independently from the financial instruments’ portfolio which generates this income:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">When the right to receive payment has been declared before the initial recognition and when the payment is pending to be received, the dividends will not be added to the gross carrying amount of the equity instrument and will not be recognized as income. Those dividends are accounted for as financial assets separately from the net equity instrument.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">If the right to receive payment is received after the initial recognition, the dividends from the net equity instruments will be recognized within the consolidated income statement at the time the right to receive them arises, which is the time of the official announcement of receipt of the payment by the appropriate governing body of the entity. If the dividends correspond to the profits of the issuer before the date of initial recognition, they will not be recognized as income but as reduction of the gross carrying amount of the equity instrument because it represents a partial recuperation of the investment. Amongst other circumstances, the generation date can be considered to be prior to the date of initial recognition if the amounts distributed by the issuer as from the initial recognition are higher than its profits during the same period.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Income from commissions collected/paid:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:35.43pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial fees are an integral part of the actual performance of a financing transaction and are collected in advance. They can be:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">Fees charged for the origination or acquisition of financing transactions that are not measured at fair value through profit or loss, such as those charged for the evaluation of the borrower's financial condition, for the analysis and recording of various collateral, as well as those charged for negotiating the terms of transactions or preparing and processing documentation and the closing of transactions, will be deferred and recognized over the life of the transaction as an adjustment to the performance of the transaction. These fees, forming part of the effective rate of the loans, will be deferred and recognized over the life of the transaction as an adjustment to the performance of the transaction. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">Fees agreed as compensation for the commitment to grant financing when it is not measured at fair value through profit or loss and it is probable that the Group will enter into a specific loan agreement, are deferred and recognized over the life of the transaction as an adjustment to the performance of the transaction. If the commitment expires before the entity makes the loan such fee is recognized as revenue at the time of expiration.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:35.43pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Non-financial commissions derived from the provision of financial services other than financing transactions may be:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.53pt">Related to the performance of a service rendered over time (e.g. account administration fees or fees collected in advance for the issuance or renewal of credit cards), in which case they are recognized over time based on the degree of progress in providing the service.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.12pt">Related to the performance of a service rendered at a specific time (e.g. underwriting of securities, currency exchange, advice or syndication of a loan), in which they are recognized in the income statement at the time of collection.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Non-financial income and expense:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a general rule, they are recognized on an accrual basis, that is, as the contractually committed goods or services are delivered or rendered and recognized as revenue over the life of the contract.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:35.43pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the event that consideration is received or there is a right to receive consideration without delivery of the contractually committed goods or services, a liability is recognized in the balance sheet until it is recognized in the income statement. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:35.43pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the case of collections and payments deferred over time, they are recognized for accounting purposes at the amount resulting from discounting the expected cash flows at market rates.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Commissions, fees and similar items:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Income and expense relating to commissions and similar fees are recognized in the consolidated income statement using criteria that vary according to the nature of such items. The most significant items in this regard are:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">Those relating to financial assets and liabilities measured at fair value through profit or loss, which are recognized immediately in the income statement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">Those arising from transactions or services that are provided over a period of time, which are recognized over the life of these transactions or services.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.82pt">Those relating to a singular transaction, which are recognized when this singular transaction is carried out.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Deferred collections and payments:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These are recognized for accounting purposes at the amount resulting from discounting the expected cash flows at market rates.</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:1.93pt">Sales of assets and income from the provision of non-financial services</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The heading “Other operating income” in the consolidated income statements includes the proceeds of the sales of assets and income from the services provided by the Group entities that are not financial institutions. In the case of the Group, these entities are mainly real estate and service entities (see Note 42).</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:3.05pt">Foreign-currency transactions and exchange differences</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The currency in which the Financial Statements of the BBVA Group are presented is the euro. As such, all balances and transactions denominated in currencies other than the euro are deemed to be expressed in “foreign currency”.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Conversion to euros of the balances held in foreign currency is performed in two consecutive stages:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">conversion of the foreign currency to the entity’s functional currency (currency of the main economic environment in which the entity operates); and</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">conversion to euros of the balances held in the functional currencies of the entities whose functional currency is not the euro.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Conversion of the foreign currency to the entity’s functional currency</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Transactions denominated in foreign currencies carried out by the consolidated entities (or entities accounted for using the equity method) are initially accounted for in their respective currencies. Subsequently, the monetary balances in foreign currencies are converted to their respective functional currencies using the exchange rate at the close of the financial year. In addition,</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Non-monetary items valued at their historical cost are converted to the functional currency at the exchange rate applicable on the purchase date.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Non-monetary items valued at their fair value are converted at the exchange rate in force on the date on which such fair value was determined.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Monetary items are converted to the functional currency at the closing exchange rate.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Income and expense are converted at the period’s average exchange rates for all the operations carried out during the year, except in those geographical areas where IAS 29 “Financial Reporting in Hyperinflationary Economies” applies (see Note 2.2.18). When applying this criterion the BBVA Group considers whether significant variations have taken place in exchange rates during the year which, owing to their impact on the statements as a whole, may require the application of exchange rates as of the date of the transaction instead of such average exchange rates.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The exchange differences produced when converting the balances in foreign currency to the functional currency of the consolidated entities are generally recognized under the heading "Exchange differences, net" in the consolidated income statements (see Note 41). However, the exchange differences in non-monetary items measured at fair value are recorded to equity under the heading “Accumulated other comprehensive income (loss) - Items that will not be reclassified to profit or loss - Fair value changes of equity instruments measured at fair value through other comprehensive income” in the consolidated balance sheets (see Note 30).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Conversion of functional currencies to euros</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances in the financial statements of consolidated entities whose functional currency is not the euro are converted to euros as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Assets and liabilities: at the closing spot exchange rates as of the date of each of the consolidated balance sheets.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Income and expense and cash flows are converted by applying the exchange rate applicable on the date of the transaction, and the average exchange rate for the financial year may be used, unless it has undergone significant variations during the year.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Equity items: at the historical exchange rates. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The exchange differences arising from the conversion to euros of balances in the functional currencies of the consolidated entities whose functional currency is not the euro are recognized under the heading “Accumulated other comprehensive income (loss) – Items that may be reclassified to profit or loss - Foreign currency translation” in the consolidated balance sheets (see Notes 30 and 31 respectively). Meanwhile, the differences arising from the conversion to euros of the financial statements of entities accounted for by the equity method are recognized under the heading “Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Share of other recognized income and expense of investments in joint ventures and associates" (see Note 30), until the item to which they relate is derecognized, at which time they are recognized in the income statement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The financial statements of companies of hyperinflationary economies are restated for the effects of changes in prices before their conversion to euros following the provisions of IAS 29 "Financial Reporting in Hyperinflationary Economies" (see Note 2.2.18). Both these adjustments for inflation and the exchange differences that arise when converting the financial statements of companies into hyperinflationary economies are accounted for in “Accumulated other comprehensive income (loss) – Items that may be reclassified to profit or loss - Foreign currency translation”.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the main consolidated balances in foreign currencies, with reference to the most significant foreign currencies, is set forth in Appendix VII.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Venezuela</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Local financial statements of the Group subsidiaries in Venezuela are expressed in Venezuelan bolivar and converted into euros for the consolidated financial statements. Venezuela is a country with strong exchange restrictions that has different rates officially published, and, since December 31, 2015, the Board of Directors considers that the use of official exchanges rates for converting bolivars into euros in preparing the Consolidated Financial Statements does not reflect the true picture of the financial statements of the Group and the financial position of the Group subsidiaries in this country. Therefore, since the year ended December 31, 2015, the exchange rate for converting bolivars into euros is an estimation whose calculation incorporates available market references, in order to obtain a more representative approximation of the prevailing financial conditions (see Note 2.2.18).</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:2.06pt">Entities and branches located in countries with hyperinflationary economies</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In accordance with the criteria established in IAS 29 "Financial Reporting in Hyperinflationary Economies”, to determine whether an economy has a high inflation rate the country's economic situation is examined, analyzing whether certain circumstances are fulfilled, such as whether the population prefers to keep its wealth or savings in non-monetary assets or in a relatively stable foreign currency, whether prices can be set in that currency, whether interest rates, wages and prices are pegged to a price index or whether the accumulated inflation rate over three years approaches or exceeds 100%. The fact that any of these circumstances is fulfilled will not be a decisive factor in considering an economy hyperinflationary, but it does provide some reasons to consider it as such. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Since 2022, 2018 and 2009, the economies of Turkey, Argentina and Venezuela, respectively, have been considered hyperinflationary under the above criteria. As a result, the financial statements of the BBVA Group’s entities located in such geographical areas have been adjusted to correct for the effects of inflation. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a consequence of the application of IAS 29 "Financial Reporting in Hyperinflationary Economies", the Group applies the following criteria in the financial statements of the Group companies that operate in these three geographical areas:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The historical cost of non-monetary assets and liabilities (see Notes 17, 18 and 21), assets contractually linked to changes in prices and various headings in equity are adjusted to reflect changes in the purchasing power of the currency due to inflation from their date of acquisition or inclusion in the consolidated balance sheet, or if this is later, with the limit of its recoverable value. The restatement has been made using the Consumer Price Index with "Accumulated other comprehensive income (loss)" as counterparty.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Consequently, the different lines of the income statement, within equity, are adjusted by the inflation index since their inception, with a corresponding entry under the heading "Accumulated other comprehensive income (loss)". </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The loss of the net monetary position, which represents the loss of purchasing power of the entity due to maintaining an excess of monetary assets not linked to inflation (mainly loans, credits and bonds) over monetary liabilities, is recorded in the line "Other operating expense" in the income statement and with a credit to "Accumulated other comprehensive income (loss)".</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">All the components of the financial statements of the subsidiaries are converted at the closing exchange rate, recording the conversion differences to the euro within "Accumulated other comprehensive income (loss)" as stated in IAS 21 "Effects of Changes in Foreign Exchange Rates".</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Turkey</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The combined result derived from the application of the above criteria amounted to a loss of €1,305 million in 2025, of which €1,120 million is attributable to owners of the parent (€1,498 million and €2,242 million loss attributable to owners of the parent in 2024 and 2023, respectively). This impact includes mainly the loss of the net monetary position, which amounts to a gross amount of €878 million and is recorded in the line “Other operating expense” in the consolidated income statement (€1,512 million and €2,118 million in 2024 and 2023, respectively), and it was partially offset by the positive impact of the revaluation of certain bonds linked to inflation, for a gross amount of €674 million (€1,164 million and €1,202 million in 2024 and 2023, respectively), given that, under IAS 29 "Financial Reporting in Hyperinflationary Economies", these types of bonds are considered protective assets (see Note 42).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, during 2025 the impact on equity of Group entities located in Turkey derived from the application of IAS 29 and the conversion to the euro (IAS 21) amounted to €-898 million (€1,253 million in 2024), of which €-781 million (€1,072 million in 2024) have been recorded within “Equity – Accumulated other comprehensive income (loss)”, and €-117 million (€181 million in 2024) have been recorded within “Minority interests – Accumulated other comprehensive income (loss)”, respectively (see Notes 30 and 31).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">According to the Turkish Statistical Institute (Turkstat), accumulated inflation in 2025 stood at 30.9% (44.4% and 64.8% in 2024 and 2023, respectively) and the exchange rate used as of December 31, 2025 was 50.48 Turkish lira per euro (36.74 and 32.65 in 2024 and 2023, respectively). </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Argentina</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The combined result derived from the application of the above criteria amounted to a loss of €494 million, of which €331 million is attributable to owners of the parent in 2025 (€810 million and €1,574 million loss attributable to owners of the parent in 2024 and 2023, respectively). This impact includes mainly the loss of the net monetary position, which amounts to a gross amount of €356 million and is recorded in the line “Other operating expense” in the consolidated income statement in 2025 (€1,419 million and €1,062 million in 2024 and 2023, respectively).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Furthermore, during 2025, the impact on equity of Group entities located in Argentina derived from the application of IAS 29 and the conversion to the euro (IAS 21) amounted to €-417 million (€1,115 million and €-634 million in 2024 and 2023, respectively) of which €-278 million (€745 million and €-428 million in 2024 and 2023, respectively) have been recorded within “Equity – Accumulated other comprehensive income (loss)”, and €-140 million (€370 million and €-206 million in 2024 and 2023, respectively) have been recorded within “Minority interests – Accumulated other comprehensive income (loss)” (see Notes 30 and 31).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Accumulated inflation estimated by the National Census Institute of Argentina (INDEC) and BBVA Research for the year 2025 was 30.5% (118% and 215% in 2024 and 2023, respectively) and the exchange rate used as of December 31, 2025 was 1,714.81 Argentine pesos per euro (1,072.66 and 892.81 in 2024 and 2023, respectively).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Venezuela</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The combined result derived from the application of the above criteria amounted to a loss of €75 million, of which €41 million is attributable to owners of the parent in 2025 (€20 million and €10 million attributable to owners of the parent in 2024 and 2023, respectively). This impact includes mainly a loss of the net monetary position and certain protective assets which offset such loss, which together amounts to a gross amount of €183 million, recorded in the line “Other operating expense” in the consolidated income statement in 2025 (€9 million and €28 million in 2024 and 2023, respectively).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During 2025, 2024 and 2023 the impact on equity of Group entities located in Venezuela derived from the application of IAS 29 and the conversion to the euro (IAS 21) amounted to €-81 million, €-1 million and €-22 million respectively, of which €-44 million, €-1 million and €-12 million have been recorded within "Equity – Accumulated other comprehensive income (loss)" and €-37 million, €0 million and €-10 million have been recorded within “Minority interests – Accumulated other comprehensive income (loss)" (see Notes 30 and 31).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Accumulated inflation for the year 2025, as estimated by BBVA Research, was 754% (69% and 111% in 2024 and 2023, respectively) and the exchange rate used as of December 31, 2025 was 665.04 Venezuelan bolivars per euro (68.83 and 43.23 in 2024 and 2023, respectively). In this regard, and given the lack of official inflation data from the central bank of Venezuela, the Group estimates inflation by applying an internal methodology based on the variation of the estimated exchange rate. </span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:15.17pt">Recent IFRS pronouncements </span><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:130%">Standards and interpretations that became effective in</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:130%"> </span><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:130%">2025</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2025, various amendments to the IFRS standards or their interpretations or modifications (amendments) (hereinafter “IFRIC” or "interpretation") became effective, among which the following should be highlighted:</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Amendment to IAS 21: "The Effects of Changes in Foreign Exchange Rates"</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On August 15, 2023, the IASB issued a series of amendments to IAS 21 - The Effects of Changes in Foreign Exchange Rates. The standard has a dual objective: first, to provide guidance on when one currency is convertible into another and, second, how to determine the exchange rate to use in accounting when it is concluded that such convertibility does not exist.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Regarding the first objective, a currency is convertible into another when an entity can obtain the other currency within a timeframe that allows for a normal administrative delay; and through markets or exchange mechanisms in which an exchange transaction creates enforceable rights and obligations. If the entity determines that convertibility between the currencies does not exist, it must estimate an exchange rate. The standard does not establish a specific estimation technique for these rates, but rather establishes guidelines for determining them, allowing for the use of an unadjusted observable rate or an estimation technique.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amendment to the standard came into effect on January 1, 2025, and had no impact on the BBVA Group's consolidated financial statements.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Standards and interpretations issued but not yet effective as of December 31, 2025</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following new IFRS standards and interpretations or amendments had been published at the date of preparation of the Consolidated Financial Statements, but were not mandatory as of December 31, 2025. The Group is currently evaluating the potential effects of each of these new standards or amendments. Although in some cases the IASB allows early adoption of new standards, interpretations and amendments before their effective date, the BBVA Group has not proceeded with this option for any such changes.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">IFRS 18 "Presentation and Disclosures in Financial Statements"</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On April 9, 2024, the IASB issued IFRS 18 "Presentation and Disclosures in Financial Statements" which introduces new requirements to improve the quality of information presented in financial statements and to promote analysis, transparency and comparability of companies' performance.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Specifically, IFRS 18 introduces three predefined expense categories (operating, investing and financing) and two subtotals ("operating profit" and "profit before financing and income taxes") to provide a consistent structure in the income statement and facilitate the analysis of the income statement. Additionally, it introduces disclosure requirements for management-defined performance measures (MPMs). Finally, it establishes requirements and provides guidance on aggregation/disaggregation of the information to be provided in the primary financial statements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This new standard will come into force on January 1, 2027, with early application permitted once it is adopted by the European Union.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Amendments to IFRS 9 and IFRS 7: Amendments to the classification and measurement of financial instruments</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On May 30, 2024 the IASB issued amendments to IFRS 9 and IFRS 7 to clarify, among others, how to assess the contractual cash flow characteristics of financial assets that include contingent features such as the achievement of Environmental, Social and Governance targets. Additionally, they clarify that a financial liability should be derecognized on the 'settlement date' and introduce an accounting policy option to derecognize before that date financial liabilities that are settled using an electronic payment system. Finally, additional disclosures are required by IFRS 7 for financial instruments with contingent characteristics and equity instruments classified at fair value through other comprehensive income.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amendments came into force on January 1, 2026. No significant impacts on the BBVA Group's consolidated financial statements are expected from the entry into force of the amendments. </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Annual improvements applied to International Financial Reporting Standards (IFRS) </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The IASB issued in July 2024 a number of minor amendments and improvements to various IFRSs to clarify their wording or correct minor effects, oversights or conflicts between the requirements of the Standards. The Standards affected are: IFRS 1 "First-time adoption of International Financial Reporting Standards", IFRS 7 "Financial instruments, disclosures", IFRS 9 "Financial instruments", IFRS 10 "Consolidated financial statements" and IAS 7 "Statement of cash flows". </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These modifications came into force on January 1, 2026, and a significant impact on the BBVA Group's financial statements is not expected. </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">IFRS 19 "Subsidiaries without Public Accountability: Disclosures" </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On May 9, 2024, the IASB issued IFRS 19 "Subsidiaries without Public Accountability: Disclosures" which allows certain eligible entities to elect to apply the reduced disclosure requirements of IFRS 19 while continuing to apply the requirements of recognition, valuation and presentation of other IFRS accounting standards. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This new standard will enter into force on January 1, 2027, allowing early application once it is adopted by the European Union. The Group has no entities that fall within the scope of this standard, so no significant impact on the BBVA Group´s financial statements is expected.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Amendments to IFRS 19: "Subsidiaries without Public Accountability: Disclosures"</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As stated above, IFRS 19, issued in May 2024, allows certain eligible entities to elect to apply the reduced disclosure requirements of IFRS 19 while continuing to apply the requirements of recognition, valuation and presentation of other IFRS accounting standards (including IFRS 18). With these amendments, IFRS 19 reflects the changes in IFRS that will come into effect by January 1, 2027, the date on which IFRS 19 will become applicable. In the future, IFRS 19 will be amended simultaneously with the publication or revision by the IASB of other accounting standards. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This amendment is pending approval by the European Union. No significant impact on the BBVA Group´s financial statements is expected.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Amendments to IFRS 9 and IFRS 7: Contracts that refer to nature-dependent electricity</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On December 18, 2024, the IASB issued amendments to IFRS 9 and IFRS 7 to address the accounting for renewable electricity purchase agreements. The amendments include guidance on the "own use" exemption for electricity purchasers and requirements for applying hedge accounting to these agreements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amendments came into force on January 1, 2026. No significant impacts on the BBVA Group´s financial statements are expected from the entry into force of the amendments. </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Amendments to IAS 21 "The Effects of Changes in Foreign Exchanges Rates"</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On November 13, 2025, the IASB issued a set of amendments to IAS 21 – The Effects of Changes in Foreign Exchange Rates. These amendments address how companies should translate financial information from a non-hyperinflationary functional currency to a hyperinflationary presentation currency.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Specifically, it states that a company with a non-hyperinflationary functional currency but with a hyperinflationary presentation currency must translate all amounts in the financial statements (including comparatives) using the closing exchange rate at the end of the reporting period.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amendments also require entities to disclose and provide details of the financial information related to their foreign operations affected by the proposed translation method.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amendments will become effective on January 1, 2027, once adopted by the European Union, and will be applied retrospectively. The implementation of the amendments is not expected to have any impact on the BBVA Group’s financial statements.</span></div>
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:15.26pt">Accounting principles and policies and applied valuation methods</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The accounting principles and policies and the valuation methods applied in the preparation of the consolidated financial statements may differ from those used, at the individual level, by some of the entities that are part of the BBVA Group; This is why, in the consolidation process, the necessary adjustments and reclassifications are made to standardize such principles and criteria among themselves and bring them into line with the IFRS-IASB.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In preparing the Consolidated Financial Statements, the following accounting principles and policies and assessment criteria have been applied:</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:9.56pt">Financial instruments</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On January 1, 2018, IFRS 9, which replaced IAS 39 with respect to the classification and measurement of financial assets and liabilities, credit impairment, and hedge accounting, came into force. At that time, the Group chose to continue applying IAS 39 for hedge accounting, as permitted by IFRS 9. However, the Group then decided to apply the requirements of IFRS 9 to micro hedge accounting from January 1, 2025. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Given the lack of a specific regulatory framework for macro hedges in IFRS 9, the Group continues to apply the framework established under IAS 39 for macro hedge accounting. Thus, from January 1, 2025, the Group will apply simultaneously two standards with common characteristics for hedge accounting (IAS 39 for macro hedges and IFRS 9 for micro hedges) until the International Accounting Standards Board (IASB) concludes the project to develop a specific framework for macro hedge accounting, known as the IFRS 9. Risk Mitigation Accounting (RMA) Project.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The adoption of the accounting policy for accounting for micro hedges in accordance with the requirements set out in IFRS 9 has not had any significant impact on the Group´s Consolidated Financial Statements as of the date of its implementation.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#242424;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Classification and measurement of financial assets</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Classification of financial assets</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">IFRS 9 contains three main categories for financial assets classification: measured at amortized cost, measured at fair value with changes through other comprehensive income, and measured at fair value through profit or loss.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The classification of financial instruments in the categories of amortized cost or fair value depends on the business model with which the entity manages the assets and the contractual characteristics of the cash flows, commonly known as the "solely payments of principal and interest" criterion (hereinafter the "SPPI").</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The assessment of the business model should reflect the way the Group manages groups of financial assets and does not depend on the intention for an individual instrument. Thus, for each entity within the BBVA Group there are different business models for managing assets.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In order to determine the business model, the following aspects are taken into account:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The way in which the performance of the business model (and that of the assets which comprise such business model) is evaluated and reported to the entity's key personnel.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The risks and their management, which affect the performance of the business model.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The way in which business model managers are remunerated.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The frequency, amount and timing of sales in previous years, the reasons for such sales and expectations regarding future sales.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In this sense, the Group has established policies and has developed procedures in each geographical area to determine when the sales of financial assets classified in the amortized cost category are considered infrequent (even when significant), or are insignificant (even when frequent), to ensure compliance with such business model.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Furthermore, it is considered that any sales that may occur because the financial asset is close to maturity, due to an increase in credit risk, or to satisfy liquidity needs, are compatible with the amortized cost model.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Regarding the SPPI test, the analysis of the cash flows aims to determine whether the contractual cash flows of the assets correspond only to payments of principal and interest on the principal amount outstanding at the beginning of the transaction. Interest is understood here as the consideration for the time value of money; and for the credit risk associated with the principal amount outstanding during a specific period; and for financing and structure costs, plus a profit margin.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The most significant judgments used by the Group in evaluating compliance with the conditions of the SPPI test are the following:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Modified time value: in the event that a financial asset includes a periodic interest rate adjustment but the frequency of this adjustment does not coincide with the term of the reference interest rate (e.g., the interest rate reset every six months to a one-year rate), the Group assesses, at the time of the initial recognition, this mismatch to determine whether the contractual cash flows (undiscounted) differ significantly or not from the cash flows (undiscounted) of a benchmark financial asset, for which there would be no change in the time value of money. The defined tolerance thresholds are 10% for the differences in each period and 5% for the analysis accumulated throughout the financial asset life.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Contractual clauses: the contractual clauses that can modify the calendar or the amount of the contractual cash flows are analyzed to verify if the contractual cash flows that would be generated during the life of the instrument due to the exercise of those clauses are only payments of principal and interest on the principal amount outstanding. To do this, the contractual cash flows that may be generated before and after the modification are analyzed.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The main criteria taken into account in the analysis are:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:85.6pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.85pt">Early termination clauses: generally, a contractual clause that permits the debtor to prepay a debt instrument before maturity is consistent with SPPI when the prepayment amount substantially represents unpaid amounts of principal and interest on the principal amount outstanding (which may include reasonable additional compensation for the early termination of the contract).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:85.6pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.44pt">Instruments with an interest rate linked to contingent events: </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:108pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">an instrument whose interest rate is reset to a higher rate if the debtor misses a particular payment may meet the SPPI criterion because of the relationship between missed payments and an increase in credit risk.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:108pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">an instrument with contractual cash flows that are indexed to the debtor’s performance – e.g. net income or is adjusted based on a certain index or stock market value would not meet the SPPI criterion.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:85.6pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:7pt">Perpetual instruments: to the extent that they can be considered instruments with continuous (multiple) extension options, they meet the SPPI test if the contractual flows meet it. When the issuer can defer the payment of interest, if such payment would affect their solvency, they would meet the SPPI test if the deferred interest accrues additional interest, while if they do not, they would not meet the test.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Non-recourse financial instruments: In the case of debt instruments that are repaid primarily with the cash flows of specific assets or projects and the debtor has no legal responsibility, the underlying assets or cash flows are evaluated to determine whether the contractual cash flows of the instrument are consistent with payments of principal and interest on the principal amount outstanding.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:85.6pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.85pt">If the contractual terms do not give rise to additional cash flows to payments of principal and interest on the amount of principal outstanding or limitations to these payments, the SPPI test is met.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:85.6pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.44pt">If the debt instrument effectively represents an investment in the underlying assets and its cash flows are inconsistent with principal and interest (because they depend on the performance of a business), the SPPI test is not met.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Contractually linked instruments: a look-through analysis is carried out in the case of transactions that are set through the issuance of multiple financial instruments forming tranches that create concentrations of credit risk (e.g., securitizations) in which there is an order of priority that specifies how the flows of cash generated by the underlying set of financial instruments are allocated to the different tranches. The debt tranches of the instrument will comply with the requirement that their cash flows represent only payment of principal and interest on the outstanding principal if:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:85.6pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.85pt">the contractual terms of the tranche being assessed for classification (without looking through to the underlying pool of financial instruments) give rise to cash flows that are solely payments of principal and interest on the principal amount outstanding;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:85.6pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.44pt">the underlying pool of financial instruments comprises instruments with cash flow that are solely payments of principal and interest on the principal amount outstanding; and</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:85.6pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:7pt">the exposure to credit risk in the underlying pool of financial instruments inherent in the tranche is equal to or lower than the exposure to credit risk of the underlying pool of financial instruments (for example, the credit rating of the tranche being assessed for classification is equal to or higher than the credit rating that would apply to a single tranche that funded the underlying pool of financial instruments).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In any event, the contractual conditions that, at the time of the initial recognition, have a minimal effect on cash flows or depend on the occurrence of exceptional and highly unlikely events do not prevent compliance with the conditions of the SPPI test.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the specific case of loans granted by the BBVA Group where the financial remuneration is linked to the compliance with certain environmental, social and governance (hereinafter "ESG") conditions and criteria, the Group considers that the impact of compliance with the ESG criteria on the interest rate applied to the transactions is very limited and, therefore, meets the condition that it has a minimal effect on cash flows. Therefore, the existence of these ESG-linked clauses would not entail non-compliance with the aforementioned SPP test.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Based on the above characteristics, financial assets will be classified and valued as described below.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A debt instrument will be classified in the amortized cost portfolio if the two following conditions are fulfilled:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">the financial asset is managed within a business model whose purpose is to maintain the financial assets to maturity, to receive contractual cash flows; and</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">the contractual conditions of the financial asset give rise to cash flows that are only payments of principal and interest.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A debt instrument will be classified in the portfolio of financial assets at fair value with changes through other comprehensive income if the two following conditions are fulfilled:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">the financial asset is managed within a business model whose purpose combines collection of the contractual cash flows and sale of the assets; and</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">the contractual characteristics of the instrument generate cash flows which only represent the return of the principal and interest.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A debt instrument will be classified at fair value with changes in profit and loss provided that the entity's business model for their management or the contractual characteristics of its cash flows do not require classification into one of the portfolios described above.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In general, equity instruments will be measured at fair value through profit or loss. However the Group may make an irrevocable election, at initial recognition to present subsequent changes in the fair value through “other comprehensive income”.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial assets will only be reclassified when BBVA Group decides to change the business model. In this case, all of the financial assets assigned to this business model will be reclassified. The change of the objective of the business model should occur before the date of the reclassification.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Measurement of financial assets</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">All financial instruments are initially recognized at fair value, plus, those transaction costs which are directly attributable to the issue of the particular instrument, with the exception of those financial assets which are classified at fair value through profit or loss. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">All changes in the value of financial assets due to the interest accrual and similar items are recorded in the headings "Interest and other income" or "Interest expense", of the consolidated income statement of the year in which the accrual occurred (see Note 37), except for trading derivatives that are not economic and accounting hedges.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes in fair value after the initial recognition, for reasons other than those mentioned in the preceding paragraph, are treated as described below, according to the categories of financial assets.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">“Financial assets held for trading”, “Non-trading financial assets mandatorily at fair value through profit or loss” and “Financial assets designated at fair value through profit or loss”</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial assets are recorded under the heading “Financial assets held for trading” if the objective of the business model is to generate gains by buying and selling these financial instruments or to generate short-term results. The financial assets recorded in the heading “Non-trading financial assets mandatorily at fair value through profit or loss" either have contractual cash flows that do not met the conditions of the SPPI test, or are not covered by a business model whose objective is either (i) to hold financial assets to collect contractual cash flows or (ii) achieved by collecting contractual cash flows and selling financial assets. Financial assets are classified in “Financial assets designated at fair value through profit or loss” only if such classification eliminates or significantly reduces a measurement or recognition inconsistency that would otherwise arise from recognizing or measuring such financial assets on different bases.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The assets recognized under these headings of the consolidated balance sheet are measured upon acquisition at fair value and changes in the fair value (gains or losses and foreign exchange differences) are recognized as their net value, when applicable, under the headings “Gains (losses) on financial assets and liabilities held for trading, net”, “Gains (losses) on non-trading financial assets mandatorily at fair value through profit or loss, net” and “Gains (losses) on financial assets designated at fair value through profit or loss, net” in the consolidated income statement (see Note 41).</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">"Financial assets at fair value through other comprehensive income”</span></div><div style="margin-bottom:9pt;margin-top:9pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Debt instruments</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Assets recognized under this heading in the consolidated balance sheets are measured at their fair value. This category of valuation implies the recognition of the information in the income statement as if it were an instrument valued at amortized cost, while the instrument is valued at fair value in the balance sheet. Thus, both interest income on these instruments and the exchange differences and impairment that arise in their case are recorded in the profit and loss account, while subsequent changes in its fair value (gains or losses) are recognized temporarily (by the amount net of tax effect) under the heading “Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Fair value changes of debt instruments measured at fair value through other comprehensive income” in the consolidated balance sheets (see Note 30).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amounts recognized under the headings “Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Fair value changes of debt instruments measured at fair value through other comprehensive income” continue to form part of the Group's consolidated equity until the corresponding asset is derecognized from the consolidated balance sheet or until a loss allowance is recognized on the corresponding financial instrument. If these assets are sold, these amounts are derecognized and included under the headings “Gains (losses) on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net” in the consolidated income statements (see Note 41).</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The net loss allowances in “Financial assets at fair value through other comprehensive income” over the year are recognized under the heading “Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification - Financial assets at fair value through other comprehensive income” (see Note 47) in the consolidated income statement for the year. Interest income on these instruments is recorded in the consolidated income statement (see Note 37). Changes in foreign exchange rates are recognized under the heading “Exchange differences, net" in the consolidated income statements (see Note 41).</span></div><div style="margin-bottom:9pt;margin-top:9pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Equity instruments</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">At the time of initial recognition of specific investments in equity instruments, the BBVA Group may make the irrevocable decision to present subsequent changes in fair value in other comprehensive income. Subsequent changes in this valuation will be recognized in "Accumulated other comprehensive income (loss)- Items that will not be reclassified to profit or loss - Fair value changes of equity instruments measured at fair value through other comprehensive income" (see Note 30). Dividends received from these investments are recorded in the heading "Dividend income" in the consolidated income statement (see Note 38). These instruments are not subject to the impairment model of IFRS 9.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">“Financial assets at amortized cost”</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The assets under this category are subsequently measured at amortized cost, after initial recognition, using the "effective interest rate" method. In the case of floating rate instruments, including inflation-linked bonds, the periodic updates of cash flows to reflect the movement of interest rates and inflation impact the effective interest rate prospectively.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Net loss allowances of assets recorded under these headings arising in each year, calculated using the IFRS 9 model, are recognized under the heading “Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification – Financial assets measured at amortized cost” in the consolidated income statement for such year (see Note 47).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Classification and measurement of financial liabilities</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Classification of financial liabilities</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial liabilities are classified in the following categories:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Financial liabilities at amortized cost;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Financial liabilities that are held for trading, including derivatives, are financial instruments which are recorded in this category when the Group’s objective is to generate gains by buying and selling these financial instruments or generate short-term results; and</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Financial liabilities that are designated at fair value through profit or loss on initial recognition under the Fair Value Option. The Group has the option to designate irrevocably, on the initial moment of recognition, a financial liability at fair value through profit or loss provided that doing so results in the elimination or significant reduction of measurement or recognition inconsistency, or if a group of financial liabilities, or a group of financial assets and financial liabilities, has to be managed, and its performance evaluated, on a fair value basis in accordance with a documented risk management or investment strategy.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Measurement of financial liabilities</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial liabilities are initially recorded at fair value, less transaction costs that are directly attributable to the issuance of instruments, except for financial instruments that are classified at fair value through profit or loss.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Variations in the value of financial liabilities due to the interest accrual and similar items are recorded in the headings “Interest and other income” or “Interest expense”, of the consolidated income statement for the year in which the accrual occurred (see Note 37), except for trading derivatives that are not economic and accounting hedges.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes in fair value after the initial recognition, for reasons other than those mentioned in the preceding paragraph, are treated as described below, according to the categories of financial liabilities.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">“Financial liabilities held for trading” and “Financial liabilities designated at fair value through profit or loss“</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The subsequent changes in the fair value (gains or losses) of the liabilities recognized under these headings of the consolidated balance sheets are recognized as their net value under the headings “Gains (losses) on financial assets and liabilities held for trading, net” and “Gains (losses) on financial assets and liabilities designated at fair value through profit or loss, net” in the consolidated income statements (see Note 41). The changes in the own credit risk of the liabilities designated under the fair value option is presented in “Accumulated other comprehensive income (loss) – Items that will not be reclassified to profit or loss – Fair value changes of financial liabilities at fair value through profit or loss attributable to changes in their credit risk”, unless this treatment brings about or increases an asymmetry in the income statement.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">“Financial liabilities at amortized cost”</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The liabilities under this category are subsequently measured at amortized cost, using the “effective interest rate” method.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">“Hybrid financial liabilities”</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When a financial liability contains an embedded derivative, the Group analyzes whether the economic characteristics and risks of the embedded derivative and the host instrument are closely related.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">If the characteristics and risks of the host and the derivative are closely related, the instrument as a whole will be classified and measured according to the general rules for financial liabilities. If, on the other hand, the economic characteristics and risks of the embedded derivative are not closely related to the economic characteristics and risks of the host, its terms meet the definition of a derivative and the hybrid contract is not measured at fair value with changes in fair value recognized in profit or loss, the embedded derivative shall be separated from the host and accounted for as a derivative separately at fair value with changes in profit and loss and the host instrument classified and measured according to its nature.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">“Derivatives – Hedge Accounting” and “Fair Value Changes of the Hedged Items in Portfolio Hedges of Interest Rate Risk”</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With the aim of improving the alignment between risk management and its presentation in the financial statements, the Group has decided to apply IFRS 9 for micro hedge accounting, instead of IAS 39, from January 1, 2025. Prior to the transition date, the Group was applying IAS 39 for micro hedge accounting. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group uses hedging derivatives as a tool for managing financial risks, mainly interest rate risk and exchange rate risk(see Note 7).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">To cover these risks, the Group uses, among others, the following hedging instruments:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Interest rate derivatives to convert interest rate exposures into fixed or variable rates.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Foreign exchange derivatives to convert foreign currency exposures to the entity's currency and net investment exposures to the local currency.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In some hedging relationships, the Group additionally designates inflation risk as a contractually specified component of a debt instrument (e.g., inflation-linked bonds).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For these economic hedges to be recognized as hedge accounting, they must meet certain requirements established under both IAS 39 and IFRS 9. These requirements include clear identification of the hedged items and hedging instruments, an assessment of the hedge's effectiveness over time, and adequate documentation supporting the Group's intention to manage its risk through these instruments. Only when these criteria are met can financial derivatives be accounted for as hedge accounting, allowing for an accounting treatment that more accurately reflects the Group's risk management strategy (see Note 15).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Hedge accounting maintains a similar accounting scheme under both IAS 39 and IFRS 9. Hedge ineffectiveness, defined as the difference between the change in value of the hedging instrument and the hedged item attributable to the hedged risk in each period is recorded in the consolidated income statement (or other comprehensive income, if the hedging instrument hedges an equity instrument for which an entity has elected to present changes in fair value in other comprehensive income) (see Notes 15 and 41).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group discontinues hedge accounting when the hedging instrument expires or is sold, or when the hedging relationship no longer meets the qualifying criteria. However, if a hedge no longer meets the qualifying criteria but the risk management objective remains unchanged, IFRS 9 allows the Group to assess whether to adjust the hedge ratio in order to re-establish compliance with the effectiveness requirements. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Under IAS 39, hedge effectiveness is assessed both retrospectively and prospectively, ensuring that it remains within a range of 80% to 125%. However, IFRS 9 eliminates the strict 80%-125% effectiveness range requirement, allowing qualitative prospective assessments if there is an economic relationship between the hedged item and the hedging instrument, and credit risk does not exert a dominant effect on changes in the value of either the hedged item or the hedging instrument. The BBVA Group has chosen to continue applying the 80%-125% range as a measure for assessing hedge effectiveness, and may rebalance the hedge without discontinuing hedges if this range is not maintained, as described below.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The variations that occur, after the designation of the hedge, in the valuation of the financial instruments designated as hedged items and the financial instruments designated as accounting hedging instruments are recorded as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In fair value hedges, the differences arising in the fair value of the derivative and the hedged instrument attributable to the hedged risk are recognized directly under the line item ‘Gains (losses) from hedge accounting, net’ in the consolidated income statement. In the specific case of interest rate hedges, interest cash flows are included under the line item ‘Interest and other income’ or under ‘Interest expense’ in the consolidated income statement), or in ’Other comprehensive income (loss)’ if it is a hedge of equity instruments measured at fair value through ’Other comprehensive income (loss)’; with the corresponding entry being recorded in the consolidated balance sheet line items in which the hedging instrument (‘Derivatives – hedge accounting’) or the hedged item is recognized, as applicable (see Note 37). </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In fair value hedges of interest rate risk on a portfolio of financial instruments (“macro hedges”), gains or losses arising from the measurement of the hedging instrument are recognized directly in the consolidated income statement with an offsetting entry made under the heading “Derivatives – Hedge accounting” and gains or losses arising from the change in the fair value of the hedged item (attributable to the hedged risk) are also recorded in the consolidated income statement (in both cases, under the heading “Gains (losses) from hedge accounting, net”), with an offsetting entry made in the heading “Fair value changes of the hedged items in portfolio hedges of interest rate risk” of the asset or liability in the consolidated balance sheet, depending on the nature of the hedged item.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In cash flow hedges, the valuation differences arising in the effective hedge portion of the hedging items are temporarily recorded under the heading "Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Hedging derivatives. Cash flow hedges (effective portion)" in the consolidated balance sheet, with an offsetting entry made in the "Derivatives - Hedge accounting" headings of the asset or liability sections in the consolidated balance sheet, as applicable. These differences are recognized in the consolidated income statement when the gain or loss on the hedged item is recorded in profit or loss, when the forecast transactions are executed, or on the maturity date of the hedged item. Almost all of the Group's cash flow hedges are interest rate and inflation hedges for financial instruments, so the amount recorded in other accumulated comprehensive income will be reclassified in results under the headings "Interest and other income" or "Interest expense" in the consolidated income statement (see Note 37). </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The differences in the value of the hedging instrument corresponding to the ineffective portion of cash flow hedging transactions are recorded directly under the heading “Gains (losses) from hedge accounting, net” in the consolidated income statement (see Note 41).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In the hedge of net investments in foreign operations, valuation differences arising in the effective portion of the hedging items are temporarily recorded under the heading "Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Hedge of net investments in foreign operations (effective portion)" in the consolidated balance sheet, with an offsetting entry made under "Derivatives - Hedge accounting" in the asset or liability sections of the consolidated balance sheet, as applicable. These valuation differences are recognized in the consolidated income statement when the foreign investment is disposed of or removed from the consolidated balance sheet (see Note 41).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The other relevant new features introduced by IFRS 9 and applicable from January 1, 2025, are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">It provides flexibility in the items that can be hedged (for example, it enables the hedging of net positions, aggregate positions, and specific risk components in non-financial items).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">It introduces the accounting treatment of "cost of hedging", allowing components of hedging instruments such as forward elements, the time value of options, or the base spread to be excluded from the hedge. These values can be recognized in other comprehensive income, thereby reducing volatility in the consolidated income statement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">It allows for the rebalancing of hedges without the need for discontinuations in hedge accounting, provided that the relationship between the hedging instrument and the hedged item is adjusted, and that the risk management objective is maintained.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">For fair value hedges on equity instruments recorded at fair value through other comprehensive income, the differences in the fair value of the derivative are recorded in “Accumulated other comprehensive income (loss)”, thereby minimizing the impact on profit or loss for the period. </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Loss allowances on financial assets</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The “expected losses” impairment model is applied to financial assets valued at amortized cost, debt instruments valued at fair value with changes in accumulated other comprehensive income, financial guarantee contracts and other commitments. All financial instruments valued at fair value through profit or loss are excluded from the impairment model.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The standard classifies financial instruments into three categories, which depend on the evolution of their credit risk from the moment of initial recognition and which establish the calculation of the credit risk allowance. </span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stage 1 – without significant increase in credit risk</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial assets which are not considered to have significantly increased in credit risk have loss allowances measured at an amount equal to the expected credit loss that arises from all possible default events within 12 months following the presentation date of the financial statements (12 month expected credit losses).</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stage 2 – significant increases in credit risk</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When the credit risk of a financial asset has increased significantly since the initial recognition, the loss allowances of that financial instrument is calculated as the expected credit loss during the entire life of the asset. That is, they are the expected credit losses that result from all possible default events during the expected life of the financial instrument.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stage 3 – impaired</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When there is objective evidence that the instrument is credit-impaired, the financial asset is transferred to this category in which the provision for losses of that financial instrument is calculated, as in </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">Stage</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> 2, as the expected credit loss during the entire life of the asset.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When the recovery of any recognized amount is considered remote, such amount is written-off on the consolidated balance sheet, without prejudice to any actions that may be taken in order to collect the amount until the rights extinguish in full either because it is time-barred debt, the debt is forgiven, or other reasons.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group has applied the following definitions:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Credit-impaired asset</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">An asset is credit-impaired (</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">stage</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> 3) if one or more events have occurred and they have a detrimental impact on the estimated future cash flows of the asset.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The definition of impaired asset under IFRS 9 is currently aligned with that of default used by the Group both for internal credit risk management and for regulatory purposes, in accordance with the definitions established in the European Banking Authority (hereinafter "EBA") Guidelines and in Article 178 of Regulation (EU) No 575/2013 (CRR). This alignment facilitates the integration of both definitions in credit risk management, giving coherence and consistency in the processes.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The determination of an asset as impaired and its classification in stage 3 is based exclusively on the risk of default, without considering the effects of credit risk mitigating measures such as guarantees and collaterals. Specifically, the following financial assets are classified in stage 3:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">Impaired assets for objective reasons or delinquency: when there are unpaid amounts of principal or interest for more than 90 days.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36.28pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">According to IFRS 9, the 90-days past due default is a presumption that can be rebutted in those cases where the entity considers, based on reasonable and supportable information, that it is appropriate to use a longer term. As of December 31, 2025, the Group has not used terms exceeding 90 days past due.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.12pt">Impaired assets for subjective reasons (other than delinquency): when circumstances are identified that show, even in the absence of defaults, that it is not probable that the debtor will fully comply with its financial obligations. For this purpose, the following indicators are considered, among others:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">Significant financial difficulties of the issuer or the borrower.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Granting by the lender or lenders to the borrower, for economic or contractual reasons related to the latter's financial difficulties, of concessions or advantages that they would not have otherwise granted.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Breach of contractual clauses, such as events of default or default.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Increasing probability that the borrower will go into bankruptcy or some other situation of financial reorganization.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Disappearance of an active market for the financial asset due to financial difficulties.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Others that may affect the committed cash flows such as the loss of the debtor's license or that it has committed fraud.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Generalized delay in payments. In any case, this circumstance exists when, during a continuous period of 90 days prior to the reporting date, a material amount has remained unpaid.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Sales of credit exposures of a client with a significant economic loss will imply that the rest of its operations are considered impaired.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Relating to the granting of concessions due to financial difficulties, it is considered that there is an indicator of unlikeliness to pay, and therefore the client must be considered impaired, when the refinancing or restructuring measures may result in a diminished financial obligation caused by a forgiveness or material deferral of principal, interest or fees. Specifically, unless proven otherwise, transactions that meet any of the following criteria will be reclassified to the category of impaired assets:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:70.3pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.85pt">Irregular repayment schedule.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:70.3pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.44pt">Contractual clauses that delay the repayment of the loan through regular payments. Among others, grace periods of more than two years for the amortization of the principal will be considered clauses with these characteristics.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:70.3pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:7pt">Amounts of principal or interest written off from the balance sheet as its recovery is considered remote.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In any case, a restructuring will be considered impaired when the reduction in the net present value of the financial obligation is greater than 1%.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Credit risk management for wholesale counterparties is carried out at the customer (or group) level. For this reason, the classification of any of a client's material exposures as impaired, whether due to more than 90 days of default or due to any of the subjective criteria, implies the classification as impaired of all the client's exposures. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Regarding retail clients, which are managed at the individual loan level, the scoring systems review their score, among other factors, in the event of a breach in any of their operations or incurring generalized delays in payments, which also triggers the necessary recovery actions. Among them are the refinancing measures that, where appropriate, may lead to all the client's operations being considered impaired. Furthermore, given the granularity of the retail portfolios, the differential behavior of these clients in relation to their products and collateral provided, as well as the time necessary to find the best solution, the Group has established as an indicator that when a transaction of a retail client is in default in excess of 90 days or shows a general delay in payments and this represents more than 20% of the client's total balance, all its transactions are considered impaired.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When transactions involving entities related to a client enter stage 3, including entities of the same group and entities holding a relationship of economic or financial dependence, the transactions of the client will also be classified as stage 3, if reasonable doubts as to the full payment of their loans is determined to exist following the relevant analysis.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The stage 3 classification will be maintained for a cure period of 3 months from the disappearance of all indicators of impairment during which the client must demonstrate good payment behavior and an improvement in their credit quality in order to corroborate the disappearance of the causes that motivated the classification of the debt as impaired. In the case of refinancing and restructuring, the cure period is one year (see Note 7.2.7 for more details).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These criteria are aligned in all the geographical areas of the Group, maintaining only minor differences to facilitate the integration of management at the local level.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Significant increase in credit risk </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The objective of the impairment requirements is to recognize lifetime expected credit losses for financial instruments for which there have been significant increases in credit risk since initial recognition considering all reasonable and supportable information, including that which is forward-looking. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The model developed by the Group for assessing the significant increase in credit risk has a two-prong approach that is applied globally (for more detail on the methodology used, see Note 7.2.1):</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Quantitative criterion: the Group uses a quantitative analysis based on comparing the current expected probability of default over the life of the transaction with the original adjusted expected probability of default, so that both values are comparable in terms of expected default probability for their residual life. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Qualitative criterion: most indicators for detecting significant risk increase are included in the Group's systems through rating and scoring systems or macroeconomic scenarios, so the quantitative analysis covers the majority of circumstances. The Group uses additional qualitative criteria to identify significant increase in credit risk and thus, to include circumstances that are not reflected in the rating/score systems or macroeconomic scenarios used. Such qualitative criteria are the following:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">More than 30 days past due. According to IFRS 9, default of more than 30 days is a presumption that can be rebutted in those cases in which the entity considers, based on reasonable and documented information, that such non-payment does not represent a significant increase in risk. As of December 31, 2025, the Group has not considered periods higher than 30 days.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">Watch List: They are subject to special watch by the Risk units because they show negative signs in their credit quality, even though there may be no objective evidence of impairment.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.82pt">Refinance or restructuring that does not show evidence of impairment, or that, having been previously identified, the existence of significant increase in credit risk may still exist.</span></div><div style="margin-bottom:18pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Although the standard introduces a series of operational simplifications, also known as practical solutions, for analyzing the increase in significant risk, the Group does not use them as a general rule. However, for high-quality assets, mainly related to certain government institutions and bodies, the standard allows for considering that their credit risk has not increased significantly because they have a low credit risk at the presentation date. This possibility is limited to those financial instruments that are classified as having high credit quality and to contracts with a current annualized probability of default (PD) of less than 0.3%. This does not prevent these assets from being assigned the credit risk coverage that corresponds to their classification as stage 1 based on their credit rating and macroeconomic expectations.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Method for calculating Expected Credit Loss (ECL)</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Method for calculating expected loss</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The measurement of expected losses must reflect:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">a considered and unbiased amount, determined by evaluating a range of possible results;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">the time value of money; and</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">reasonable and supportable information that is available without undue cost or effort and that reflects current conditions and forecasts of future economic conditions.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Expected losses are measured both individually and collectively.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The individualized estimate of credit losses results from calculating the difference between the expected cash flows discounted at the effective interest rate of the transaction and the carrying amount of the instrument (see Note 7.2.1).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For the collective measurement of expected losses the instruments are classified into groups of assets based on their risk characteristics. Exposure within each group is grouped according to credit risk common characteristics, which indicate the payment capacity of the borrower according to the contractual conditions. These risk characteristics have to be relevant in estimating the future flows of each group. The characteristics of credit risk may consider, among others, the following factors (see Note 7.2.1):</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">type of instrument;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">rating or scoring tools;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">credit risk scoring or rating;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">type of collateral;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">amount of time at default for stage 3;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">segment;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">qualitative criteria which can have a significant increase in risk;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">collateral value if it has an impact on the probability of a default event.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The estimated losses are derived from the following parameters:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">PD: estimate of the probability of default in each period.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">LGD: estimate of the loss in case of default, calculated as the difference between the contractual cash flows and receivables, including guarantees. For these purposes, the probability of executing the guarantee, the moment until its ownership and subsequent realization are achieved, the expected cash flows and the acquisition and sale costs, are considered in the estimation.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">EAD: estimate of the exposure in case of default in each future period, taking into account the changes in exposure after the closing date of the financial statements. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">CCF: cash conversion factor is the estimate made on off-balance sheet contractual arrangements to determine the exposure subject to credit risk in the event of a default.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">At the BBVA Group, the calculated expected credit losses are based on internal models developed for all portfolios within the IFRS 9 scope, except for the cases that are subject to individual analysis.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The calculation and recognition of expected credit losses includes exposures with governments and credit institutions, for which, despite having a reduced number of defaults in the information databases, internal models have been developed, considering, as sources of information, the data provided by external rating agencies or other observed in the market, such as changes in bond yields, prices of credit default swaps or any other public information on them.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Use of present, past and future information</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">IFRS 9 requires incorporation of present, past and future information to detect any significant increase in risk and measure expected loss, which must be carried out on a weighted probability basis.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The standard does not require identification of all possible scenarios for measuring expected loss. However, the probability of a loss event occurring and the probability it will not occur have to be considered, even though the possibility of a loss may be very low. To achieve this, the Group generally evaluates the linear relationship between its estimated loss parameters (PD, LGD and EAD) with the historical and future forecasts of the macroeconomic scenarios. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, when there is no linear relation between the different future economic scenarios and their associated expected losses, more than one future economic scenario must be used for the measurement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The approach taken by the Group consists of using a methodology based on the use of three scenarios. The first is the most probable scenario (base scenario) that is consistent with that used in the Group's internal management processes, and two additional ones, one more positive and the other more negative. The combined outcome of these three scenarios is calculated considering the weight given to each of them. The main macroeconomic variables that are valued in each of the scenarios for each of the geographical areas in which the Group operates are the Gross Domestic Product (hereinafter "GDP"), the real estate price index, interest rates and the unemployment rate. The main goal of the Group's approach is seeking the greatest predictive capacity with respect to the first two variables (see Note 7.2.1).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Derecognition of the balance due to impairment of financial assets (write-offs)</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Debt instruments are classified as written-off once, after being analyzed, it is reasonably considered that their recovery is remote due to the notorious and irrecoverable deterioration of the solvency of the client involved in the operation. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Based on their procedures and particularities, the Group entities recognize financial assets as a write-off where, following their analysis, there are no reasonable expectations of recovery of the debt, taking into account aspects such as: the time elapsed since the classification as doubtful debt due to delinquency, the coverage levels achieved, type of portfolio or product, bankruptcy status of the holder and the existence of guarantees, their valuation and execution capacity. In those cases where the guarantee is significant, there is the possibility of making partial write-offs on the non-guaranteed portion.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The classification of a financial asset as written-off, entails the recognition of losses for the carrying amount of the related debt and results in a derecognition in the same amount from the balance sheet (see Note 7.2.5).</span></div>
<div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">“Derivatives – Hedge Accounting” and “Fair Value Changes of the Hedged Items in Portfolio Hedges of Interest Rate Risk”</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With the aim of improving the alignment between risk management and its presentation in the financial statements, the Group has decided to apply IFRS 9 for micro hedge accounting, instead of IAS 39, from January 1, 2025. Prior to the transition date, the Group was applying IAS 39 for micro hedge accounting. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group uses hedging derivatives as a tool for managing financial risks, mainly interest rate risk and exchange rate risk(see Note 7).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">To cover these risks, the Group uses, among others, the following hedging instruments:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Interest rate derivatives to convert interest rate exposures into fixed or variable rates.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Foreign exchange derivatives to convert foreign currency exposures to the entity's currency and net investment exposures to the local currency.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In some hedging relationships, the Group additionally designates inflation risk as a contractually specified component of a debt instrument (e.g., inflation-linked bonds).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For these economic hedges to be recognized as hedge accounting, they must meet certain requirements established under both IAS 39 and IFRS 9. These requirements include clear identification of the hedged items and hedging instruments, an assessment of the hedge's effectiveness over time, and adequate documentation supporting the Group's intention to manage its risk through these instruments. Only when these criteria are met can financial derivatives be accounted for as hedge accounting, allowing for an accounting treatment that more accurately reflects the Group's risk management strategy (see Note 15).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Hedge accounting maintains a similar accounting scheme under both IAS 39 and IFRS 9. Hedge ineffectiveness, defined as the difference between the change in value of the hedging instrument and the hedged item attributable to the hedged risk in each period is recorded in the consolidated income statement (or other comprehensive income, if the hedging instrument hedges an equity instrument for which an entity has elected to present changes in fair value in other comprehensive income) (see Notes 15 and 41).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group discontinues hedge accounting when the hedging instrument expires or is sold, or when the hedging relationship no longer meets the qualifying criteria. However, if a hedge no longer meets the qualifying criteria but the risk management objective remains unchanged, IFRS 9 allows the Group to assess whether to adjust the hedge ratio in order to re-establish compliance with the effectiveness requirements. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Under IAS 39, hedge effectiveness is assessed both retrospectively and prospectively, ensuring that it remains within a range of 80% to 125%. However, IFRS 9 eliminates the strict 80%-125% effectiveness range requirement, allowing qualitative prospective assessments if there is an economic relationship between the hedged item and the hedging instrument, and credit risk does not exert a dominant effect on changes in the value of either the hedged item or the hedging instrument. The BBVA Group has chosen to continue applying the 80%-125% range as a measure for assessing hedge effectiveness, and may rebalance the hedge without discontinuing hedges if this range is not maintained, as described below.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The variations that occur, after the designation of the hedge, in the valuation of the financial instruments designated as hedged items and the financial instruments designated as accounting hedging instruments are recorded as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In fair value hedges, the differences arising in the fair value of the derivative and the hedged instrument attributable to the hedged risk are recognized directly under the line item ‘Gains (losses) from hedge accounting, net’ in the consolidated income statement. In the specific case of interest rate hedges, interest cash flows are included under the line item ‘Interest and other income’ or under ‘Interest expense’ in the consolidated income statement), or in ’Other comprehensive income (loss)’ if it is a hedge of equity instruments measured at fair value through ’Other comprehensive income (loss)’; with the corresponding entry being recorded in the consolidated balance sheet line items in which the hedging instrument (‘Derivatives – hedge accounting’) or the hedged item is recognized, as applicable (see Note 37). </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In fair value hedges of interest rate risk on a portfolio of financial instruments (“macro hedges”), gains or losses arising from the measurement of the hedging instrument are recognized directly in the consolidated income statement with an offsetting entry made under the heading “Derivatives – Hedge accounting” and gains or losses arising from the change in the fair value of the hedged item (attributable to the hedged risk) are also recorded in the consolidated income statement (in both cases, under the heading “Gains (losses) from hedge accounting, net”), with an offsetting entry made in the heading “Fair value changes of the hedged items in portfolio hedges of interest rate risk” of the asset or liability in the consolidated balance sheet, depending on the nature of the hedged item.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In cash flow hedges, the valuation differences arising in the effective hedge portion of the hedging items are temporarily recorded under the heading "Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Hedging derivatives. Cash flow hedges (effective portion)" in the consolidated balance sheet, with an offsetting entry made in the "Derivatives - Hedge accounting" headings of the asset or liability sections in the consolidated balance sheet, as applicable. These differences are recognized in the consolidated income statement when the gain or loss on the hedged item is recorded in profit or loss, when the forecast transactions are executed, or on the maturity date of the hedged item. Almost all of the Group's cash flow hedges are interest rate and inflation hedges for financial instruments, so the amount recorded in other accumulated comprehensive income will be reclassified in results under the headings "Interest and other income" or "Interest expense" in the consolidated income statement (see Note 37). </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The differences in the value of the hedging instrument corresponding to the ineffective portion of cash flow hedging transactions are recorded directly under the heading “Gains (losses) from hedge accounting, net” in the consolidated income statement (see Note 41).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In the hedge of net investments in foreign operations, valuation differences arising in the effective portion of the hedging items are temporarily recorded under the heading "Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Hedge of net investments in foreign operations (effective portion)" in the consolidated balance sheet, with an offsetting entry made under "Derivatives - Hedge accounting" in the asset or liability sections of the consolidated balance sheet, as applicable. These valuation differences are recognized in the consolidated income statement when the foreign investment is disposed of or removed from the consolidated balance sheet (see Note 41).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The other relevant new features introduced by IFRS 9 and applicable from January 1, 2025, are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">It provides flexibility in the items that can be hedged (for example, it enables the hedging of net positions, aggregate positions, and specific risk components in non-financial items).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">It introduces the accounting treatment of "cost of hedging", allowing components of hedging instruments such as forward elements, the time value of options, or the base spread to be excluded from the hedge. These values can be recognized in other comprehensive income, thereby reducing volatility in the consolidated income statement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">It allows for the rebalancing of hedges without the need for discontinuations in hedge accounting, provided that the relationship between the hedging instrument and the hedged item is adjusted, and that the risk management objective is maintained.</span></div><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span>For fair value hedges on equity instruments recorded at fair value through other comprehensive income, the differences in the fair value of the derivative are recorded in “Accumulated other comprehensive income (loss)”, thereby minimizing the impact on profit or loss for the period.
<div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Loss allowances on financial assets</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The “expected losses” impairment model is applied to financial assets valued at amortized cost, debt instruments valued at fair value with changes in accumulated other comprehensive income, financial guarantee contracts and other commitments. All financial instruments valued at fair value through profit or loss are excluded from the impairment model.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The standard classifies financial instruments into three categories, which depend on the evolution of their credit risk from the moment of initial recognition and which establish the calculation of the credit risk allowance. </span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stage 1 – without significant increase in credit risk</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial assets which are not considered to have significantly increased in credit risk have loss allowances measured at an amount equal to the expected credit loss that arises from all possible default events within 12 months following the presentation date of the financial statements (12 month expected credit losses).</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stage 2 – significant increases in credit risk</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When the credit risk of a financial asset has increased significantly since the initial recognition, the loss allowances of that financial instrument is calculated as the expected credit loss during the entire life of the asset. That is, they are the expected credit losses that result from all possible default events during the expected life of the financial instrument.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stage 3 – impaired</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When there is objective evidence that the instrument is credit-impaired, the financial asset is transferred to this category in which the provision for losses of that financial instrument is calculated, as in </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">Stage</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> 2, as the expected credit loss during the entire life of the asset.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When the recovery of any recognized amount is considered remote, such amount is written-off on the consolidated balance sheet, without prejudice to any actions that may be taken in order to collect the amount until the rights extinguish in full either because it is time-barred debt, the debt is forgiven, or other reasons.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group has applied the following definitions:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Credit-impaired asset</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">An asset is credit-impaired (</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">stage</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> 3) if one or more events have occurred and they have a detrimental impact on the estimated future cash flows of the asset.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The definition of impaired asset under IFRS 9 is currently aligned with that of default used by the Group both for internal credit risk management and for regulatory purposes, in accordance with the definitions established in the European Banking Authority (hereinafter "EBA") Guidelines and in Article 178 of Regulation (EU) No 575/2013 (CRR). This alignment facilitates the integration of both definitions in credit risk management, giving coherence and consistency in the processes.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The determination of an asset as impaired and its classification in stage 3 is based exclusively on the risk of default, without considering the effects of credit risk mitigating measures such as guarantees and collaterals. Specifically, the following financial assets are classified in stage 3:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">Impaired assets for objective reasons or delinquency: when there are unpaid amounts of principal or interest for more than 90 days.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36.28pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">According to IFRS 9, the 90-days past due default is a presumption that can be rebutted in those cases where the entity considers, based on reasonable and supportable information, that it is appropriate to use a longer term. As of December 31, 2025, the Group has not used terms exceeding 90 days past due.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.12pt">Impaired assets for subjective reasons (other than delinquency): when circumstances are identified that show, even in the absence of defaults, that it is not probable that the debtor will fully comply with its financial obligations. For this purpose, the following indicators are considered, among others:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:12.00pt;padding-left:12.18pt">Significant financial difficulties of the issuer or the borrower.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Granting by the lender or lenders to the borrower, for economic or contractual reasons related to the latter's financial difficulties, of concessions or advantages that they would not have otherwise granted.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Breach of contractual clauses, such as events of default or default.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Increasing probability that the borrower will go into bankruptcy or some other situation of financial reorganization.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Disappearance of an active market for the financial asset due to financial difficulties.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Others that may affect the committed cash flows such as the loss of the debtor's license or that it has committed fraud.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Generalized delay in payments. In any case, this circumstance exists when, during a continuous period of 90 days prior to the reporting date, a material amount has remained unpaid.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.04pt">Sales of credit exposures of a client with a significant economic loss will imply that the rest of its operations are considered impaired.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Relating to the granting of concessions due to financial difficulties, it is considered that there is an indicator of unlikeliness to pay, and therefore the client must be considered impaired, when the refinancing or restructuring measures may result in a diminished financial obligation caused by a forgiveness or material deferral of principal, interest or fees. Specifically, unless proven otherwise, transactions that meet any of the following criteria will be reclassified to the category of impaired assets:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:70.3pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.85pt">Irregular repayment schedule.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:70.3pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:6.44pt">Contractual clauses that delay the repayment of the loan through regular payments. Among others, grace periods of more than two years for the amortization of the principal will be considered clauses with these characteristics.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:70.3pt;text-align:justify;text-indent:-14.18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:7pt">Amounts of principal or interest written off from the balance sheet as its recovery is considered remote.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In any case, a restructuring will be considered impaired when the reduction in the net present value of the financial obligation is greater than 1%.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Credit risk management for wholesale counterparties is carried out at the customer (or group) level. For this reason, the classification of any of a client's material exposures as impaired, whether due to more than 90 days of default or due to any of the subjective criteria, implies the classification as impaired of all the client's exposures. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Regarding retail clients, which are managed at the individual loan level, the scoring systems review their score, among other factors, in the event of a breach in any of their operations or incurring generalized delays in payments, which also triggers the necessary recovery actions. Among them are the refinancing measures that, where appropriate, may lead to all the client's operations being considered impaired. Furthermore, given the granularity of the retail portfolios, the differential behavior of these clients in relation to their products and collateral provided, as well as the time necessary to find the best solution, the Group has established as an indicator that when a transaction of a retail client is in default in excess of 90 days or shows a general delay in payments and this represents more than 20% of the client's total balance, all its transactions are considered impaired.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When transactions involving entities related to a client enter stage 3, including entities of the same group and entities holding a relationship of economic or financial dependence, the transactions of the client will also be classified as stage 3, if reasonable doubts as to the full payment of their loans is determined to exist following the relevant analysis.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The stage 3 classification will be maintained for a cure period of 3 months from the disappearance of all indicators of impairment during which the client must demonstrate good payment behavior and an improvement in their credit quality in order to corroborate the disappearance of the causes that motivated the classification of the debt as impaired. In the case of refinancing and restructuring, the cure period is one year (see Note 7.2.7 for more details).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These criteria are aligned in all the geographical areas of the Group, maintaining only minor differences to facilitate the integration of management at the local level.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Significant increase in credit risk </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The objective of the impairment requirements is to recognize lifetime expected credit losses for financial instruments for which there have been significant increases in credit risk since initial recognition considering all reasonable and supportable information, including that which is forward-looking. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The model developed by the Group for assessing the significant increase in credit risk has a two-prong approach that is applied globally (for more detail on the methodology used, see Note 7.2.1):</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Quantitative criterion: the Group uses a quantitative analysis based on comparing the current expected probability of default over the life of the transaction with the original adjusted expected probability of default, so that both values are comparable in terms of expected default probability for their residual life. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Qualitative criterion: most indicators for detecting significant risk increase are included in the Group's systems through rating and scoring systems or macroeconomic scenarios, so the quantitative analysis covers the majority of circumstances. The Group uses additional qualitative criteria to identify significant increase in credit risk and thus, to include circumstances that are not reflected in the rating/score systems or macroeconomic scenarios used. Such qualitative criteria are the following:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">More than 30 days past due. According to IFRS 9, default of more than 30 days is a presumption that can be rebutted in those cases in which the entity considers, based on reasonable and documented information, that such non-payment does not represent a significant increase in risk. As of December 31, 2025, the Group has not considered periods higher than 30 days.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">Watch List: They are subject to special watch by the Risk units because they show negative signs in their credit quality, even though there may be no objective evidence of impairment.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.82pt">Refinance or restructuring that does not show evidence of impairment, or that, having been previously identified, the existence of significant increase in credit risk may still exist.</span></div><div style="margin-bottom:18pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Although the standard introduces a series of operational simplifications, also known as practical solutions, for analyzing the increase in significant risk, the Group does not use them as a general rule. However, for high-quality assets, mainly related to certain government institutions and bodies, the standard allows for considering that their credit risk has not increased significantly because they have a low credit risk at the presentation date. This possibility is limited to those financial instruments that are classified as having high credit quality and to contracts with a current annualized probability of default (PD) of less than 0.3%. This does not prevent these assets from being assigned the credit risk coverage that corresponds to their classification as stage 1 based on their credit rating and macroeconomic expectations.</span></div>
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:130%;padding-left:7.69pt">Transfers and derecognition of financial assets and liabilities </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The accounting treatment of transfers of financial assets is determined by the form in which risks and benefits associated with the financial assets involved are transferred to third parties. Financial assets are only derecognized from the consolidated balance sheet when the cash flows that they generate are extinguished, when their implicit risks and benefits have been substantially transferred to third parties or when the control of financial asset is transferred even in case of no physical transfer or substantial retention of such assets. In the latter case, the financial asset transferred is derecognized from the consolidated balance sheet, and any right or obligation retained or created as a result of the transfer is simultaneously recognized.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Similarly, financial liabilities are derecognized from the consolidated balance sheet only if their obligations are extinguished or acquired (with a view to subsequent cancellation or renewed placement).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group is considered to have transferred substantially all the risks and benefits if such risks and benefits account for the majority of the risks and benefits involved in ownership of the transferred financial assets.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Treatment of securitizations</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The securitizations funds to which the Group entities transfer their credit portfolios are consolidated entities of the Group. For more information, refer to Note 2.1 “Principles of consolidation”.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group considers that the risks and benefits of the securitizations are substantially retained if the subordinated bonds are held and/ or if subordination funding has been granted to those securitization funds, which means that the credit loss risk of the securitized assets will be assumed. Consequently, the Group is not derecognizing those transferred loan portfolios.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Synthetic securitizations are transactions where risk is transferred through derivatives or financial guarantees and in which the exposure of these securitizations remains in the balance sheet of the Group. The Group has established the synthetic securitizations through received financial guarantees. As for the commissions paid, they are accrued during the term of the financial guarantee.</span></div>
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:7.61pt">Financial guarantees</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial guarantees are considered to be those contracts that require their issuer to make specific payments to reimburse the holder of the financial guarantee for a loss incurred when a specific borrower breaches its payment obligations on the terms – whether original or subsequently modified – of a debt instrument, irrespective of the legal form it may take. Financial guarantees may take the form of a deposit, bank guarantee, insurance contract or credit derivative, among others.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In their initial recognition, financial guarantees are recognized as liabilities in the consolidated balance sheet at fair value, which is generally the present value of the fees, commissions and interest receivable from these contracts over the term thereof, and the Group simultaneously recognizes a corresponding asset in the consolidated balance sheet for the amount of the fees and commissions received at the inception of the transactions and the amounts receivable at the present value of the fees, commissions and interest outstanding.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial guarantees, irrespective of the guarantor, instrumentation or other circumstances, are reviewed periodically so as to determine the credit risk to which they are exposed and, if appropriate, to consider whether a provision is required for them. The credit risk is determined by application of criteria similar to those established for quantifying loss allowances on debt instruments measured at amortized cost (see Note 2.2.1).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The provisions recognized for financial guarantees are recognized under the heading “Provisions - Provisions for contingent risks and commitments” on the liability side in the consolidated balance sheets (see Note 24). These provisions are recognized and reversed with a charge or credit, respectively to “Provisions or reversal of provision” in the consolidated income statements (see Note 46).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Income from financial guarantees is recorded under the heading “Fee and commission income” in the consolidated income statement and is calculated by applying the rate established in the related contract to the nominal amount of the guarantee (see Note 40).</span></div>Synthetic securitizations made by the Group to date meet the requirements of the accounting regulations for accounting as guarantees
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:7.16pt">Tangible Assets</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify;text-indent:-0.01pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Tangible assets are classified according to their nature:</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Property, plant and equipment for own use</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This heading includes the assets under ownership or acquired under lease terms (right to use), intended for future or current use by the Group and that it expects to hold for more than one year. It also includes tangible assets received by the Group in full or partial settlement of receivables from third parties which are expected to be held for continuing use.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Investment properties</span><span style="color:#1873b9;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Includes the value of land, buildings and other structures that are held either for rental or for capital gain on sale, and which are not expected to be used in the ordinary course of business and are not intended for own use. </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Assets leased out under an operating lease</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Includes assets for which the Group has granted the right of use to another company through an operating lease contract.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In general, and as an accounting policy option, tangible assets are recorded in the balance sheets under the cost model, i.e., at acquisition cost, less the related accumulated depreciation and, if applicable, the estimated impairment losses resulting from comparing the net book value of each item with its corresponding recoverable value (see Note 17).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group uses the straight-line method to calculate depreciation over the estimated useful life of the asset. The depreciation charge for tangible assets is recorded under "Depreciation and amortization" in the income statement (see Note 45) and is the result of using the following depreciation rates:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">At each reporting date, the Group analyzes whether there are indicators that a tangible asset may be impaired and, if any, adjusts the carrying amount to its recoverable amount, modifying future depreciation charges in accordance with its revised remaining useful life. Similarly, if there is indication that the value of a tangible asset that was previously impaired has been recovered, the Group estimates the recoverable amount of the asset and recognizes in the income statement the reversal of the impairment loss recognized in previous years and thus, adjusts the future depreciation charges. Any impairment or reversal of impairment will be recognized with the offsetting entry recorded to the heading “Impairment or reversal of impairment of non-financial assets - Intangible assets” of the consolidated income statement (see Note 49).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the BBVA Group, most of the buildings held for own use are assigned to the different Cash Generating Units (hereinafter "CGUs") to which they belong. The corresponding impairment analyses are performed for these CGUs to determine whether sufficient cash flows are generated to support the value of the assets comprised within such CGUs.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Operating and maintenance expenses relating to tangible assets for own use are recognized in the year in which they are incurred under "Administrative expenses - Property, plant and equipment" in the income statement (see Note 44.2).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, for those geographical areas with subsidiaries where the Group applies IAS 29 "Financial Reporting in Hyperinflationary Economies", this type of asset is adjusted, at each balance sheet date, to show variations in the purchasing power of the currency due to inflation from the date of acquisition or inclusion in the consolidated balance sheet (see Note 2.2.18).</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In general, and as an accounting policy option, tangible assets are recorded in the balance sheets under the cost model, i.e., at acquisition cost, less the related accumulated depreciation and, if applicable, the estimated impairment losses resulting from comparing the net book value of each item with its corresponding recoverable value (see Note 17).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group uses the straight-line method to calculate depreciation over the estimated useful life of the asset. The depreciation charge for tangible assets is recorded under "Depreciation and amortization" in the income statement (see Note 45) and is the result of using the following depreciation rates:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:48.970%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:48.830%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GENERAL DEPRECIATION RATES FOR TANGIBLE ASSETS</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Type of assets</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Annual Percentage</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Buildings for own use</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1% - 4%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Furniture</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8% - 10%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fixtures</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6% - 12%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Office supplies and hardware</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8% - 25%</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Lease use rights</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The lesser of the lease term or the useful life of the underlying asset</span></div></td></tr></table></div>
1% - 4%
8% - 10%
6% - 12%
8% - 25%
The lesser of the lease term or the useful life of the underlying asset
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:7.75pt">Leases</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In general, the Group will record assets and liabilities for lease contracts by recording a right of use (right to use the leased asset) under ''Tangible assets - Property, plant and equipment'' and ''Tangible assets - Investment property'' (see Note 17), and a lease liability (its obligation to make lease payments) under ''Financial liabilities at amortized cost - Other financial liabilities'' (see Note 22.5). The BBVA Group applies two exceptions in the case of short-term leases and leases whose underlying asset is of low value. In these cases, lease payments are recognized under "Other operating expense" (see Note 42) in the consolidated income statement over the term of the lease.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">At the initial date of the lease, the lease liability is equal to the present value of all lease unpaid payments. Subsequently, it is valued at amortized cost.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The right to use assets is initially recorded at cost and is subsequently reduced by accumulated amortization and accumulated impairment. The Group has decided to calculate depreciation using the straight-line method. Depreciation of tangible assets is recorded under "Depreciation and amortization" in the consolidated statement of income (see Note 45).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The interest expense on the lease liability is recorded under the heading “Interest expense” (see Note 37.2). Variable payments not included in the initial measurement of the lease liability are recorded under the heading “Administration costs – Other administrative expense” (see Note 44.2).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Operating lease and sublease incomes are recognized in the consolidated income statements under the headings “Other operating income” (see Note 42).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On the other hand, when the Group acts as a lessor, it classifies leases as finance or operating leases. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In finance leases, the sum of the present values of the amounts received plus the guaranteed residual value is recorded as financing provided to third parties and is included under "Financial assets at amortized cost" in the consolidated balance sheet (see Note 14).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In operating leases, the acquisition cost of the leased assets is presented under "Tangible assets - Property, plant and equipment - Assigned under operating leases" in the consolidated balance sheet (see Note 17). These assets are depreciated in accordance with the policies adopted for similar tangible assets for own use and the income and expenses arising from the lease contracts are recognized in the consolidated income statement on a straight-line basis under "Other operating income" and "Other operating expense", respectively (see Note 42).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">If a fair value sale and leaseback results in a lease, the profit or loss generated from the effectively transferred part of the sale is recognized in the consolidated income statement at the time of sale (only for the effectively transmitted part). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The assets leased out under operating lease contracts to other entities in the Group are treated in the consolidated financial statements as for own use, and thus rental expense and income is eliminated in consolidation and the corresponding depreciation is recognized.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, for those geographical areas with subsidiaries where the Group applies IAS 29 "Financial Reporting in Hyperinflationary Economies", this type of asset is being adjusted to show changes in the purchasing power of the currency due to inflation from the date of acquisition or inclusion in the consolidated balance sheet (see Note 2.2.18).</span></div>
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:7.29pt">Non-current assets and disposal groups classified as held for sale and liabilities included in disposal groups classified as held for sale </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This heading includes the carrying amount of individual items or items integrated in a group ("disposal group") or that form part of a significant business line or geographical area that is intended to be disposed of (“discontinued operation”) whose sale is highly probable to take place under the current conditions within a period of one year from the date to which the financial statements refer. Additionally, it includes assets that were expected to be disposed of within one year, but for which disposal there is a delay caused by events and circumstances beyond the Group's control, and there is sufficient evidence that the Group remains committed to its plan for sale (see Note 21), in particular, regarding real estate assets or other assets received to cancel, in whole or in part, the payment obligations of debtors for credit operations. These assets are not amortized as long as they remain in this category.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With respect to valuation, in general, foreclosed real estate assets or assets received in payment of debts are recognized both at the date of acquisition and subsequently, at the lower of their fair value less estimated costs to sell and their carrying amount, with the possibility of recognizing an impairment or reversal of impairment for the difference, if applicable. When the amount of the sale less estimated costs to sell exceeds the carrying amount, the gain is not recognized until the time of disposal and derecognition.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The applicable carrying value of the financial asset is updated at the time of foreclosure, treating the foreclosed property as collateral and taking into account the corresponding credit risk hedges at the time prior to delivery. The fair value of foreclosed assets is based mainly on appraisals or valuations performed by independent experts with a maximum age of one year, or less if there are indications of impairment; in addition, by appraisal, the need to apply a discount on the asset based on its specific conditions or market conditions for such type of assets is evaluated and, in any case, the entity’s estimated sale costs are deducted.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Gains/losses on disposal of these assets and impairment losses are recognized under "Gains (losses) on non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations" in the consolidated income statement (see Note 50). Other income and expenses are classified in the income statement items according to their nature.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The income and expenses of discontinued operations generated in the year, even if they were generated prior to their classification as discontinued operations, are presented, net of the tax effect, as a single amount under "Profit (loss) after tax from discontinued operations" in the consolidated income statement. This caption also includes the results obtained on disposal (net of the tax effect).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, for those geographical areas with subsidiaries where the Group applies IAS 29 "Financial Reporting in Hyperinflationary Economies", this type of assets is being adjusted to show changes in the purchasing power of the currency due to inflation from the date of acquisition or inclusion in the consolidated balance sheet (see Note 2.2.18).</span></div>
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:130%;padding-left:8.41pt">Intangible assets</span><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Goodwill</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Goodwill represents the advance payment made by the entity for future economic benefits, from assets that have not been individually identified nor separately recognized in a business combination.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Goodwill is allocated to one or more cash-generating units (CGUs) that are expected to be the beneficiaries of the synergies derived from the business combinations. CGUs represent the smallest identifiable groups of assets that generate cash flows for the Group. Goodwill is not amortized and is periodically tested for impairment (see Note 18), comparing the carrying amount of the relevant CGU - adjusted by the amount of goodwill attributable to minority interests, in the event that the Group has not chosen to measure minority interests at fair value, with its recoverable amount.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The recoverable amount of a CGU is equal to the fair value less sale costs or its value in use, whichever is greater. Value in use is calculated as the discounted value of the cash flow projections that the unit’s management estimates and is based on the latest budgets approved for the coming years. The main assumptions used in its calculation are: a growth rate to extrapolate the cash flows indefinitely, and the discount rate used to discount the cash flows, which is equal to the cost of the capital assigned to each CGU, and equivalent to the sum of the risk-free rate plus a risk premium inherent to the CGU being evaluated for impairment. If the carrying amount of the CGU exceeds the related recoverable amount, the Group recognizes an impairment loss.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Impairment losses on goodwill are recorded under "Impairment or reversal of impairment of non-financial assets - Intangible assets" (see Note 49). </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Other intangible assets</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These assets may have an indefinite useful life if it is concluded that there is no foreseeable limit to the period over which the asset is expected to generate net cash flows for the consolidated entities. In all other cases they have a finite useful life (see Note 18.2).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Intangible assets with indefinite useful lives are not amortized but are tested for impairment at least annually.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Intangible assets with a finite useful life are amortized according to the duration of this useful life, using methods similar to those used to depreciate tangible assets. Finite useful life intangible assets consist mainly of IT applications acquisition costs which have a useful life, in general, of 5 years. Internally developed software is recognized as an intangible asset when, among other requirements, it has the capacity to be used or sold, it is identifiable and its capacity to generate economic benefits in the future can be demonstrated. The amortization charge of these assets is recognized in the consolidated income statements under the heading "Depreciation and amortization" (see Note 45).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Any impairment losses on the carrying amount of these assets will be recognized under the heading “Impairment or reversal of impairment on non-financial assets- Intangible assets” in the consolidated income statements (see Note 49). The criteria used to recognize the impairment losses on these assets and, where applicable, the recovery of impairment losses recognized in prior years, are similar to those used for tangible assets.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, for those geographical areas with subsidiaries where the Group applies IAS 29 "Financial Reporting in Hyperinflationary Economies", this type of asset is being adjusted to show changes in the purchasing power of the currency due to inflation from the date of acquisition or inclusion in the consolidated balance sheet (see Note 2.2.18).</span></div>
<div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Goodwill</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Goodwill represents the advance payment made by the entity for future economic benefits, from assets that have not been individually identified nor separately recognized in a business combination.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Goodwill is allocated to one or more cash-generating units (CGUs) that are expected to be the beneficiaries of the synergies derived from the business combinations. CGUs represent the smallest identifiable groups of assets that generate cash flows for the Group. Goodwill is not amortized and is periodically tested for impairment (see Note 18), comparing the carrying amount of the relevant CGU - adjusted by the amount of goodwill attributable to minority interests, in the event that the Group has not chosen to measure minority interests at fair value, with its recoverable amount.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The recoverable amount of a CGU is equal to the fair value less sale costs or its value in use, whichever is greater. Value in use is calculated as the discounted value of the cash flow projections that the unit’s management estimates and is based on the latest budgets approved for the coming years. The main assumptions used in its calculation are: a growth rate to extrapolate the cash flows indefinitely, and the discount rate used to discount the cash flows, which is equal to the cost of the capital assigned to each CGU, and equivalent to the sum of the risk-free rate plus a risk premium inherent to the CGU being evaluated for impairment. If the carrying amount of the CGU exceeds the related recoverable amount, the Group recognizes an impairment loss.</span></div>Impairment losses on goodwill are recorded under "Impairment or reversal of impairment of non-financial assets - Intangible assets" (see Note 49).
<div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Goodwill</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Goodwill represents the advance payment made by the entity for future economic benefits, from assets that have not been individually identified nor separately recognized in a business combination.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Goodwill is allocated to one or more cash-generating units (CGUs) that are expected to be the beneficiaries of the synergies derived from the business combinations. CGUs represent the smallest identifiable groups of assets that generate cash flows for the Group. Goodwill is not amortized and is periodically tested for impairment (see Note 18), comparing the carrying amount of the relevant CGU - adjusted by the amount of goodwill attributable to minority interests, in the event that the Group has not chosen to measure minority interests at fair value, with its recoverable amount.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The recoverable amount of a CGU is equal to the fair value less sale costs or its value in use, whichever is greater. Value in use is calculated as the discounted value of the cash flow projections that the unit’s management estimates and is based on the latest budgets approved for the coming years. The main assumptions used in its calculation are: a growth rate to extrapolate the cash flows indefinitely, and the discount rate used to discount the cash flows, which is equal to the cost of the capital assigned to each CGU, and equivalent to the sum of the risk-free rate plus a risk premium inherent to the CGU being evaluated for impairment. If the carrying amount of the CGU exceeds the related recoverable amount, the Group recognizes an impairment loss.</span></div>Impairment losses on goodwill are recorded under "Impairment or reversal of impairment of non-financial assets - Intangible assets" (see Note 49).
<div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Other intangible assets</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These assets may have an indefinite useful life if it is concluded that there is no foreseeable limit to the period over which the asset is expected to generate net cash flows for the consolidated entities. In all other cases they have a finite useful life (see Note 18.2).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Intangible assets with indefinite useful lives are not amortized but are tested for impairment at least annually.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Intangible assets with a finite useful life are amortized according to the duration of this useful life, using methods similar to those used to depreciate tangible assets. Finite useful life intangible assets consist mainly of IT applications acquisition costs which have a useful life, in general, of 5 years. Internally developed software is recognized as an intangible asset when, among other requirements, it has the capacity to be used or sold, it is identifiable and its capacity to generate economic benefits in the future can be demonstrated. The amortization charge of these assets is recognized in the consolidated income statements under the heading "Depreciation and amortization" (see Note 45).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Any impairment losses on the carrying amount of these assets will be recognized under the heading “Impairment or reversal of impairment on non-financial assets- Intangible assets” in the consolidated income statements (see Note 49). The criteria used to recognize the impairment losses on these assets and, where applicable, the recovery of impairment losses recognized in prior years, are similar to those used for tangible assets.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, for those geographical areas with subsidiaries where the Group applies IAS 29 "Financial Reporting in Hyperinflationary Economies", this type of asset is being adjusted to show changes in the purchasing power of the currency due to inflation from the date of acquisition or inclusion in the consolidated balance sheet (see Note 2.2.18).</span></div>
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:7.42pt">Insurance and reinsurance contracts</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group has applied IFRS 17 to insurance contracts as from January 1, 2023. IFRS 17 superseded IFRS 4 as the accounting standard applicable to the recognition, measurement and presentation of contracts that transfer significant insurance risk. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The assets and liabilities of the BBVA Group’s insurance subsidiaries are recognized according to their nature under the corresponding headings of the consolidated balance sheet.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The heading “Insurance and reinsurance assets” in the consolidated balance sheets includes the amounts that the consolidated insurance subsidiaries are entitled to receive under the reinsurance contracts entered into by them with third parties and, more specifically, the value of reinsurance covers in respect of the insurance liabilities recognized by the consolidated subsidiaries.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The heading “Liabilities under insurance and reinsurance contracts” in the consolidated balance sheets includes the liabilities recognized due to insurance contracts recorded by the consolidated subsidiaries in accordance with IFRS 17 (see Note 23).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The income or expense reported by the BBVA Group’s consolidated insurance subsidiaries on their insurance activities is recognized, in accordance with their nature, in the corresponding items of the consolidated income statements.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Definition, grouping and classification</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group evaluates whether a significant insurance risk from a third party is being accepted in its contracts, when agreeing to compensate the policyholder if a specified uncertain future event adversely affects the policyholder. Thus, it identifies those insurance contracts that fall within IFRS 17. This evaluation was already carried out by the Group under IFRS 4 for the classification of its contracts between insurance contracts and financial liabilities.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group groups insurance contracts considering the following aspects:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Whether they are subject to similar risks and are managed jointly, separating as well direct insurance and reinsurance contracts.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Their profitability or onerousness (in general, the Group classifies contracts by their profitability into two groups: onerous contracts, and non-onerous contracts or contracts without a significant possibility of becoming onerous</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:14.00pt;position:relative;top:-3.15pt;vertical-align:baseline">1</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Their year of issuance or cohort, grouping by this last criterion the contracts issued in the calendar year, i.e., between January 1 and December 31 of each year.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Since the Group chose the fair value transition approach, for long-term contracts (mainly life-risk and life-saving insurance) issued prior to the transition date of January 1, 2022, it has not been necessary to aggregate the contracts by previous cohorts. For contracts issued after the transition date, the Group classifies them by year of issuance, and therefore, the Group has not accepted the exception provided for in the adoption of the standard by the European Union on annual cohorts in products with matched cash flows</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:14.00pt;position:relative;top:-3.15pt;vertical-align:baseline">2</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group has applied the analysis on the separation of non-insurance components only to insurance contracts falling under the scope of IFRS 17, with the entities identifying within their portfolios the existence of non-insurance components, and concluding based on expert judgment whether or not they need to separate them. In the case of non-separable investment components, they are included in the asset or liability, as appropriate, but are excluded from insurance income or expenses in the income statement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The initial recognition date has been established as the earliest of: the beginning of the coverage period of the group of contracts, the date when the first payment from an insurance policyholder in the group became due, or in the case of a group of onerous contracts, when the group becomes onerous. From that date, the insurance and reinsurance contracts have been reflected in the consolidated financial statements and valued in accordance with the provisions of IFRS 17.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group derecognizes insurance contracts when the contract expires, that is, upon expiration of the contract or upon settlement of all the benefits of the contract or upon its cancellation; or when a modification is made to the terms of the contract that gives rise to derecognition.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Valuation methods</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group carries out an analysis of the limits of insurance and reinsurance contracts under IFRS 17, separately, applying the General Model (Building Block Approach) by default to all contracts, except those eligible to be valued by the Simplified Model (Premium Allocation Approach), or the Variable Fee Approach.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The General Model requires that insurance contracts be initially valued for the total of:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">fulfillment cash flows, which comprise the estimation of future cash flows discounted to reflect the time value of money, the financial risk associated, and a risk adjustment for non-financial risk that would represent the compensation required for the uncertainty associated with the amount and timing of the expected cash flows;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">and the contractual service margin (CSM), which represents the expected unearned profit from insurance contracts, which will be recognized in the entity’s income statement as the service is provided in the future, instead of being recognized at the time of the estimation.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Subsequently, the amount recognized in the consolidated balance sheet for each group of insurance contracts measured under this model comprises the liability for remaining coverage, which includes the aforementioned fulfillment cash flows and the contractual service margin, and the liability for incurred claims, which includes the cash flows from related to claims that have occurred, but have not been paid, discounted to reflect the time value of money, the financial risk associated with future cash flows, and a risk adjustment for non-financial risk that would represent the compensation required by the uncertainty associated with the amount and timing of the expected cash flows. The Group uses the General Model for the valuation of liabilities under insurance and reinsurance contracts that correspond to long-term commitments, a portfolio that represents the majority of what is recorded in the balance sheet.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group used the Simplified Model in the valuation of the liability for remaining coverage of contracts with a coverage period of one year or less, or in those contracts with a duration of more than one year but which are not expected to have a valuation significantly different from that of the General Model. Under this Simplified Model, the liability for remaining coverage is made up of the premiums received (collected), less the cash flows for the acquisition of the insurance paid, plus or minus the premiums or expected acquisition cash flows recorded in the income statement, respectively. The income statement recording is carried out on a linear basis throughout the coverage period of the contract, in the event that the accrual of income is also accrued. By default, the Group has chosen to defer acquisition expenses, although there is an option to recognize such expenses when they are incurred. In turn, the groups of contracts valued under this model have a liability for incurred claims calculated in a manner similar to that of the General Model. The Group has valued direct insurance contracts whose coverage period is less than one year, using the Simplified Model, the same method used for the valuation of assets for the reinsurance ceded. This model has also been used by the Group when the valuation under this Simplified Model does not differ significantly from that which would be produced by applying the General Model. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amount of the contracts valued following the Variable Fee Approach is residual in the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group has defined and identified for each group of contracts the hedging units to be used for the release to profit or loss of the contractual service margin, in accordance with IFRS 17, and subsequent interpretations issued by the Transition Resource Group for IFRS 17 and the related IFRIC (as defined herein). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Furthermore, the Group has chosen the accounting policy option of not changing the treatment of accounting estimates made in previous interim closings.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Discount rate</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The methodology used to obtain the discount rate differs according to the entity and portfolio to which it is applied, highlighting mainly the cases of the companies in Spain and Mexico, where the Group has greater presence (see Note 23). In the first case, the top-down approach has been mainly applied and it has been verified that the Internal Rate of Return (hereinafter “IRR”) of the entity’s asset portfolio converges with the IRR of a reference portfolio from which the European Insurance and Occupational Pensions Authority (hereinafter “EIOPA”) fundamental spread is discounted for. In the second case, the top-down approach has been used for immunized portfolios (see Glossary), eliminating the spread for credit risk through the EIOPA fundamental spread. However, in non-immunized portfolios, the bottom-up approach has been used, using the swap curve as the risk-free rate. </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Risk adjustment for non-financial risk</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The risk adjustment for non-financial risk represents the compensation required for bearing uncertainty about the amount and timing of the associated cash flows. To estimate the non-financial risk adjustment, the Group has used its own methodologies based on calculations of the Value at Risk (VaR) of the commitments associated with the Life and Non-Life businesses, using in the case of Spain a confidence level of 80% and in the case of Mexico 70%.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Onerosity</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:130%">An insurance contract is onerous at the date of initial recognition if the fulfilment cash flows allocated to the contract, any previously recognized insurance acquisition cash flows and any cash flows arising from the contract at the date of initial recognition in total are a net outflow.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group has classified the contracts valued under the General Model into onerous groups, considering the fulfillment cash flows, acquisition expenses and any other attributable cash flow. The evaluation is carried out, in general terms, contract by contract, except in those cases where it is possible to group into sets of homogeneous contracts.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Contracts valued under the Simplified Model, by default, are assumed to be non-onerous at their initial recognition, unless there are facts and circumstances that indicate otherwise, where the Group relies on information from existing internal reports (ratios and indicators) for monitoring business performance, adjusted to the criteria of IFRS 17, as well as market evolution expectations based on expert judgment. The granularity to carry out this evaluation may be the same as that used to monitor the business through the abovementioned internal reports.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the same way as the contractual service margin represents the estimated future benefit of the insurance contract, the loss component is the estimated loss of the onerous contract. The accounting record of these two concepts has a different temporality: while the margin is deferred throughout the duration of the contract according to the contractual limits, the loss component is recognized in the income statement as soon as it is known, which will result in the carrying amount of the group's liability being equal to the fulfilment cash flows and the group's contractual service margin being equal to zero.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Throughout the life of a contract, the assumptions used to project future cash flows may change and, consequently, the expected return on a contract may increase or decrease. This means that a group of contracts initially classified as onerous may become more onerous, or on the contrary, in the subsequent measurement the assumptions used to estimate the cash flows may change so much that the previously recognized loss could be reversed.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Reinsurance</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In general, the Group values reinsurance covers under the Simplified Model, valuing the asset for remaining coverage of contracts with a coverage period of one year or less, or in those contracts with a duration of more than one year, but which are not expected to produce a valuation significantly different from that of the General Model. This method also includes the asset for incurred claims.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Effect on results</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In general, for the presentation of the financial income or expenses from insurance contracts that arise as a result of the change in the discount rate, both due to the effect of the time value of money as well as the effect of financial risk, the Group has chosen the accounting policy option of disaggregating these financial income or expenses from insurance contracts between recording them in the "Net interest income" and in "Accumulated other comprehensive income (loss)", in order to minimize accounting asymmetries in the valuation and recognition of financial investments under IFRS 9 and insurance contracts under IFRS 17.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group has chosen to disaggregate the changes in the risk adjustment between financial and non-financial, so that the change in the value of the risk adjustment derived from the effect of the time value of money, and changes in it, is recorded as a financial income or expense from insurance contracts. Insurance revenue is recognized over the period the entity provides insurance coverage, excluding any investment component.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The loss component, in the case of onerous contracts, corresponds to the losses attributable to each group of contracts, both at initial recognition and at a later time.</span></div>
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:7.29pt">Tax assets and liabilities</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Expenses on corporate income tax applicable to the BBVA Group’s Spanish entities and on similar income taxes applicable to consolidated foreign entities are recognized as an expense for the period in the consolidated income statement, except when they result from transactions on which the profits or losses are recognized directly in equity, in which case the related tax effect is also recognized in equity. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The total corporate income tax expense is calculated by aggregating the current tax arising from the application of the corresponding tax rate as per the tax base for the year (after deducting the tax credits or discounts allowable for tax purposes) and the change in deferred tax assets and liabilities recognized in the consolidated income statement.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Deferred tax assets and liabilities include temporary differences, the carryforward of unused tax losses and carryforward of unused tax credits or discount carry forwards. These amounts are calculated by applying to each temporary difference the tax rates that are expected to apply when the asset is realized or the liability settled (see Note 19).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The "Tax Assets" line item in the consolidated balance sheets includes the amount of all the assets of a tax nature, broken down into: "Current” (amounts of tax recoverable in the next twelve months) and "Deferred" (which includes the amount of tax to be recovered in future years, including those arising from tax losses or credits for deductions or rebates that can be compensated). The "Tax Liabilities" line item in the consolidated balance sheets includes the amount of all the liabilities of a tax nature, except for provisions for taxes, broken down into: "Current” (income tax payable on taxable profit for the year and other taxes payable in the next twelve months) and "Deferred" (the amount of corporate tax payable in subsequent years).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Deferred tax liabilities attributable to taxable temporary differences associated with investments in subsidiaries, associates or joint venture entities are recognized as such, except where the Group can control the timing of the reversal of the temporary difference and it is unlikely that it will reverse in the future. Deferred tax assets are only recognized to the extent that it is probable that the consolidated entities will generate enough taxable profits to make deferred tax assets effective and do not correspond to those from initial recognition (except in the case of business combinations), which also does not affect the fiscal outcome.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The deferred tax assets and liabilities recognized are reassessed by the consolidated entities at each balance sheet date in order to ascertain whether they still qualify as deferred tax assets and liabilities, and if it is necessary to make adjustments on the basis of the findings of the analyses performed. In those circumstances in which it is unclear how a specific requirement of the tax law applies to a particular transaction or circumstance, and the acceptability of the definitive tax treatment depends on the decisions taken by the relevant taxation authority in future, the entity recognizes current and deferred tax liabilities and assets considering whether it is probable or not that a taxation authority will accept an uncertain tax treatment. Thus, if the entity concludes that it is not probable that the taxation authority will accept an uncertain tax treatment, the entity uses the amount expected to be paid to (recovered from) the taxation authorities.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The income and expense directly recognized in consolidated equity that do not increase or decrease taxable income are accounted for as temporary differences.</span></div>
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:1.43pt">Provisions, contingent assets and contingent liabilities</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The heading “Provisions” in the consolidated balance sheets includes amounts recognized to cover the BBVA Group’s current obligations arising as a result of past events. These are certain in terms of nature but uncertain in terms of amount and/or settlement date. The settlement of these obligations is deemed likely to entail an outflow of resources embodying economic benefits (see Note 24). The provisions are recognized in the consolidated balance sheets when each and every one of the following requirements is met:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">They represent a current obligation that has arisen from a past event. At the date of the Consolidated Financial Statements, there is more probability that the obligation will have to be met than that it will not.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">It is probable that an outflow of resources embodying economic benefits will be required to settle the obligation.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The amount of the obligation can be reasonably estimated.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Among other items, these provisions include the commitments made to employees by some of the Group entities mentioned in Note 2.2.13, as well as provisions for tax and legal litigation.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Contingent assets are possible assets that arise from past events and whose existence is conditional on, and will be confirmed only by, the occurrence or non-occurrence of events beyond the control of the Group. Contingent assets are not recognized in the consolidated balance sheet or in the consolidated income statement; however, they will be disclosed, should they exist, in the Notes to the Consolidated Financial Statements, provided that it is probable they will give rise to an increase in resources embodying economic benefits (see Note 34).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Contingent liabilities are possible obligations of the Group that arise from past events and whose existence is conditional on the occurrence or non-occurrence of one or more future events beyond the control of the Group. They also include the existing obligations of the Group when it is not probable that an outflow of resources embodying economic benefits will be required to settle them; or when, in extremely rare cases, their amount cannot be measured with sufficient reliability. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Contingent liabilities are not recognized in the consolidated balance sheet or the income statement (excluding contingent liabilities from business combinations) but are disclosed in the Notes to the Consolidated Financial Statements, unless the possibility of an outflow of resources embodying economic benefits is remote (see Note 34).</span></div>
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:4.2pt">Treasury shares</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The value of common stock issued by the BBVA Group’s entities and held by them - basically, shares and derivatives on the Bank’s shares held by some consolidated entities that comply with the requirements to be recognized as equity instruments - are recognized as a decrease to net equity, under the heading "Shareholders’ funds - Treasury shares" in the consolidated balance sheets (see Note 29).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These financial assets are recognized at acquisition cost, and the gains or losses arising on their disposal are credited or debited, as appropriate, to the heading “Shareholders’ funds - Other reserves” in the consolidated balance sheets (see Note 28).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the event of a contractual obligation to acquire treasury shares, a financial liability is recorded as the present value of the amount committed (under the heading "Financial liabilities at amortized cost - Other financial liabilities") and the corresponding recognition in net equity (under the heading “Equity - Other Reserves) (see Notes 22.5 and 28).</span></div>
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:2.33pt">Equity-settled share-based payment transactions</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Equity–settled share-based payment transactions, provided they constitute the delivery of such equity instruments once completion of a specific period of services has occurred, are recognized as an expense for services being provided by employees, with a corresponding entry under the heading “Shareholders’ funds – Other equity” in the consolidated balance sheet. These services are measured at fair value for the employees services received, unless such fair value cannot be calculated reliably. In such case, they are measured by reference to the fair value of the equity instruments granted, taking into account the date on which the commitments were granted and the terms and other conditions included in the commitments.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When the initial compensation agreement includes what may be considered market conditions among its terms, any changes in these conditions will not be reflected in the consolidated income statement, as these have already been accounted for in calculating the initial fair value of the equity instruments. Non-market vesting conditions are not taken into account when estimating the initial fair value of equity instruments, but they are taken into account when determining the number of equity instruments to be issued. This will be recognized on the consolidated income statement with the corresponding increase in total consolidated equity.</span></div>
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:2.25pt">Pensions and other post-employment commitments </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below we provide a description of the most significant accounting policies relating to post-employment and other employee benefit commitments assumed by BBVA Group entities (see Note 25).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Short-term employee benefits</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Benefits for current active employees which are accrued and settled during the year and for which a provision is not required in the entity´s accounts. These include wages and salaries, social security charges and other personnel expense.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Costs are charged and recognized under the heading “Administration costs – Personnel expense – Other personnel expense” of the consolidated income statement (see Note 44.1).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Post-employment benefits – Defined-contribution plans</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group sponsors defined-contribution plans for the majority of its active employees. The amount of these benefits is established as a percentage of remuneration and/or as a fixed amount.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The contributions made to these plans in each year by BBVA Group entities are charged and recognized under the heading “Administration costs – Personnel expense– Defined-contribution plan expense” of the consolidated income statement (see Note 44.1). </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Post-employment benefits – Defined-benefit plans</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Some Group entities maintain pension commitments with employees who have already retired or taken early retirement, certain closed groups of active employees still accruing defined benefit pensions, and in-service death and disability benefits provided to most active employees. These commitments are covered by insurance contracts, pension funds and internal provisions.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, some of the Spanish Group entities have offered certain employees the option to retire before their normal retirement age, recognizing the necessary provisions to cover the costs of the associated benefit commitments, which include both the liability for the benefit payments due as well as the contributions payable to external pension funds during the early retirement period.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Furthermore, certain Group entities provide welfare and medical benefits which extend beyond the date of retirement of the employees entitled to the benefits.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">All of these commitments are quantified based on actuarial valuations, with the amounts recorded under the heading “Provisions – Provisions for pensions and similar obligations” in the consolidated balance sheet and determined as the difference between the value of the defined-benefit commitments and the fair value of plan assets at the date of the consolidated financial statements (see Note 25).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Current service cost is charged and recognized under the heading “Administration costs – Personnel expense – Defined-benefit plan expense” of the consolidated income statement (see Note 44.1).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Interest credits/charges relating to these commitments are charged and recognized in net terms under the headings “Interest and other income” or, where appropriated, “Interest expense” of the consolidated income statement (see Note 37).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Past service costs arising from benefit plan changes as well as early retirements granted during the year are recognized under the heading “Provisions or reversals of provisions” of the consolidated income statement (see Note 46).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Other long-term employee benefits</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition to the above commitments, certain Group entities provide long-term service awards to their employees, consisting mainly of monetary amounts or periods of vacation granted upon completion of a number of years of qualifying service. This heading also includes the commitments related to the termination of employment contracts according to the collective layoff procedure carried out in BBVA, S.A. in 2021.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These commitments are quantified based on actuarial valuations and the amounts recorded under the heading “Provisions – Other long-term employee benefits” of the consolidated balance sheet (see Note 24).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Valuation of commitments: actuarial assumptions and recognition of gains/losses</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The present value of these commitments is determined based on individual member data. Active employee costs are determined using the “projected unit credit” method, which treats each period of service as giving rise to an additional unit of benefit and values each unit separately.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In establishing the actuarial assumptions, we take into account that: </span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">– They should be unbiased, i.e. neither unduly optimistic nor excessively conservative.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">– Each assumption does not contradict the others and adequately reflects the existing relationship between economic variables such as price inflation, expected wage increases, discount rates, etc. Future wage and benefit levels should be based on market expectations, at the balance sheet date, for the period over which the obligations are to be settled. </span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">– The interest rate used to discount benefit commitments is determined by reference to market yields, at the balance sheet date, on high quality bonds.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group recognizes actuarial gains (losses) relating to early retirement benefits, long service awards and other similar items under the heading “Provisions or reversal of provisions” of the consolidated income statement for the period in which they arise (see Note 46). Actuarial gains (losses) relating to pension and medical benefits are directly charged and recognized under the heading "Accumulated other comprehensive income (loss) – Items that will not be reclassified to profit or loss – Actuarial gains (losses) on defined benefit pension plans" of equity in the consolidated balance sheet (see Note 30).</span></div>
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:1.8pt">Termination benefits</span>Termination benefits are recognized in the financial statements when the BBVA Group agrees to terminate employment contracts with its employees or from the time the costs for a restructuring that involves the payment of compensation for the termination of contracts with its employees are recorded. This happens when there is a formal and detailed plan in which the fundamental modifications to be made are identified, and whenever said plan has begun to be executed or its main characteristics or objective facts about its execution have been publicly announced.
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:2.39pt">Recognition of income and expense</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The most significant policies used by the BBVA Group to recognize its income and expense are as follows.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Interest income and expense and similar items:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a general rule, interest income and expense and similar items are recognized on the basis of their accrual using the effective interest rate method. In the particular case of inflation-indexed bonds, interest income also includes the effect of real inflation experienced in the period. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">They shall be recognized within the consolidated income statement according to the following criteria, independently from the financial instruments’ portfolio which generates the income or expense:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">The interest income past due before the initial recognition and pending to be received will be added to the gross carrying amount of the debt instrument.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">The interest income accrued after the initial recognition will be added to the gross carrying amount of the debt instrument until it will be received.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the event that a debt instrument is considered impaired, interest income will be calculated by applying the effective interest rate to the amortized cost (that is, adjusting for any impairment loss) of the financial asset.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Income from dividends received:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Dividends shall be recognized within the consolidated income statement according to the following criteria, independently from the financial instruments’ portfolio which generates this income:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">When the right to receive payment has been declared before the initial recognition and when the payment is pending to be received, the dividends will not be added to the gross carrying amount of the equity instrument and will not be recognized as income. Those dividends are accounted for as financial assets separately from the net equity instrument.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">If the right to receive payment is received after the initial recognition, the dividends from the net equity instruments will be recognized within the consolidated income statement at the time the right to receive them arises, which is the time of the official announcement of receipt of the payment by the appropriate governing body of the entity. If the dividends correspond to the profits of the issuer before the date of initial recognition, they will not be recognized as income but as reduction of the gross carrying amount of the equity instrument because it represents a partial recuperation of the investment. Amongst other circumstances, the generation date can be considered to be prior to the date of initial recognition if the amounts distributed by the issuer as from the initial recognition are higher than its profits during the same period.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Income from commissions collected/paid:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:35.43pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial fees are an integral part of the actual performance of a financing transaction and are collected in advance. They can be:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">Fees charged for the origination or acquisition of financing transactions that are not measured at fair value through profit or loss, such as those charged for the evaluation of the borrower's financial condition, for the analysis and recording of various collateral, as well as those charged for negotiating the terms of transactions or preparing and processing documentation and the closing of transactions, will be deferred and recognized over the life of the transaction as an adjustment to the performance of the transaction. These fees, forming part of the effective rate of the loans, will be deferred and recognized over the life of the transaction as an adjustment to the performance of the transaction. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">Fees agreed as compensation for the commitment to grant financing when it is not measured at fair value through profit or loss and it is probable that the Group will enter into a specific loan agreement, are deferred and recognized over the life of the transaction as an adjustment to the performance of the transaction. If the commitment expires before the entity makes the loan such fee is recognized as revenue at the time of expiration.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:35.43pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Non-financial commissions derived from the provision of financial services other than financing transactions may be:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.53pt">Related to the performance of a service rendered over time (e.g. account administration fees or fees collected in advance for the issuance or renewal of credit cards), in which case they are recognized over time based on the degree of progress in providing the service.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.12pt">Related to the performance of a service rendered at a specific time (e.g. underwriting of securities, currency exchange, advice or syndication of a loan), in which they are recognized in the income statement at the time of collection.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Non-financial income and expense:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a general rule, they are recognized on an accrual basis, that is, as the contractually committed goods or services are delivered or rendered and recognized as revenue over the life of the contract.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:35.43pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the event that consideration is received or there is a right to receive consideration without delivery of the contractually committed goods or services, a liability is recognized in the balance sheet until it is recognized in the income statement. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:35.43pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the case of collections and payments deferred over time, they are recognized for accounting purposes at the amount resulting from discounting the expected cash flows at market rates.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Commissions, fees and similar items:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Income and expense relating to commissions and similar fees are recognized in the consolidated income statement using criteria that vary according to the nature of such items. The most significant items in this regard are:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">Those relating to financial assets and liabilities measured at fair value through profit or loss, which are recognized immediately in the income statement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">Those arising from transactions or services that are provided over a period of time, which are recognized over the life of these transactions or services.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.82pt">Those relating to a singular transaction, which are recognized when this singular transaction is carried out.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Deferred collections and payments:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These are recognized for accounting purposes at the amount resulting from discounting the expected cash flows at market rates.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Interest income and expense and similar items:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a general rule, interest income and expense and similar items are recognized on the basis of their accrual using the effective interest rate method. In the particular case of inflation-indexed bonds, interest income also includes the effect of real inflation experienced in the period. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">They shall be recognized within the consolidated income statement according to the following criteria, independently from the financial instruments’ portfolio which generates the income or expense:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">The interest income past due before the initial recognition and pending to be received will be added to the gross carrying amount of the debt instrument.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">The interest income accrued after the initial recognition will be added to the gross carrying amount of the debt instrument until it will be received.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the event that a debt instrument is considered impaired, interest income will be calculated by applying the effective interest rate to the amortized cost (that is, adjusting for any impairment loss) of the financial asset.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Income from dividends received:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Dividends shall be recognized within the consolidated income statement according to the following criteria, independently from the financial instruments’ portfolio which generates this income:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">When the right to receive payment has been declared before the initial recognition and when the payment is pending to be received, the dividends will not be added to the gross carrying amount of the equity instrument and will not be recognized as income. Those dividends are accounted for as financial assets separately from the net equity instrument.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">If the right to receive payment is received after the initial recognition, the dividends from the net equity instruments will be recognized within the consolidated income statement at the time the right to receive them arises, which is the time of the official announcement of receipt of the payment by the appropriate governing body of the entity. If the dividends correspond to the profits of the issuer before the date of initial recognition, they will not be recognized as income but as reduction of the gross carrying amount of the equity instrument because it represents a partial recuperation of the investment. Amongst other circumstances, the generation date can be considered to be prior to the date of initial recognition if the amounts distributed by the issuer as from the initial recognition are higher than its profits during the same period.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Income from commissions collected/paid:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:35.43pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial fees are an integral part of the actual performance of a financing transaction and are collected in advance. They can be:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">Fees charged for the origination or acquisition of financing transactions that are not measured at fair value through profit or loss, such as those charged for the evaluation of the borrower's financial condition, for the analysis and recording of various collateral, as well as those charged for negotiating the terms of transactions or preparing and processing documentation and the closing of transactions, will be deferred and recognized over the life of the transaction as an adjustment to the performance of the transaction. These fees, forming part of the effective rate of the loans, will be deferred and recognized over the life of the transaction as an adjustment to the performance of the transaction. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">Fees agreed as compensation for the commitment to grant financing when it is not measured at fair value through profit or loss and it is probable that the Group will enter into a specific loan agreement, are deferred and recognized over the life of the transaction as an adjustment to the performance of the transaction. If the commitment expires before the entity makes the loan such fee is recognized as revenue at the time of expiration.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:35.43pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Non-financial commissions derived from the provision of financial services other than financing transactions may be:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.53pt">Related to the performance of a service rendered over time (e.g. account administration fees or fees collected in advance for the issuance or renewal of credit cards), in which case they are recognized over time based on the degree of progress in providing the service.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-17.86pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.12pt">Related to the performance of a service rendered at a specific time (e.g. underwriting of securities, currency exchange, advice or syndication of a loan), in which they are recognized in the income statement at the time of collection.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Commissions, fees and similar items:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Income and expense relating to commissions and similar fees are recognized in the consolidated income statement using criteria that vary according to the nature of such items. The most significant items in this regard are:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">Those relating to financial assets and liabilities measured at fair value through profit or loss, which are recognized immediately in the income statement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">Those arising from transactions or services that are provided over a period of time, which are recognized over the life of these transactions or services.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:76.25pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.82pt">Those relating to a singular transaction, which are recognized when this singular transaction is carried out.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Deferred collections and payments:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These are recognized for accounting purposes at the amount resulting from discounting the expected cash flows at market rates.</span></div>
<span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Non-financial income and expense:</span><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a general rule, they are recognized on an accrual basis, that is, as the contractually committed goods or services are delivered or rendered and recognized as revenue over the life of the contract.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:35.43pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the event that consideration is received or there is a right to receive consideration without delivery of the contractually committed goods or services, a liability is recognized in the balance sheet until it is recognized in the income statement. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:35.43pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the case of collections and payments deferred over time, they are recognized for accounting purposes at the amount resulting from discounting the expected cash flows at market rates.</span></div>
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:1.93pt">Sales of assets and income from the provision of non-financial services</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The heading “Other operating income” in the consolidated income statements includes the proceeds of the sales of assets and income from the services provided by the Group entities that are not financial institutions. In the case of the Group, these entities are mainly real estate and service entities (see Note 42).</span></div>
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:3.05pt">Foreign-currency transactions and exchange differences</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The currency in which the Financial Statements of the BBVA Group are presented is the euro. As such, all balances and transactions denominated in currencies other than the euro are deemed to be expressed in “foreign currency”.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Conversion to euros of the balances held in foreign currency is performed in two consecutive stages:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">conversion of the foreign currency to the entity’s functional currency (currency of the main economic environment in which the entity operates); and</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">conversion to euros of the balances held in the functional currencies of the entities whose functional currency is not the euro.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Conversion of the foreign currency to the entity’s functional currency</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Transactions denominated in foreign currencies carried out by the consolidated entities (or entities accounted for using the equity method) are initially accounted for in their respective currencies. Subsequently, the monetary balances in foreign currencies are converted to their respective functional currencies using the exchange rate at the close of the financial year. In addition,</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Non-monetary items valued at their historical cost are converted to the functional currency at the exchange rate applicable on the purchase date.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Non-monetary items valued at their fair value are converted at the exchange rate in force on the date on which such fair value was determined.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Monetary items are converted to the functional currency at the closing exchange rate.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Income and expense are converted at the period’s average exchange rates for all the operations carried out during the year, except in those geographical areas where IAS 29 “Financial Reporting in Hyperinflationary Economies” applies (see Note 2.2.18). When applying this criterion the BBVA Group considers whether significant variations have taken place in exchange rates during the year which, owing to their impact on the statements as a whole, may require the application of exchange rates as of the date of the transaction instead of such average exchange rates.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The exchange differences produced when converting the balances in foreign currency to the functional currency of the consolidated entities are generally recognized under the heading "Exchange differences, net" in the consolidated income statements (see Note 41). However, the exchange differences in non-monetary items measured at fair value are recorded to equity under the heading “Accumulated other comprehensive income (loss) - Items that will not be reclassified to profit or loss - Fair value changes of equity instruments measured at fair value through other comprehensive income” in the consolidated balance sheets (see Note 30).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Conversion of functional currencies to euros</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances in the financial statements of consolidated entities whose functional currency is not the euro are converted to euros as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Assets and liabilities: at the closing spot exchange rates as of the date of each of the consolidated balance sheets.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Income and expense and cash flows are converted by applying the exchange rate applicable on the date of the transaction, and the average exchange rate for the financial year may be used, unless it has undergone significant variations during the year.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Equity items: at the historical exchange rates. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The exchange differences arising from the conversion to euros of balances in the functional currencies of the consolidated entities whose functional currency is not the euro are recognized under the heading “Accumulated other comprehensive income (loss) – Items that may be reclassified to profit or loss - Foreign currency translation” in the consolidated balance sheets (see Notes 30 and 31 respectively). Meanwhile, the differences arising from the conversion to euros of the financial statements of entities accounted for by the equity method are recognized under the heading “Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Share of other recognized income and expense of investments in joint ventures and associates" (see Note 30), until the item to which they relate is derecognized, at which time they are recognized in the income statement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The financial statements of companies of hyperinflationary economies are restated for the effects of changes in prices before their conversion to euros following the provisions of IAS 29 "Financial Reporting in Hyperinflationary Economies" (see Note 2.2.18). Both these adjustments for inflation and the exchange differences that arise when converting the financial statements of companies into hyperinflationary economies are accounted for in “Accumulated other comprehensive income (loss) – Items that may be reclassified to profit or loss - Foreign currency translation”.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the main consolidated balances in foreign currencies, with reference to the most significant foreign currencies, is set forth in Appendix VII.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Venezuela</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Local financial statements of the Group subsidiaries in Venezuela are expressed in Venezuelan bolivar and converted into euros for the consolidated financial statements. Venezuela is a country with strong exchange restrictions that has different rates officially published, and, since December 31, 2015, the Board of Directors considers that the use of official exchanges rates for converting bolivars into euros in preparing the Consolidated Financial Statements does not reflect the true picture of the financial statements of the Group and the financial position of the Group subsidiaries in this country. Therefore, since the year ended December 31, 2015, the exchange rate for converting bolivars into euros is an estimation whose calculation incorporates available market references, in order to obtain a more representative approximation of the prevailing financial conditions (see Note 2.2.18).</span></div>
<div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Conversion of the foreign currency to the entity’s functional currency</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Transactions denominated in foreign currencies carried out by the consolidated entities (or entities accounted for using the equity method) are initially accounted for in their respective currencies. Subsequently, the monetary balances in foreign currencies are converted to their respective functional currencies using the exchange rate at the close of the financial year. In addition,</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Non-monetary items valued at their historical cost are converted to the functional currency at the exchange rate applicable on the purchase date.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Non-monetary items valued at their fair value are converted at the exchange rate in force on the date on which such fair value was determined.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Monetary items are converted to the functional currency at the closing exchange rate.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Income and expense are converted at the period’s average exchange rates for all the operations carried out during the year, except in those geographical areas where IAS 29 “Financial Reporting in Hyperinflationary Economies” applies (see Note 2.2.18). When applying this criterion the BBVA Group considers whether significant variations have taken place in exchange rates during the year which, owing to their impact on the statements as a whole, may require the application of exchange rates as of the date of the transaction instead of such average exchange rates.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The exchange differences produced when converting the balances in foreign currency to the functional currency of the consolidated entities are generally recognized under the heading "Exchange differences, net" in the consolidated income statements (see Note 41). However, the exchange differences in non-monetary items measured at fair value are recorded to equity under the heading “Accumulated other comprehensive income (loss) - Items that will not be reclassified to profit or loss - Fair value changes of equity instruments measured at fair value through other comprehensive income” in the consolidated balance sheets (see Note 30).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Conversion of functional currencies to euros</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances in the financial statements of consolidated entities whose functional currency is not the euro are converted to euros as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Assets and liabilities: at the closing spot exchange rates as of the date of each of the consolidated balance sheets.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Income and expense and cash flows are converted by applying the exchange rate applicable on the date of the transaction, and the average exchange rate for the financial year may be used, unless it has undergone significant variations during the year.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Equity items: at the historical exchange rates. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The exchange differences arising from the conversion to euros of balances in the functional currencies of the consolidated entities whose functional currency is not the euro are recognized under the heading “Accumulated other comprehensive income (loss) – Items that may be reclassified to profit or loss - Foreign currency translation” in the consolidated balance sheets (see Notes 30 and 31 respectively). Meanwhile, the differences arising from the conversion to euros of the financial statements of entities accounted for by the equity method are recognized under the heading “Accumulated other comprehensive income (loss) - Items that may be reclassified to profit or loss - Share of other recognized income and expense of investments in joint ventures and associates" (see Note 30), until the item to which they relate is derecognized, at which time they are recognized in the income statement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The financial statements of companies of hyperinflationary economies are restated for the effects of changes in prices before their conversion to euros following the provisions of IAS 29 "Financial Reporting in Hyperinflationary Economies" (see Note 2.2.18). Both these adjustments for inflation and the exchange differences that arise when converting the financial statements of companies into hyperinflationary economies are accounted for in “Accumulated other comprehensive income (loss) – Items that may be reclassified to profit or loss - Foreign currency translation”.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the main consolidated balances in foreign currencies, with reference to the most significant foreign currencies, is set forth in Appendix VII.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Venezuela</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Local financial statements of the Group subsidiaries in Venezuela are expressed in Venezuelan bolivar and converted into euros for the consolidated financial statements. Venezuela is a country with strong exchange restrictions that has different rates officially published, and, since December 31, 2015, the Board of Directors considers that the use of official exchanges rates for converting bolivars into euros in preparing the Consolidated Financial Statements does not reflect the true picture of the financial statements of the Group and the financial position of the Group subsidiaries in this country. Therefore, since the year ended December 31, 2015, the exchange rate for converting bolivars into euros is an estimation whose calculation incorporates available market references, in order to obtain a more representative approximation of the prevailing financial conditions (see Note 2.2.18).</span></div>
<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:2.06pt">Entities and branches located in countries with hyperinflationary economies</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In accordance with the criteria established in IAS 29 "Financial Reporting in Hyperinflationary Economies”, to determine whether an economy has a high inflation rate the country's economic situation is examined, analyzing whether certain circumstances are fulfilled, such as whether the population prefers to keep its wealth or savings in non-monetary assets or in a relatively stable foreign currency, whether prices can be set in that currency, whether interest rates, wages and prices are pegged to a price index or whether the accumulated inflation rate over three years approaches or exceeds 100%. The fact that any of these circumstances is fulfilled will not be a decisive factor in considering an economy hyperinflationary, but it does provide some reasons to consider it as such. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Since 2022, 2018 and 2009, the economies of Turkey, Argentina and Venezuela, respectively, have been considered hyperinflationary under the above criteria. As a result, the financial statements of the BBVA Group’s entities located in such geographical areas have been adjusted to correct for the effects of inflation. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a consequence of the application of IAS 29 "Financial Reporting in Hyperinflationary Economies", the Group applies the following criteria in the financial statements of the Group companies that operate in these three geographical areas:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The historical cost of non-monetary assets and liabilities (see Notes 17, 18 and 21), assets contractually linked to changes in prices and various headings in equity are adjusted to reflect changes in the purchasing power of the currency due to inflation from their date of acquisition or inclusion in the consolidated balance sheet, or if this is later, with the limit of its recoverable value. The restatement has been made using the Consumer Price Index with "Accumulated other comprehensive income (loss)" as counterparty.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Consequently, the different lines of the income statement, within equity, are adjusted by the inflation index since their inception, with a corresponding entry under the heading "Accumulated other comprehensive income (loss)". </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The loss of the net monetary position, which represents the loss of purchasing power of the entity due to maintaining an excess of monetary assets not linked to inflation (mainly loans, credits and bonds) over monetary liabilities, is recorded in the line "Other operating expense" in the income statement and with a credit to "Accumulated other comprehensive income (loss)".</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">All the components of the financial statements of the subsidiaries are converted at the closing exchange rate, recording the conversion differences to the euro within "Accumulated other comprehensive income (loss)" as stated in IAS 21 "Effects of Changes in Foreign Exchange Rates".</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Turkey</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The combined result derived from the application of the above criteria amounted to a loss of €1,305 million in 2025, of which €1,120 million is attributable to owners of the parent (€1,498 million and €2,242 million loss attributable to owners of the parent in 2024 and 2023, respectively). This impact includes mainly the loss of the net monetary position, which amounts to a gross amount of €878 million and is recorded in the line “Other operating expense” in the consolidated income statement (€1,512 million and €2,118 million in 2024 and 2023, respectively), and it was partially offset by the positive impact of the revaluation of certain bonds linked to inflation, for a gross amount of €674 million (€1,164 million and €1,202 million in 2024 and 2023, respectively), given that, under IAS 29 "Financial Reporting in Hyperinflationary Economies", these types of bonds are considered protective assets (see Note 42).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, during 2025 the impact on equity of Group entities located in Turkey derived from the application of IAS 29 and the conversion to the euro (IAS 21) amounted to €-898 million (€1,253 million in 2024), of which €-781 million (€1,072 million in 2024) have been recorded within “Equity – Accumulated other comprehensive income (loss)”, and €-117 million (€181 million in 2024) have been recorded within “Minority interests – Accumulated other comprehensive income (loss)”, respectively (see Notes 30 and 31).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">According to the Turkish Statistical Institute (Turkstat), accumulated inflation in 2025 stood at 30.9% (44.4% and 64.8% in 2024 and 2023, respectively) and the exchange rate used as of December 31, 2025 was 50.48 Turkish lira per euro (36.74 and 32.65 in 2024 and 2023, respectively). </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Argentina</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The combined result derived from the application of the above criteria amounted to a loss of €494 million, of which €331 million is attributable to owners of the parent in 2025 (€810 million and €1,574 million loss attributable to owners of the parent in 2024 and 2023, respectively). This impact includes mainly the loss of the net monetary position, which amounts to a gross amount of €356 million and is recorded in the line “Other operating expense” in the consolidated income statement in 2025 (€1,419 million and €1,062 million in 2024 and 2023, respectively).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Furthermore, during 2025, the impact on equity of Group entities located in Argentina derived from the application of IAS 29 and the conversion to the euro (IAS 21) amounted to €-417 million (€1,115 million and €-634 million in 2024 and 2023, respectively) of which €-278 million (€745 million and €-428 million in 2024 and 2023, respectively) have been recorded within “Equity – Accumulated other comprehensive income (loss)”, and €-140 million (€370 million and €-206 million in 2024 and 2023, respectively) have been recorded within “Minority interests – Accumulated other comprehensive income (loss)” (see Notes 30 and 31).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Accumulated inflation estimated by the National Census Institute of Argentina (INDEC) and BBVA Research for the year 2025 was 30.5% (118% and 215% in 2024 and 2023, respectively) and the exchange rate used as of December 31, 2025 was 1,714.81 Argentine pesos per euro (1,072.66 and 892.81 in 2024 and 2023, respectively).</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Venezuela</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The combined result derived from the application of the above criteria amounted to a loss of €75 million, of which €41 million is attributable to owners of the parent in 2025 (€20 million and €10 million attributable to owners of the parent in 2024 and 2023, respectively). This impact includes mainly a loss of the net monetary position and certain protective assets which offset such loss, which together amounts to a gross amount of €183 million, recorded in the line “Other operating expense” in the consolidated income statement in 2025 (€9 million and €28 million in 2024 and 2023, respectively).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During 2025, 2024 and 2023 the impact on equity of Group entities located in Venezuela derived from the application of IAS 29 and the conversion to the euro (IAS 21) amounted to €-81 million, €-1 million and €-22 million respectively, of which €-44 million, €-1 million and €-12 million have been recorded within "Equity – Accumulated other comprehensive income (loss)" and €-37 million, €0 million and €-10 million have been recorded within “Minority interests – Accumulated other comprehensive income (loss)" (see Notes 30 and 31).</span></div>Accumulated inflation for the year 2025, as estimated by BBVA Research, was 754% (69% and 111% in 2024 and 2023, respectively) and the exchange rate used as of December 31, 2025 was 665.04 Venezuelan bolivars per euro (68.83 and 43.23 in 2024 and 2023, respectively). In this regard, and given the lack of official inflation data from the central bank of Venezuela, the Group estimates inflation by applying an internal methodology based on the variation of the estimated exchange rate.
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:21.84pt">BBVA Group</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group is an international diversified financial group with a significant presence in retail banking, wholesale banking and asset management. The Group also operates in the insurance sector.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following information is detailed in the appendices of these consolidated financial statements of the Group for the year ended December 31, 2025:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Appendix I shows relevant information related to the consolidated subsidiaries and structured entities.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Appendix II shows relevant information related to investments in joint ventures and associates accounted for using the equity method. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Appendix III shows the main changes and notification of investments and divestments in the BBVA Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Appendix IV shows fully consolidated subsidiaries with more than 10% of their capital owned by non-Group shareholders.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:130%">The following table sets forth information related to the Group’s total assets as of December 31, 2025, 2024 and 2023, broken down by the Group’s entities according to their activity: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CONTRIBUTION TO CONSOLIDATED GROUP TOTAL ASSETS. ENTITIES BY MAIN ACTIVITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Banking and other financial services</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">818,287</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">733,860</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">737,971</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Insurance and pension fund managing companies</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,521</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,439</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,520</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other non-financial services</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,768</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,103</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,068</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">859,576</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">772,402</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">775,558</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The total assets and results of operations broken down by operating segments are included in Note 6.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group’s activities are mainly located in Spain, Mexico, Turkey and South America, with active presence in other areas of Europe, the United States and Asia:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Spain. The Group’s activity in Spain is mainly carried out through Banco Bilbao Vizcaya Argentaria, S.A. The Group also has other entities that mainly operate in Spain’s financial sector, insurance sector and asset management sector.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Mexico. The BBVA Group operates in Mexico, not only in the banking sector, but also in the insurance sector and the asset management sector, through BBVA Mexico.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Turkey. The Group’s activity in Turkey is mainly carried out through the Garanti BBVA Group in the financial, insurance and asset management sectors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">South America. The BBVA Group’s activities in South America are mainly focused on the banking, financial and insurance sectors, in the following countries: Argentina, Colombia, Peru, Uruguay, Chile, Venezuela and Brazil, the latter focused on the CIB (Corporate & Investment Banking). The Group owns more than 50% of most of the Group entities based in these countries. Appendix I shows entities in respect of which the BBVA Group owns less than 50% as of December 31, 2025 (see Note 2.1). The Group also has representative offices in Sao Paulo (Brazil) and in Santiago (Chile).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Rest of Europe. Group's activity in Europe (excluding Spain) is carried out by banking and financial institutions, mainly in Switzerland, the Netherlands and Romania, and through branches, mainly the BBVA Bank's branches in Germany, Belgium, France, Italy, Portugal, the United Kingdom, and the Garanti BBVA Bank's branch in Malta, as well as the Group's digital banks in Italy and Germany.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The United States. The Group's activity in the United States is mainly carried out by the branch of Banco Bilbao Vizcaya Argentaria, S.A. in New York, the agency of BBVA Mexico in Houston, participations in technology companies through funds and investment vehicles and the broker-dealer business BBVA Securities Inc. Additionally, in 2024, a representative office of Banco Bilbao Vizcaya Argentaria, S.A. was opened in Houston. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Asia. The Group's activity in Asia is conducted through the Bank's branches (Taipei, Tokyo, Hong Kong, Singapore and Shanghai) and representative offices (Beijing, Seoul, Mumbai, Abu Dhabi and Jakarta).</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Significant transactions in the Group in 2025, 2024 and 2023</span></div>During the years 2025, 2024 and 2023 no significant or relevant corporate operations have been completed. The voluntary public tender offer for the entire share capital of Banco de Sabadell, S.A. announced by BBVA on May 9, 2024, was no longer in effect on October 16, 2025, following the publication of its outcome by the CNMV, as the minimum acceptance condition established by BBVA was not met.
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:130%">The following table sets forth information related to the Group’s total assets as of December 31, 2025, 2024 and 2023, broken down by the Group’s entities according to their activity: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CONTRIBUTION TO CONSOLIDATED GROUP TOTAL ASSETS. ENTITIES BY MAIN ACTIVITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Banking and other financial services</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">818,287</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">733,860</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">737,971</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Insurance and pension fund managing companies</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,521</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,439</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,520</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other non-financial services</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,768</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,103</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,068</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">859,576</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">772,402</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">775,558</span></td></tr></table></div>
818287000000
733860000000
737971000000
37521000000
34439000000
34520000000
3768000000
4103000000
3068000000
859576000000
772402000000
775558000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:21.24pt">Shareholder remuneration system</span><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Shareholder Remuneration Policy</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA announced in November 2021 by means of Relevant Information the amendment of the Group's shareholder remuneration policy, which establishes as a policy to distribute annually between 40% and 50% of the consolidated ordinary profit for each year (excluding amounts and items of an extraordinary nature included in the consolidated income statement).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This policy is implemented through the distribution of an interim dividend for the year (which is expected to be paid in October of each year) and a final dividend or final distribution (which is expected to be paid at the end of the year and once the application of the result is approved, foreseeably in April of each year), with the possibility of combining cash distributions with share buybacks, all subject to the corresponding authorizations and approvals applicable at any given time.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Shareholder remuneration during financial year 2023</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Cash </span><span style="background-color:#ffffff;color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">distributions</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During the 2023 financial year, the Annual General Shareholders' Meeting and the Board of Directors approved the payment of the following cash amounts: </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The Annual General Shareholders’ Meeting of BBVA held on March 17, 2023, approved, under item 1.3 of the Agenda, a cash distribution against the 2022 results as a final dividend for the 2022 financial year, for an amount equal to €0.31 gross (€0.2511 net of withholding tax) per outstanding BBVA share entitled to participate in this distribution, which was paid on April 5, 2023. The total amount paid, excluding dividends paid in respect of treasury shares held by the Group's companies other than BBVA, S.A., amounted to €1,857 million. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The Board of Directors, at its meeting held on September 27, 2023, resolved the payment of a cash interim dividend, for the 2023 financial year, of €0.16 gross (€0.1296 net of withholding tax) per outstanding BBVA share entitled to participate in this distribution, which was paid on October 11, 2023. The total amount paid, excluding dividends paid in respect of treasury shares held by the Group's companies other than BBVA, S.A., amounted to €951 million.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="background-color:#ffffff;color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Shareholder remuneration during financial year 2024</span></div><div style="margin-top:2pt;text-align:justify"><span style="background-color:#ffffff;color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Cash distributions</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During the 2024 financial year, BBVA's General Shareholders' Meeting and Board of Directors approved the following cash payments:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The Annual General Shareholders' Meeting held on March 15, 2024 approved, in item 1.3 of its Agenda, a cash distribution charged to the results of the 2023 financial year as a final dividend for the 2023 financial year, in the amount of €0.39 gross (€0.3159 net of withholding tax) </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">per each outstanding BBVA share entitled to participate in this distribution</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">, which was paid on April 10, 2024. </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The total amount paid, excluding dividends paid in respect of treasury shares held by the Group's companies other than BBVA, S.A., amounted to</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> €2,245 million.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">By means of an inside information notice (</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">información privilegiada</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">) dated </span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">September 26, 2024, that the Board of Directors of BBVA had agreed to pay an amount on account of the dividend for the 2024 financial year, in the amount of €0.29 gross (€</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">0.2349 net of withholding tax) per each outstanding BBVA share entitled to participate in this distribution</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">, which was paid on October 10, 2024. </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The total amount paid, excluding dividends paid in respect of treasury shares held by the Group's companies other than BBVA, S.A., amounted to</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> €1,668 million.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Shareholder remuneration during financial year 2025</span></div><div style="margin-top:2pt;text-align:justify"><span style="background-color:#ffffff;color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Cash distributions </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During the 2025 financial year, the Annual General Shareholders' Meeting and the Board of Directors approved the payment of the following cash amounts:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The Annual General Shareholders' Meeting of BBVA held on March 21, 2025, approved, under item 1.3 of the Agenda, such cash distribution against the 2024 results as a final dividend for the 2024 financial year, for an amount equal to €0.41 gross (€0.3321 net of withholding tax) per outstanding BBVA share entitled to participate in this distribution, which was paid on April 10, 2025. The total amount paid, excluding dividends paid in respect of treasury shares held by the Group's companies other than BBVA, S.A., amounted to €2,357 million. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">By means of an inside information notice (</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">información privilegiada</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">) dated September 29, 2025, BBVA announced that the Board of Directors had approved the payment of a cash interim dividend of €0.32 gross (€0.2592 net of withholding tax) per each outstanding BBVA share entitled to participate in this distribution, which was paid on November 7, 2025. The total amount paid, excluding dividends paid in respect of treasury shares held by the Group's companies other than BBVA, S.A., amounted to €1,840 million. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The forecasted financial statement, drawn up in compliance with the applicable legal requirements, which evidenced the existence of sufficient liquidity to distribute the abovementioned amount approved by the Board of Directors of BBVA, was the following: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:84.874%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.926%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="background-color:#ffffff;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">AVAILABLE AMOUNT FOR INTERIM DIVIDEND PAYMENTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:8pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">August 31, 2025</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Profit of BBVA, S.A., after the provision for income tax</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,518</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Constitution of legal reserve ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(110)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Maximum amount distributable </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,408</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Amount of proposed interim dividend ⁽¹⁾</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,205</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA cash balance available to the date</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27,334</span></div></td></tr></table><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;letter-spacing:-0.05em;line-height:120%">(1) In the event that the maximum number of new shares authorized by the Board to satisfy the offer price in the public takeover bid made on Banco de Sabadell, S.A. were issued, which was rendered ineffective on October 16, 2025.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Other shareholder remuneration</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On February 5, 2026, BBVA announced by means of an inside information notice filing with the CNMV that a cash distribution in the amount of €0.60 gross (€0.4860 net of withholding tax) per each of the outstanding shares entitled to receive said distribution, expected to be paid in April 2026 as the final dividend for the year 2025, was planned to be proposed to the corresponding governing bodies for consideration as ordinary remuneration to shareholders for 2025.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Share buyback programs</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Share buyback program in 2023</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On February 1, 2023, BBVA announced, among others, that it planned to submit for the consideration of the corresponding BBVA governing bodies the execution of a €422 million share buyback program, subject to obtaining the corresponding regulatory authorizations and to the communication of the specific terms and conditions of the share buyback program before its execution. On March 17, 2023, after receiving the required authorization from the ECB, BBVA announced through an Inside Information notice the execution of a time-scheduled buyback program for the repurchase of own shares in accordance with the Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse and Commission Delegated Regulation (EU) No. 2016/1052 of March 8, 2016 ("the Regulations"), aimed at reducing BBVA’s share capital by a maximum monetary amount of €422 million. The execution was carried out internally by BBVA, executing the trades through BBVA. By means of an Other Relevant Information notice dated April 21, 2023, BBVA announced the completion of the share buyback program upon reaching the maximum monetary amount of €422 million, having acquired 64,643,559 own shares, between March 20 and April 20, 2023, representing, approximately, 1.07% of BBVA's share capital as of said date.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On June 2, 2023, BBVA notified through an Other Relevant Information notice a partial execution of the share capital reduction resolution adopted by the Annual General Shareholders’ Meeting of BBVA held on March 17, 2023, under item 3 of the agenda through the reduction of BBVA’s share capital in a nominal amount of €31,675,343.91 and the consequent redemption, charged to unrestricted reserves, of 64,643,559 own shares of €0.49 par value each acquired derivatively by BBVA in execution of the aforementioned share buyback program and which were held in treasury shares (see Notes 26, 27, 28 and 29).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On July 28, 2023, BBVA announced, by means of an Inside Information notice, its request to the ECB for the correspondent supervisory authorization in order to carry out a share buyback program of up to €1,000 million, subject to the authorization requested being granted, to the adoption of the corresponding corporate resolutions and to the communication of the specific terms and conditions of the share buyback program before its execution. This share buyback program was considered as an extraordinary shareholder distribution. On October 2, 2023, after receiving the required authorization from the ECB, BBVA announced that it would implement a buyback program for the repurchase of own shares in accordance with the Regulations, aimed at reducing BBVA’s share capital by a maximum monetary amount of €1,000 million. The execution was carried out internally by BBVA, executing the trades through BBVA.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">By means of an Other Relevant Information notice dated November 29, 2023, BBVA announced the completion of the share buyback program upon reaching the maximum monetary amount of €1,000 million, having acquired 127,532,625 own shares, between October 2 and November 29, 2023, representing, approximately, 2.14% of BBVA's share capital as of said later date.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On December 19, 2023, BBVA notified through an Other Relevant Information notice the second partial execution of the share capital reduction resolution adopted by the Annual General Shareholders’ Meeting of BBVA held on March 17, 2023, under item 3 of the agenda through the reduction of BBVA’s share capital in a nominal amount of €62,490,986.25 and the consequent redemption, charged to unrestricted reserves, of the 127,532,625 own shares of €0.49 par value each acquired derivatively by BBVA in execution of the aforementioned extraordinary share buyback program and which were held in treasury shares (see Notes 26, 27, 28 and 29).</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Share buyback program in 2024</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On January 30, 2024, BBVA announced, among other matters, that it planned to submit for the consideration of the corresponding BBVA governing bodies the execution of a €781 million share buyback program, subject to obtaining the corresponding regulatory authorizations and to the communication of the specific terms and conditions of the share buyback program before its execution. On March 1, 2024, after receiving the required authorization from the ECB, BBVA announced by means of an Inside Information notice the execution of a time-scheduled buyback program for the repurchase of own shares, all in accordance with the Regulations, for a maximum monetary amount of €781 million. The execution was carried out externally by Citigroup Global Markets Europe AG.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">By means of an Other Relevant Information notice dated April 9, 2024, BBVA announced the completion of the share buyback program upon reaching the maximum monetary amount, having acquired a total of 74,654,915 own shares, between March 4 and April 9, 2024, representing, approximately, 1.28% of BBVA's share capital as of such date. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On May 24, 2024, BBVA notified through an Other Relevant Information notice the partial execution of the share capital reduction resolution adopted by the Annual General Shareholders’ Meeting of BBVA held on March 15, 2024, under item 3 of the Agenda, through the reduction of BBVA’s share capital in a nominal amount of €36,580,908.35 and the consequent redemption, charged to unrestricted reserves, of the 74,654,915 own shares of €0.49 par value each acquired derivatively by BBVA in execution of the share buyback program and which were held as treasury shares (see Notes 26, 27, 28 and 29).</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Share buyback programs in 2025</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On January 30, 2025, BBVA announced, among other matters, the execution of a share buyback program of BBVA shares, with the purpose of reducing BBVA’s share capital, for a monetary amount of €993 million, subject to obtaining the corresponding regulatory authorizations and to the communication of the specific terms and conditions of the share buyback program before its execution.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On October 30, 2025, after receiving the required authorization from the ECB, BBVA announced by means of an Inside Information notice the execution of a time-scheduled buyback program for the repurchase of own shares, with the purpose of reducing BBVA's share capital, all in accordance with the Regulations, for a maximum monetary amount of €993 million. The execution was carried out externally by Citigroup Global Markets Europe AG. By means of an Other Relevant Information notice dated December 10, 2025, BBVA announced the completion of the share buyback program upon reaching the maximum monetary amount, having acquired a total of 54,316,765 BBVA shares, between October 31 and December 10, 2025, representing, approximately, 0.93% of BBVA's share capital as of such date. On December 23, 2025, BBVA notified through an Other Relevant Information notice the partial execution of the share capital reduction resolution adopted by the Annual General Shareholders’ Meeting of BBVA held on March 21, 2025, under item 3 of the Agenda, through the reduction of BBVA’s share capital in a nominal amount of €26,615,214.85 and the consequent redemption, charged to unrestricted reserves, of the 54,316,765 BBVA shares of €0.49 par value each acquired derivatively by BBVA in execution of the aforementioned BBVA share buyback program and which were held as treasury shares (see Notes 26, 27, 28 and 29).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On December 19, 2025, and after receiving the required authorization from the ECB, BBVA announced, by means of an Inside Information notice, that the Board of Directors of BBVA, at its meeting on December 18, 2025, had agreed to carry out the execution of a framework share buyback program for the repurchase of BBVA shares, all in accordance with the Regulations. This program will be executed in several tranches for a maximum monetary amount of €3,960 million, with the purpose of reducing BBVA's share capital (the "Framework Program"), without prejudice to the possibility of suspending or terminating the Framework Program early if circumstances warrant. It also announced that the Board of Directors agreed to execute a first tranche of the Framework Program in compliance with the Regulations, for the purpose of reducing BBVA's share capital for a maximum monetary amount of €1,500 million. The execution of this tranche started on December 22, 2025, and is carried out externally by J.P. Morgan SE. Between December 22, 2025 and February 13, 2026, J.P. Morgan SE has acquired 51,166,012 BBVA shares within this program.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Proposal on allocation of earnings of BBVA, S.A. for 2025 </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In accordance with current mercantile regulations, the earnings subject to distribution correspond to the individual result of Banco Bilbao Vizcaya Argentaria, SA, the parent company of the BBVA Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below is the distribution of the earnings of Banco Bilbao Vizcaya Argentaria, S.A. for the 2025 financial year, which the Board of Directors will submit for approval to the Annual General Shareholders’ Meeting:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:82.069%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.731%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ALLOCATION OF EARNINGS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Profit (loss) of BBVA, S.A. for the year</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,157</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Distribution</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interim dividends</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,842</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Final dividend</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,425</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reserves / Accumulated gains</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,889</span></div></td></tr></table></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The forecasted financial statement, drawn up in compliance with the applicable legal requirements, which evidenced the existence of sufficient liquidity to distribute the abovementioned amount approved by the Board of Directors of BBVA, was the following: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:84.874%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.926%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="background-color:#ffffff;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">AVAILABLE AMOUNT FOR INTERIM DIVIDEND PAYMENTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:8pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">August 31, 2025</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Profit of BBVA, S.A., after the provision for income tax</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,518</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Constitution of legal reserve ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(110)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Maximum amount distributable </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,408</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Amount of proposed interim dividend ⁽¹⁾</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,205</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA cash balance available to the date</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27,334</span></div></td></tr></table><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;letter-spacing:-0.05em;line-height:120%">(1) In the event that the maximum number of new shares authorized by the Board to satisfy the offer price in the public takeover bid made on Banco de Sabadell, S.A. were issued, which was rendered ineffective on October 16, 2025.</span></div>
5518000000
-110000000
5408000000
2205000000
27334000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In accordance with current mercantile regulations, the earnings subject to distribution correspond to the individual result of Banco Bilbao Vizcaya Argentaria, SA, the parent company of the BBVA Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below is the distribution of the earnings of Banco Bilbao Vizcaya Argentaria, S.A. for the 2025 financial year, which the Board of Directors will submit for approval to the Annual General Shareholders’ Meeting:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:82.069%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.731%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ALLOCATION OF EARNINGS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Profit (loss) of BBVA, S.A. for the year</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,157</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Distribution</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interim dividends</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,842</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Final dividend</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,425</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reserves / Accumulated gains</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,889</span></div></td></tr></table></div>
7157000000
1842000000
3425000000
1889000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:22.02pt">Earnings per share</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Basic and diluted earnings per share are calculated in accordance with the criteria established by IAS 33 "Earnings per share". For more information see Glossary.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The calculation of earnings per share is as follows:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:69.026%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.860%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BASIC AND DILUTED EARNINGS PER SHARE</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Numerator for basic and diluted earnings per share (millions of euros)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Profit attributable to parent company</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,511</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,054</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,019</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjustment: Additional Tier 1 securities ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(397)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(388)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(345)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Profit adjusted (millions of euros) (A)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,114</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,666</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,675</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Profit (loss) from continued operations (net of remuneration of Additional Tier 1 capital instruments)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,114</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,666</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,675</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Profit (loss) from discontinued operations (net of non-controlling interests) (B)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Denominator for basic earnings per share (number of shares outstanding, in millions) ⁽²⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Weighted average number of shares outstanding </span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,762</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,793</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,988</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Average treasury shares</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share buyback program (average)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(28)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Adjusted number of shares - Basic earnings per share (C)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,748</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,769</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,954</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Adjusted number of shares - diluted earnings per share (D)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,748</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,769</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,954</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Earnings (losses) per share </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1.76</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1.68</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1.29</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Basic earnings (losses) per share from continuing operations (Euros per share) A-B/C</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.76</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.68</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.29</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Diluted earnings (losses) per share from continuing operations (Euros per share) A-B/D</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.76</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.68</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.29</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Basic earnings (losses) per share from discontinued operations (Euros per share) B/C</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Diluted earnings (losses) per share from discontinued operations (Euros per share) B/D</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr></table></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Remuneration in the year related to perpetual contingent convertible securities, recognized in equity (see Note 22.4).</span></div><div style="margin-bottom:12pt;padding-left:13.5pt;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) For the calculation of earnings per share, the average number of shares in a year takes into account the redemptions made in such year related to the share buyback programs (see Note 4).</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, there were no other financial instruments or share option commitments to employees that could potentially affect the calculation of the diluted earnings per share for the years presented. For this reason, basic and diluted earnings per share are the same.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The calculation of earnings per share is as follows:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:69.026%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.860%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BASIC AND DILUTED EARNINGS PER SHARE</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Numerator for basic and diluted earnings per share (millions of euros)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Profit attributable to parent company</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,511</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,054</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,019</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjustment: Additional Tier 1 securities ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(397)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(388)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(345)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Profit adjusted (millions of euros) (A)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,114</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,666</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,675</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Profit (loss) from continued operations (net of remuneration of Additional Tier 1 capital instruments)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,114</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,666</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,675</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Profit (loss) from discontinued operations (net of non-controlling interests) (B)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Denominator for basic earnings per share (number of shares outstanding, in millions) ⁽²⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Weighted average number of shares outstanding </span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,762</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,793</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,988</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Average treasury shares</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share buyback program (average)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(28)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Adjusted number of shares - Basic earnings per share (C)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,748</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,769</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,954</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Adjusted number of shares - diluted earnings per share (D)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,748</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,769</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,954</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Earnings (losses) per share </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1.76</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1.68</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1.29</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Basic earnings (losses) per share from continuing operations (Euros per share) A-B/C</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.76</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.68</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.29</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Diluted earnings (losses) per share from continuing operations (Euros per share) A-B/D</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.76</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.68</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.29</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Basic earnings (losses) per share from discontinued operations (Euros per share) B/C</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Diluted earnings (losses) per share from discontinued operations (Euros per share) B/D</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr></table></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Remuneration in the year related to perpetual contingent convertible securities, recognized in equity (see Note 22.4).</span></div>(2) For the calculation of earnings per share, the average number of shares in a year takes into account the redemptions made in such year related to the share buyback programs (see Note 4)
10511000000
10054000000
8019000000
-397000000
-388000000
-345000000
10114000000
9666000000
7675000000
10114000000
9666000000
7675000000
0
0
0
5762000000
5793000000
5988000000
-9000000
-10000000
-5000000
-5000000
-13000000
-28000000
5748000000
5769000000
5954000000
5748000000
5769000000
5954000000
1.76
1.68
1.29
1.76
1.68
1.29
1.76
1.68
1.29
0
0
0
0
0
0
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:21.42pt">Operating segment reporting </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Operating segment reporting represents a basic tool in the oversight and management of the BBVA Group’s various activities. The BBVA Group compiles reporting information on disaggregated business activities. These business activities are then aggregated in accordance with the organizational structure determined by the BBVA Group's Management and, ultimately, into the reportable operating segments themselves. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, the structure of the information by operating segments and the Corporate Center reported by the BBVA Group remains the same as that as of the closing of the 2024 financial year.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group's areas or operating segments are summarized below: </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Spain includes mainly the banking, insurance and asset management businesses that the Group carries out in Spain.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Mexico includes the banking, insurance and asset management businesses in this country as well as the activity that BBVA Mexico carries out through its agency in Houston. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Turkey reports the activity of the Garanti BBVA group that is mainly carried out in this country and, to a lesser extent, in Romania and the Netherlands. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">South America includes the banking, finance, insurance and asset management businesses carried out mainly in Argentina, Chile, Colombia, Peru, Uruguay and Venezuela.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Rest of Business mainly includes the wholesale activity carried out in Europe (excluding Spain), the United States and (through BBVA branches located therein) Asia, as well as the Group's digital banks in Italy and Germany.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Corporate Center performs centralized Group functions, including: the costs of the head offices with a corporate function for the consolidated BBVA Group, management of structural exchange rate positions; certain portfolios, such as financial and industrial holdings; stakes in Funds & Investment Vehicles in tech companies; certain tax assets and liabilities; funds for employee commitments; goodwill and other intangible assets, as well as the financing of such portfolios and assets.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the BBVA Group’s total assets by operating segment and the Corporate Center as of December 31, 2025, 2024 and 2023 is as follows:</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.950%"><tr><td style="width:1.0%"></td><td style="width:55.981%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.206%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.206%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.207%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TOTAL GROUP ASSETS BY OPERATING SEGMENT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024 ⁽¹⁾</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023 ⁽¹⁾</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">456,419</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">411,620</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">452,423</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">182,525</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">168,470</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173,489</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">90,702</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,782</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">68,329</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76,648</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73,997</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64,779</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Business</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88,638</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66,534</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64,274</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal Assets by Operating Segment</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">894,931</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">803,404</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">823,294</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Corporate Center and adjustments </span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(35,355)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(31,002)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(47,736)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total Assets BBVA Group</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">859,576</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">772,402</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">775,558</span></td></tr></table></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) In the first quarter of 2025 certain immaterial balance sheet amounts related to specific activities undertaken by the business units were reallocated between the operating segments and the Corporate Center. As a result, certain expenses were reallocated, in particular, between Spain, Rest of Business and the Corporate Center. In order to make the period-on-period comparison homogeneous, the figures for the years 2024 and 2023 have been revised, which has not affected the consolidated financial information of the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following table sets forth certain summarized information relating to the results of each operating segment and the Corporate Center for the years ended December 31, 2025, 2024 and 2023:</span></div><div style="padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.950%"><tr><td style="width:1.0%"></td><td style="width:37.812%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.340%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.340%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.340%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.340%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.340%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.340%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.348%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MAIN MARGINS AND PROFIT BY OPERATING SEGMENT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="18" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Operating Segments</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Group</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">South America</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Rest of Business</span></div></td><td colspan="3" style="background-color:#001391;border-top:1pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Corporate Center and adjustments</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> </span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net interest income</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,280</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,588</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,424</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,079</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,830</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">828</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(469)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gross income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,931</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,027</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,198</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,213</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,363</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,807</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(678)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit (loss) before tax</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,227</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,933</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,341</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,863</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,758</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">772</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,440)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Attributable profit (loss)</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,511</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,175</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,264</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">805</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">726</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">627</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,086)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024 </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net interest income</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,267</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,384</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,556</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,492</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,589</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">742</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(495)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gross income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,481</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,443</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,337</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,212</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,405</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,472</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(388)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit (loss) before tax</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,405</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,263</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,522</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,741</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,342</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">648</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,110)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Attributable profit (loss)</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,054</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,752</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,447</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">611</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">635</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">511</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(901)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023 </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net interest income</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,089</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,570</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,054</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,869</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,394</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">539</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(336)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gross income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,542</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,848</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,267</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,981</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,331</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,113</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(999)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit (loss) before tax</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,419</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,855</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,329</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,324</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,189</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">499</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,777)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Attributable profit (loss)</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,019</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,690</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,319</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">527</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">601</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">403</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,522)</span></td></tr></table></div>(1) In the first quarter of 2025 certain immaterial balance sheet amounts related to specific activities undertaken by the business units were reallocated between the operating segments and the Corporate Center. As a result, certain expenses were reallocated, in particular, between Spain, Rest of Business and the Corporate Center. In order to make the period-on-period comparison homogeneous, the figures for the years 2024 and 2023 have been revised, which has not affected the consolidated financial information of the Group
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the BBVA Group’s total assets by operating segment and the Corporate Center as of December 31, 2025, 2024 and 2023 is as follows:</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.950%"><tr><td style="width:1.0%"></td><td style="width:55.981%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.206%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.206%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.207%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TOTAL GROUP ASSETS BY OPERATING SEGMENT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024 ⁽¹⁾</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023 ⁽¹⁾</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">456,419</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">411,620</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">452,423</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">182,525</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">168,470</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173,489</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">90,702</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,782</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">68,329</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76,648</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73,997</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64,779</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Business</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88,638</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66,534</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64,274</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal Assets by Operating Segment</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">894,931</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">803,404</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">823,294</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Corporate Center and adjustments </span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(35,355)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(31,002)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(47,736)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total Assets BBVA Group</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">859,576</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">772,402</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">775,558</span></td></tr></table></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) In the first quarter of 2025 certain immaterial balance sheet amounts related to specific activities undertaken by the business units were reallocated between the operating segments and the Corporate Center. As a result, certain expenses were reallocated, in particular, between Spain, Rest of Business and the Corporate Center. In order to make the period-on-period comparison homogeneous, the figures for the years 2024 and 2023 have been revised, which has not affected the consolidated financial information of the Group.</span></div>
456419000000
411620000000
452423000000
182525000000
168470000000
173489000000
90702000000
82782000000
68329000000
76648000000
73997000000
64779000000
88638000000
66534000000
64274000000
894931000000
803404000000
823294000000
-35355000000
-31002000000
-47736000000
859576000000
772402000000
775558000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following table sets forth certain summarized information relating to the results of each operating segment and the Corporate Center for the years ended December 31, 2025, 2024 and 2023:</span></div><div style="padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.950%"><tr><td style="width:1.0%"></td><td style="width:37.812%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.340%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.340%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.340%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.340%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.340%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.340%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.348%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MAIN MARGINS AND PROFIT BY OPERATING SEGMENT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="18" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Operating Segments</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Group</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">South America</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Rest of Business</span></div></td><td colspan="3" style="background-color:#001391;border-top:1pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Corporate Center and adjustments</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> </span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net interest income</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,280</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,588</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,424</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,079</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,830</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">828</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(469)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gross income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,931</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,027</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,198</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,213</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,363</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,807</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(678)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit (loss) before tax</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,227</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,933</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,341</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,863</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,758</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">772</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,440)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Attributable profit (loss)</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,511</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,175</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,264</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">805</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">726</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">627</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,086)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024 </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net interest income</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,267</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,384</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,556</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,492</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,589</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">742</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(495)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gross income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,481</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,443</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,337</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,212</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,405</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,472</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(388)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit (loss) before tax</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,405</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,263</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,522</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,741</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,342</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">648</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,110)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Attributable profit (loss)</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,054</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,752</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,447</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">611</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">635</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">511</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(901)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023 </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net interest income</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,089</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,570</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,054</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,869</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,394</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">539</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(336)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gross income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,542</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,848</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,267</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,981</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,331</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,113</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(999)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating profit (loss) before tax</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,419</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,855</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,329</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,324</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,189</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">499</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,777)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Attributable profit (loss)</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,019</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,690</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,319</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">527</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">601</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">403</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,522)</span></td></tr></table></div>(1) In the first quarter of 2025 certain immaterial balance sheet amounts related to specific activities undertaken by the business units were reallocated between the operating segments and the Corporate Center. As a result, certain expenses were reallocated, in particular, between Spain, Rest of Business and the Corporate Center. In order to make the period-on-period comparison homogeneous, the figures for the years 2024 and 2023 have been revised, which has not affected the consolidated financial information of the Group
26280000000
6588000000
11424000000
3079000000
4830000000
828000000
-469000000
36931000000
10027000000
15198000000
5213000000
5363000000
1807000000
-678000000
16227000000
5933000000
7341000000
1863000000
1758000000
772000000
-1440000000
10511000000
4175000000
5264000000
805000000
726000000
627000000
-1086000000
25267000000
6384000000
11556000000
1492000000
5589000000
742000000
-495000000
35481000000
9443000000
15337000000
4212000000
5405000000
1472000000
-388000000
15405000000
5263000000
7522000000
1741000000
1342000000
648000000
-1110000000
10054000000
3752000000
5447000000
611000000
635000000
511000000
-901000000
23089000000
5570000000
11054000000
1869000000
4394000000
539000000
-336000000
29542000000
7848000000
14267000000
2981000000
4331000000
1113000000
-999000000
12419000000
3855000000
7329000000
1324000000
1189000000
499000000
-1777000000
8019000000
2690000000
5319000000
527000000
601000000
403000000
-1522000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:22.91pt">Risk management</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:18.29pt">Risk factors </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group has processes in place for identifying risks and analyzing scenarios in order to enable the Group to manage risks in a dynamic and proactive way.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The risk identification processes are forward looking to seek the identification of emerging risks and take into account the concerns of both the business areas, which are close to the reality of the different geographical areas, and the corporate areas and senior management.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Risks are identified and measured consistently using the methodologies deemed appropriate in each case. Their measurement includes the design and application of scenario analyses and stress testing and considers the controls to which the risks are subjected. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As part of this process, a forward projection of the Risk Appetite Framework (hereinafter "RAF") variables in stress scenarios is conducted in order to identify possible deviations from the established thresholds. If any such deviations are detected, measures are taken to seek to keep the variables within the target risk profile. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In this context, there are a number of emerging risks that could affect the evolution of the Group’s business, including the below: </span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Macroeconomic and geopolitical risks</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group is sensitive to the deterioration of economic conditions and the alteration of the institutional environment of the countries in which it operates, and is exposed to sovereign debt, particularly in Spain, Mexico and Turkey.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The global economy is undergoing significant changes, due in part to the policies of the U.S. administration. Uncertainty surrounding their consequences is exceptionally high, substantially increasing geopolitical, economic, and financial risks.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The increase in U.S. tariffs on imports from its trading partners has triggered financial market volatility, reinforcing global-wide risks. High uncertainty regarding the final level and duration of these tariffs could negatively impact the global economy, worsening the macroeconomic environment. As a result of adopted or announced tariffs, global growth could decelerate significantly.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">While fiscal and monetary policies could partially offset the effects of global protectionism, notably in the Eurozone, where significant public spending increases have been announced, the impact of higher U.S. tariffs could be amplified by the adoption of retaliatory measures by other countries, sustained uncertainty, weakened confidence, and financial volatility, among other factors. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Rising tariffs also increase the risk of inflation in the United States and the Eurozone, which could further slow private demand and, at the same time, constrain the Federal Reserve’s and the ECB’s ability to lower rates if warranted by activity.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Beyond import tariffs, tighter controls on migration flows could also affect the labor market in the United States, add to inflationary pressures, and weigh on economic growth. The U.S. administration’s fiscal, monetary, regulatory, industrial, and foreign policies could likewise contribute to financial and macroeconomic volatility. This is compounded by concerns that the Federal Reserve’s independence in decision-making may be weakened by political considerations.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Amid growing uncertainty surrounding U.S. policies and the widening fiscal deficit, the U.S. risk premium could continue to rise, pushing up long-term sovereign yields and further weakening the U.S. dollar. These developments could trigger episodes of volatility, especially given the high public debt levels in both developed and emerging economies. Additionally, the relatively high valuations of AI-related assets constitute an additional source of uncertainty, with potential implications in the financial markets. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The rise of trade protectionism and the growing rivalry between the United States and China could further intensify geopolitical tensions, especially against the backdrop of ongoing conflicts in Ukraine and the Middle East, recent tensions in Latin America and Iran, and the Greenland crisis. In response to these risks and to changes in U.S. foreign policy, the European Union has taken steps to increase military spending, which could support growth but also add upward pressure on inflation and interest rates in the region. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Overall, rising global geopolitical tensions are increasing uncertainty about the global economy and the likelihood of economic and financial disruptions, including a recession.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group is exposed to, among others, the following general risks related to the economic and institutional environment in the countries where it operates: a deterioration in economic activity, including potential recession scenarios; inflationary pressures that could lead to a tightening of monetary conditions; stagflation triggered by intense or prolonged supply shocks, including as a result of a protectionist escalation or an increase in oil and gas prices; exchange rate volatility; adverse developments in real estate markets; changes in the institutional environment of the countries where the Group operates, which could lead to sudden and pronounced GDP contractions and/or shifts in regulatory or government policy, including capital controls, dividend restrictions, or the imposition of new taxes or levies; high levels of public debt or external deficits, which could lead to sovereign credit rating downgrades or even defaults or debt restructurings; the impact of the policies adopted by the current U.S. administration, about which significant uncertainty remains; and episodes of financial market volatility, such as those observed recently, that could result in significant losses for the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In Spain, political, regulatory, and economic uncertainty could negatively impact activity. In Mexico, considerable uncertainty persists regarding the impact of the recently approved constitutional reforms, as well as the policies of the U.S. administration and the outcome of the review of the United States-Mexico-Canada free trade agreement (USMCA). In Turkey, despite the gradual improvement in macroeconomic conditions, the situation remains relatively unstable, marked by pressure on the Turkish lira, high inflation, a significant trade deficit, relatively low central bank foreign exchange reserves, and high external financing costs. Recent political and social tensions could also generate renewed bouts of financial volatility and macroeconomic risks. Moreover, uncertainty remains over the impact on Turkey of the geopolitical situation in the Middle East. In South America, ongoing and potential interventionist actions by the United States in some of its countries constitute a significant source of risk. In Argentina, despite the improvement in prospects following significant fiscal, monetary and exchange rate adjustments, the risk of economic and financial turmoil persists. Lastly, in Colombia and Peru, meteorological events, political tensions, and a deterioration of public finances could weigh on economic performance.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Any of these factors may have a significant adverse impact on the Group’s business, financial condition and results of operations.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Regulatory and reputational risks</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial institutions are exposed to a complex and ever-changing regulatory environment defined by governments and regulators. Regulatory activity in recent years has affected multiple areas, including changes in accounting standards; strict regulation of capital, liquidity and remuneration; bank charges and taxes on financial transactions; regulations affecting mortgages, banking products and consumers and users; recovery and resolution measures; stress tests; prevention of money laundering and terrorist financing; market abuse; conduct in the financial markets; anti-corruption; and requirements as to the periodic publication of information. Governments, regulatory authorities and other institutions continually make proposals to strengthen the resistance of financial institutions to future crises. Further, there is an increasing focus on the climate-related financial risk management capabilities of banks (see section "Environmental, social and governance (“ESG”) risks may adversely impact the Group"). Any change in the Group’s business that is necessary to comply with any particular regulations at any given time, especially in Spain, Mexico or Turkey, could lead to a considerable loss of income, limit the Group’s ability to identify business opportunities, affect the valuation of its assets, force the Group to increase its prices and, therefore, reduce the demand for its products, impose additional costs on the Group or otherwise adversely affect its business, financial condition and results of operations. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The financial sector is under ever closer scrutiny by regulators, governments and society itself. In the course of activities, situations which might cause relevant reputational damage to the Group could arise and might affect the regular course of business.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">New business, operational and legal risks</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">New technologies and forms of customer relationships: Developments in the digital world and in information technologies pose significant challenges for financial institutions, entailing threats (new competitors, disintermediation, etc.) but also opportunities (new framework of relations with customers, greater ability to adapt to their needs, new products and distribution channels, etc.). Digital transformation is a priority for the Group as it aims to lead digital banking of the future as one of its objectives. In this sense, digital transformation is a priority for the Group, which includes among its commitments the development of advanced Next Gen technological capabilities, artificial intelligence, and continuous improvement of the customer experience. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Technological risks and security breaches: The Group is exposed to new threats such as cyber-attacks, theft of internal and customer databases, fraud in payment systems, etc. that require major investments in security from both the technological and human point of view. The Group gives great importance to the active operational and technological risk management and control. Any attack, failure or deficiency in the Group’s systems could, among other things, lead to the misappropriation of funds of the Group’s clients or the Group itself and the unauthorized disclosure, destruction or use of confidential information, as well as prevent the normal operation of the Group and impair its ability to provide services and carry out its internal management. In addition, any attack, failure or deficiency could result in the loss of customers and business opportunities, damage to computers and systems, violation of regulations regarding data protection and/or other regulations, exposure to litigation, fines, sanctions or interventions, loss of confidence in the Group’s security measures, damage to its reputation, reimbursements and compensation, and additional regulatory compliance expenses and could have a significant adverse impact on the Group’ s business, financial condition and results of operations. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Model risk: it is possible that a model used in critical processes presents deficiencies in its design, implementation, use, or interpretation, generating incorrect estimations that affect risk granting, solvency, the financial statements, regulatory compliance, or the Group’s reputation. This risk arises mainly from the use of inadequate assumptions, limitations in data quality or errors in model coding, and is especially relevant in an environment of growing complexity and dependence on models. BBVA is exposed to this risk due to the intensive use of models in essential areas such as credit risk measurement, the calculation of provisions for contingencies, and the valuation of other financial instruments, and the magnitude of this exposure is increased by the volume and diversity of the portfolios, data heterogeneity, and the incorporation of macroeconomic scenarios in certain metrics.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Legal risks: The financial sector faces an environment of increasing regulatory and litigious pressure, and thus, the various Group entities are frequently party to individual or collective judicial proceedings (including class actions) resulting from their activity and operations, as well as arbitration proceedings. The Group is also party to government procedures and investigations, such as those carried out by the antitrust authorities in certain countries which, among other things, have in the past and could in the future result in sanctions, as well as lead to claims by customers and others. In addition, the regulatory framework in the jurisdictions in which the Group operates is evolving towards a supervisory approach more focused on the opening of sanctioning proceedings while some regulators are focusing their attention on consumer protection and behavioral risk. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In Spain and in other jurisdictions where the Group operates, legal and regulatory actions and proceedings against financial institutions, prompted in part by certain judgments in favor of consumers handed down by national and supranational courts (with regards to matters such as credit cards and mortgage loans), have increased significantly in recent years and this trend could continue in the future. Legal and regulatory actions and proceedings faced by other financial institutions in relation to these and other matters, especially if such actions or proceedings result in favorable resolutions for the consumer, could also adversely affect the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">There are also claims before the Spanish courts challenging the validity of certain revolving credit card agreements. Rulings in these types of proceedings, whether against the Bank or other financial institutions, could negatively affect the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, in relation to the ESG area, factors that may affect these new business, operational and legal risks have been identified (see "Environmental, social and governance ("ESG") risks may adversely affect the Group"). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">All of the above may result in a significant increase in operating and compliance costs or even a reduction of revenues, and it is possible that an adverse outcome in any proceedings (depending on the amount thereof, the penalties imposed or the procedural or management costs for the Group) could damage the Group's reputation, generate a knock-on effect or otherwise adversely affect the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">It is difficult to predict the outcome of legal and regulatory actions and proceedings, both those to which the Group is currently exposed and those that may arise in the future, including actions and proceedings relating to former Group subsidiaries or in respect of which the Group may have indemnification obligations. Any of such outcomes could be significantly adverse to the Group. In addition, a decision in any matter, whether against the Group or against another credit entity facing similar claims as those faced by the Group, could give rise to other claims against the Group. In addition, these actions and proceedings attract resources from the Group and may occupy a great deal of attention on part of the Group's management and employees.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025 and December 31, 2024, the Group had €805 million and €791 million, respectively, in provisions for the proceedings it is facing (included in the line "Provisions for taxes and other legal contingencies" in the consolidated balance sheet) (see Note 24), of which €583 million and €610 million, respectively, correspond to legal contingencies and €222 million and 181 million, respectively, to tax related matters (see Note 19). However, the uncertainty arising from these proceedings (including those for which no provisions have been made, either because the probability of an unfavorable outcome for the Group is estimated to be remote, or because it is not possible to estimate them or for other reasons) makes it impossible to guarantee that the possible losses arising from the resolution of these proceedings will not exceed, where applicable, the amounts that the Group currently has provisioned and, therefore, could affect the Group's consolidated results in a given period.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a result of the above, legal and regulatory actions and proceedings currently faced by the Group or to which it may become subject in the future or which may otherwise affect the Group, whether individually or in the aggregate, if resolved in whole or in part adversely to the Group's interests, could have a material adverse effect on the Group’s business, financial condition and results of operations.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Spanish judicial authorities are investigating the activities of Centro Exclusivo de Negocios y Transacciones, S.L. (“Cenyt”). Such investigation includes the provision of services by Cenyt to BBVA. On July 29, 2019, BBVA was named as an investigated party (investigado) in a criminal judicial investigation (Preliminary Proceeding No. 96/2017 – Piece No. 9, Central Investigating Court No. 6 of the National High Court) for alleged facts which could constitute bribery, revelation of secrets and corruption. Certain current and former employees of the Group, as well as former directors and officers, have also been named as investigated parties in connection with this investigation. Since the beginning of the investigation, BBVA has been proactively collaborating with the Spanish judicial authorities, including sharing with the courts information obtained in the internal investigation hired by the entity in 2019 to contribute to the clarification of the facts.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">By order of the Criminal Chamber of the National High Court, the pre-trial phase ended on January 29, 2024. On June 20, 2024, the Judge issued an order authorizing the continuation of abbreviated criminal proceedings</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> against the Bank and certain current and former employees of the Bank, as well as against some former directors and officers, for alleged facts which could constitute bribery and revelation of secrets.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> It is not possible at this time to predict the possible outcomes or implications for the Group of this matter, including any fines, damages or harm to the Group’s reputation caused thereby.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Environmental, social and governance (ESG) risks may adversely impact the Group</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">ESG factors present risks associated with (i) climate change, including physical risks and transition risks (linked, among others, to changes in regulations, technologies, and market preferences associated with the transition to a less carbon-dependent economy); (ii) other environmental factors, such as biodiversity loss, water stress and other nature-related factors; (iii) social factors, such as human rights, inclusion, diversity and workplace safety; and (iv) corporate governance matters, such as the governance of environmental and social risks.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">ESG risks include short, medium and long-term risks that may adversely affect the Group and its customers or counterparties. ESG is an area of significant public debate and focus for governments and regulators, investors, the Group’s customers and counterparties, and other stakeholders, and, as a result, ESG risks are expected to continue to evolve, and may increase, over time.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Among others, ESG risks include the following: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">- Physical risks. The activities of the Group or those of its customers or counterparties could be adversely affected by the physical risks (including acute and chronic) arising from climate change or other environmental challenges. For example, extreme weather events and chronic shifts in the climate may damage or destroy properties and other assets of the Group or those of its customers or counterparties, make the insurance against certain risks more expensive or unfeasible, result in increased costs, or otherwise disrupt their respective operations (for example, if supply chains are disrupted as a result), diminishing –in the case of the Group’s customers or counterparties - their repayment capacity and, if applicable, the value of assets granted as collateral to the Group. The Group is also exposed to potential long-term physical risks arising from climate change and other environmental challenges, such as any ensuing deterioration in economic conditions that results in credit-related costs, or potential impacts on the Group’s assets and operations. The Group could also be required to change its business models in response to the foregoing.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">- Legal and regulatory risks. The ESG legal and regulatory landscape is increasingly fragmented. While legislatures and regulatory authorities in many jurisdictions continue to impose extensive requirements for financial institutions to integrate ESG considerations into their risk management and reporting frameworks, others are taking a different approach, with regulatory developments moving in the opposite direction, and a reduced emphasis on climate-related risk supervision, adding further complexity and uncertainty to the compliance environment. Legal and regulatory changes related to how banks consider and manage climate and other ESG risks or otherwise affecting banking practices or disclosure of information have resulted, and may continue to result, in higher compliance, operational and credit risks and costs. The Group’s customers and counterparties may be exposed to similar legal and regulatory changes, increasing their own compliance and operational risks and costs. Further, legal and regulatory changes have resulted, and may continue to result, in legal uncertainty and the existence of overlapping or conflicting regulatory or other requirements. They may also give rise to regulatory asymmetries whereby some persons, including the Group and its customers and counterparties, are more heavily regulated than others, placing such persons at a disadvantage. The Group or its customers or counterparties may be unable to meet any new requirements on a timely basis or at all, including new product and service specifications, governance frameworks and practices and disclosure requirements and standards. We expect ESG-related legal and regulatory requirements to continue to evolve in the coming years. In the case of banks in particular, such evolving laws and regulations could include further requirements or restrictions related to lending, investing, capital and liquidity adequacy and operational resilience. The incorporation of ESG risks in the existing prudential framework is still developing and may result in increased risk weighting of certain assets. Moreover, there are significant risks and uncertainties inherent in the development of adequate risk assessment and modeling capabilities with respect to ESG-related matters and the collection and use of customer, third-party and other data, which may result in the Group’s systems or frameworks (or those of its customers and counterparties, where applicable) being inadequate, inaccurate or based on incorrect or insufficient customer, third-party or other data, any of which could adversely affect the Group’s disclosure and financial reporting. Further, increased and/or divergent regulation arising from climate change and other ESG-related challenges could result in increased litigation by different stakeholders (including non-governmental organizations (NGOs)) and regulatory investigations and actions.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">- Technological risks. Certain of the Group’s customers and counterparties may be adversely affected by the progressive transition to a low-carbon economy and/or risks and costs associated with new low-carbon technologies. If the Group’s customers and counterparties fail to adapt to the transition to a low-carbon economy, or if the costs of doing so adversely affect their creditworthiness, this could adversely affect the Group’s loan portfolios.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">- Market risks. The Group and certain of the Group’s customers and counterparties may be adversely affected by changes in market preferences due to, among other things, increased ESG concern, on the one hand, or an opposing sentiment, on the other. These changes could impact the demand for our products and services, as well as for those of our customers and counterparties, and investor interest in our securities. Further, the funding costs of businesses that are perceived to be more exposed to climate change or to other ESG-related risks could increase. Any of this could result in the reduced creditworthiness of such customers and counterparties, adversely affecting the Group’s relevant loan portfolios. The Group and its customers and counterparties could also be adversely affected by changes in prices resulting from shifts in demand or supply brought by climate change or other ESG-related factors, including prices of energy and raw materials, or by their inability to foresee or hedge any such changes.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">- Reputational risks. The perception of climate change and other ESG-related matters as a risk and an appropriate consideration in business and investment decisions, by society, shareholders, customers, governments and other stakeholders (including NGOs), continues to evolve, including in relation to the financial sector’s activities. This may result in increased scrutiny of the Group’s activities, as well as its ESG-related policies, goals, decisions, disclosures or communications. The Group’s reputation and ability to attract or retain customers may be harmed if its response to concerns regarding ESG-related matters is deemed to be insufficient or inappropriate or if a perception is generated among the different stakeholders that the Group’s statements, actions or disclosure do not fairly reflect the underlying sustainability profile of the Group, its products, services, goals and/or policies. At the same time, the Group may refrain from undertaking lending or investing activities or other services that would otherwise have been profitable in order to fulfill its ESG obligations or goals or to avoid reputational harm. Divergent views on ESG policies may also have a negative impact on the Group’s reputation. Increased scrutiny of the Group’s activities, as well as its ESG-related policies, goals, decisions, disclosures and communications, may result in litigation and investigations and supervisory actions (including potential greenwashing or greenhushing claims). The Group has disclosed certain aspirational ESG-related goals and such goals, which are being pursued over the long term, may prove to be considerably more costly or difficult than currently expected, or even impossible, to achieve, including as a result of changes in regulation and policy, the pace of technological change and innovation and the actions of governments and the Group’s customers and competitors. Potential greenwashing claims arising from ESG-related statements, disclosure and/or actions of the Group may also give rise to reputational risks.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Any of these factors may have a material adverse effect on the Group’s business, financial condition and results of operations.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:16.1pt">Credit risk</span><div style="margin-bottom:12pt;margin-top:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Credit risk is the potential loss assumed by the Group as a result of the failure by the Group´s counterparties to meet their contractual obligations. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The general principles governing credit risk management in the BBVA Group are:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Risks taken should comply with the general risk policy established by the Board of Directors of BBVA.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Risks taken should be in line with the level of equity and generation of recurring revenue of the BBVA Group prioritizing risk diversification and avoiding relevant concentrations.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Risks taken should be identified, measured and assessed and there should be management and monitoring procedures, in addition to mitigation and control mechanisms.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Risks should be managed in a prudent and integrated manner during their life cycle and their treatment should be based on the type of risk. In addition, portfolios should be actively managed on the basis of a common metric (economic capital).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The main criterion when granting credit risks is the capability of the borrower or obligor to fulfill on a timely basis all financial obligations with its business income or source of income without depending upon guarantors, bondsmen or pledged assets.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Improve the financial health of our clients, help them in their decision-making and in the daily management of their finances based on personalized advice.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Help our clients in the transition towards a sustainable future, with a focus on climate change and inclusive and sustainable social development.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Credit risk management in the Group has an integrated structure for all its functions, allowing decisions to be taken objectively and independently throughout the life cycle of the risk.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">At Group level: frameworks for action and standard rules of conduct are defined for handling risk, specifically, the channels, procedures, structure and supervision.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">At the business area level: they are responsible for adapting the Group's criteria to the local realities of each geographical area and for direct management of risk according to the decision-making channel:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">Retail risks: in general, the decisions are formalized according to the scoring tools, within the general framework for action of each business area, with regard to risks. The changes in weighting and variables of these tools must be validated by the Global Risk Management (hereinafter "GRM") area.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">Wholesale risks: in general, the decisions are formalized by each business area within its general framework for action with regard to risks, which incorporates the delegation rule and the Group's corporate policies.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The risk function has a decision-making process supported by a structure of committees with a solid governance scheme, which describes their purposes and functioning for a proper performance of their tasks. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, credit risk is affected by climate change risk, mainly through physical and transition risks that may impact the payment capacity of counterparties and the valuation of the collateral used and, therefore, expected credit losses (see "Environmental, social and governance (“ESG”) risks may adversely impact the Group").</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Since 2024, the Group has begun incorporating climate risk factors into the process of calculating expected credit losses for loan portfolios through statistical models that consider both potential damage to collateral and the effect on customers' ability to pay due to physical and transition risks in the Group's main geographies. In particular, transition risk has been assessed using an approach that allows capturing its effect on the probability of default (PD) and the impact on customers' provisions in Stage 2 as well as a transfer of exposures from Stage 1 to Stage 2 for corporate portfolios. For physical risk, an approach has been used that would allow estimating the potential deterioration in the value of collateral (real estate assets in corporate and retail portfolios) and its effect on LGD. As of December 31, 2025 and 2024, the impact recorded for these risks was not significant. The Group will continue working to incorporate in these models the information available from time to time. </span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:10.28pt">Measurement of Expected Credit Loss</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">IFRS 9 requires determining the Expected Credit Loss (hereinafter "ECL") of a financial instrument in a way that reflects an unbiased estimation removing any conservatism or optimism, including the time value of money and a forward-looking perspective (including the economic forecast), all this based on the information that is available at a certain point in time and that is reasonable and bearable with respect to future economic conditions.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Therefore, the recognition and measurement of ECL is highly complex and involves the use of significant analysis and estimation including formulation and incorporation of forward-looking economic conditions into the ECL model.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The modeling of the ECL calculation is subject to a governance system that is common to the entire Group. Within this common framework, each geographical area makes the necessary adaptations to capture its particularities. The methodology, assumptions and observations used by each geographical area are reviewed annually, and after a validation and approval process, the outcome of this review is incorporated into the ECL calculations.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Risk parameters by homogeneous groups</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Expected losses can be estimated both individually and collectively. Regarding the collective estimate, the instruments are distributed in homogeneous groups (segments) that share similar risk characteristics. Following the guidelines established by the Group for the development of models under IFRS 9, each geographical area performs the grouping based on the information available, its representativeness or relevance and compliance with the necessary statistical requirements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Depending on the portfolio or the parameter being estimated, one risk driver or another will apply and different segments will reflect differences in PDs and LGDs. Thus, in each segment, changes in the level of credit risk will respond to the impact of changing conditions on the common range of credit risk drivers. The effect on the Group’s credit risk in response to changes in forward-looking information will be considered as well. Macroeconomic modeling for each segment is carried out using some of the shared risk characteristics.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These segments share credit risk characteristics such that changes in credit risk in a part of the portfolio are not concealed by the performance of other parts of the portfolio. In that sense, the methodology developed for ECL estimation indicates the risk drivers that have to be taken into account for PD segmentation purposes, depending on whether the estimation is for retail or wholesale portfolios.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As an example of the variables that can be taken into consideration to determine the final models, the following stand out:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">PD – Retail: Contractual residual maturity, credit risk scoring, type of product, days past due, forbearance, time on books, time to maturity, nationality of the debtor, sale channel, original term, indicator of credit card activity, percentage of initial drawn balance in credit cards.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">PD – Wholesale: Credit Risk Rating, type of product, watch-list level, forbearance (client), time to maturity, industry sector, updated balance (y/n), written off, grace period.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">LGD – Retail: credit Risk Scoring, segment, type of product, secured / unsecured, type of collateral, sales channel, nationality, business area, debtor’s commercial segment, forbearance (account) EAD (this risk driver could be correlated with the time on books or the LTV so, before including it, an assessment should be done in order to avoid a double counting effect), time on default of the account (for defaulted exposures), geographical location.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">LGD – Wholesale: credit Risk Rating, geographical location, segment, type of product, secured / Unsecured, type of collateral, business area, forbearance (client), debtor’s commercial segment time on default of the deal (for defaulted exposures).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">CCF – Wholesale/retail: percentage of initial drawn balance, debtor’s commercial segment, days past due, forbearance, credit limit activity, time on books.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the BBVA Group, the expected losses calculated are based on the internal models developed for all the Group's portfolios, unless clients are subject to individualized estimates.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Low Default Portfolios, which include portfolios with high credit quality such as exposures to other credit institutions, sovereign debt or corporates and small client's portfolios with high exposures such as specialized lending or fixed income, are characterized by a low number of defaults, so the Group's historical bases do not contain sufficiently representative information to build impairment models based on them. However, there are external sources of information that, based on broader observations, are capable of providing the necessary inputs to develop models of expected losses. Therefore, based on the rating assigned to these exposures and taking into account the inputs obtained from these sources, the calculations of expected losses are developed internally, including their projection based on the macroeconomic perspectives.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Individual estimation of Expected Credit Losses</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group periodically and individually reviews the situation and credit rating of its customers, regardless of their classification, taking into consideration the information deemed necessary to do so. It also has procedures in place within the risk management framework to identify the factors that may lead to increased risk and, consequently, to a greater need for provisions.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The monitoring model established by the Group consists of continuously monitoring the risks to which it is exposed, which guarantees their proper classification in the different categories of IFRS 9. The original analysis of the exposures is reviewed through the procedures for updating the rating tools (rating and scoring), which periodically review the financial situation of clients, influencing the classification by stages of exposures.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Within this credit risk management framework, the Group has procedures that seek to guarantee the review, at least annually, of all its wholesale counterparties through the so-called financial programs, which include the current and proposed positioning of the Group with the customer in terms of credit risk. This review is based on a detailed analysis of the client's up-to-date financial situation, which is complemented by other information available in relation to individual perspectives on business performance, industry trends, macroeconomic prospects or other public data. As a result of this analysis, the preliminary rating of the client is obtained, which, after undergoing the internal procedure, can be revised down if deemed appropriate (e.g., general economic environment or evolution of the sector). These factors in addition to the information that the client can provide are used to review the ratings even before the scheduled financial plan reviews are conducted if circumstances so warrant.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, the Group has established procedures to identify wholesale customers in the internal Watch List category, which is defined as that risk in which, derived from an individualized credit analysis, an increase in credit risk is observed, either due to economic or financial difficulties or because they have suffered, or are expected to suffer, adverse situations in their environment, without meeting the criteria for classification as impaired risk. Under this procedure, all a customer's Watch List exposures are considered stage 2 regardless of when they originated, if as a result of the analysis the customer is considered to have significantly increased risk.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Finally, the Group has Workout Committees, both local and corporate, which analyze not only the situation and evolution of significant clients in Watch List and impaired situations, but also those significant clients in which, although not on Watch List, may present some stage 2 rated exposure for a quantitative reason (PD comparison from origination). This analysis is carried out in order to decide if, derived from this situation, all the client's exposures should be considered in the Watch List category, which would imply the migration of all the client's operations to stage 2 regardless of the date on which they originated.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With this, the Group undertakes an individualized review of the credit quality of its wholesale counterparties, identifying the situations in which a change in the risk profile of these clients may have occurred and proceeding, where appropriate, to estimate individualized credit losses. Along with this review, the Group individually estimates the expected losses of those clients whose total exposure exceeds certain thresholds, including those that part of their operations may be classified in stage 1 and part in stage 2. In setting thresholds, each geographical area determines the minimum amount of a client's exposure whose expected losses must be estimated individually taking into account the following:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">For clients with exposures in stage 3. The analysis of clients with total risk above this threshold implies analyzing at least 40% of the total risk of the wholesale portfolio in stage 3. Although the calibration of the threshold is done on the wholesale portfolio, clients of other portfolios must be analyzed if they exceed the threshold, staying in stage 3.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">For all other situations. The analysis of clients with total risk above this threshold implies analyzing at least 20% of the total risk of the Watch List wholesale portfolio. Although the threshold calibration is carried out on the exposure classified as Watch List, wholesale clients or clients belonging to other portfolios that have exposures classified in stage 2 and whose total exposure exceeds the mentioned threshold must be analyzed individually, considering both the exposures classified in stage 1 as in stage 2.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Regarding the methodology for the individual estimation of expected losses, it should be mentioned, firstly, that these are measured as the difference between the asset’s carrying amount and the estimated future cash flows discounted at the financial asset’s effective interest rate.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The estimated recoverable amount should correspond to the amount calculated under the following method:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">the present value of estimated future cash flows discounted at the financial asset’s original effective interest rate; and </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">the estimation of the recoverable amount of a collateralized exposure reflects the cash flows that may result from the settlement of the collateral, as well as prospective information the analyst may implicitly include in the analysis.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The estimated future cash flows depend on the type of approach applied, which can be:</span></div><div style="margin-bottom:9pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Going concern scenario: when the entity has updated and reliable information about the solvency and ability of payment of the holders or guarantors. The operating cash flows of the debtor, or the guarantor, continue and can be used to repay the financial debt to all creditors. In addition, collateral may be exercised to the extent it does not influence operating cash flows. The following aspects should be taken into account:</span></div><div style="margin-bottom:9pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">Future operating cash flows should be based on the financial statements of the debtor.</span></div><div style="margin-bottom:9pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">When the projections made on these financial statements assume a growth rate, a constant or decreasing growth rate must be used over a maximum growth period of 3 to 5 years, and subsequently constant cash flows.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.82pt">The growth rate should be based on the analysis of the evolution of the debtor's financial statements or on a sound and applicable business restructuring plan, taking into account the resulting changes in the structure of the company (for example, due to divestments or the interruption of unprofitable lines of business).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">d.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">(Re)-investments that are needed to preserve cash flows should be considered, as well as any foreseeable future cash flow changes (e.g. if a patent or a long-term loan expires).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">e.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.68pt">When the recoverability of the exposure relies on the realization of the disposal of some assets by the debtor, the selling price should reflect the estimated future cash flows that may result from the sale of the assets less the estimated costs associated with the disposal.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Gone concern scenario: when the entity does not have updated and reliable information, it should consider that the estimation of loan receivable flows is highly uncertain. Estimation should be carried out through the estimation of recoverable amounts from the effective real guarantees received. It will not be admissible as effective guarantees, those whose effectiveness depends substantially on the creditworthiness of the debtor or economic group in which it takes part. Under a gone concern scenario, the collateral is exercised and the operating cash flows of the debtor cease. This could be the case if:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">The exposure has been past due for a long period. There is a rebuttable presumption that the allowance should be estimated under a gone concern criterion when arrears are greater than 18 months. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">Future operating cash flows of the debtor are estimated to be low or negative. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.82pt">Exposure is significantly collateralized, and this collateral is central to cash flow generation. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">d.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">There is a significant degree of uncertainty surrounding the estimation of the future cash flows. This would be the case if the earnings before interest, taxes, depreciation and amortization (EBITDA) of the two previous years had been negative, or if the business plans of the previous years had been flawed (due to material discrepancies in the backtesting).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">e.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.68pt">Insufficient information is available to perform a going concern analysis.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Significant increase in credit risk</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As indicated in Note 2.2, the criteria for identifying the significant increase in risk are applied consistently throughout the Group, distinguishing between quantitative reasons or by comparison of probabilities of default and qualitative reasons (more than 30 days of default, Watch List consideration or non-impaired refinancing).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">To manage credit risk, the Group uses all relevant information that is available and that may affect the credit quality of the exposures. This information may come mainly from the internal processes of admission, analysis and monitoring of operations, from the strategy defined by the Group regarding the price of operations or distribution by geographical areas, products or sectors of activity, from the observance of the macroeconomic environment, from market data such as interest rate curves, or prices of the different financial instruments, or from external sources of credit rating.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This set of information is the basis for determining the rating and scoring (see Note 7.2.4 for more information on rating and scoring systems) corresponding to each of the exposures and which are assigned a probability of default (PD) that, as already mentioned, is subject to an annual review process that assesses its representativeness (backtesting) and is updated with new observations. Furthermore, the projection of these PDs over time has been modeled based on macroeconomic expectations, which allows obtaining the probabilities of default throughout the life of the operations.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Based on this common methodology, and in accordance with the provisions of IFRS 9 and the EBA guidelines on credit risk management practices, each geographical area has established absolute and relative thresholds for identifying whether the expected changes in the probabilities of default have increased significantly compared to the initial moment, adapted to the particularities of each one of them in terms of origination levels, product characteristics, distribution by sectors or portfolios, and macroeconomic situation. To establish the aforementioned thresholds, a series of general principles are considered, such as:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Uniformity: based on the rating and scoring systems that, in a homogeneous manner, are implemented in the Group's units.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Stability: the thresholds must be established to identify the significant increase in risk produced in exposures since their initial recognition and not only to identify those situations in which it is already foreseeable that they will reach the level of impairment. For this reason, it is to be expected that of the total exposures there will always be a representative group for which said increased risk is identified.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Anticipation: the thresholds must consider the identification of the increased risk in advance with respect to the recognition of the exposures as impaired or even before a real default occurs. The calibration of the thresholds should minimize the cases in which the instruments are classified in stage 3 without having previously been recognized as stage 2.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Indicators or metrics: it is expected that the classification of the exposures in stage 2 will have sufficient permanence to be able to develop an anticipatory management plan with respect to them before, where applicable, they end up migrating to stage 3.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Symmetry: IFRS 9 provides for a symmetric treatment both to identify the significant increase in risk and to identify that it has disappeared, so the thresholds also work to improve the credit classification of exposures. In this sense, it is expected that the cases in which the exhibitions that improve from stage 3 are directly classified into stage 1 will be minimal.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The identification of the significant increase in risk from the comparison of the probabilities of default should be the main reason why exposures in stage 2 are recognized.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Specifically, a contract will be transferred to stage 2 when the following two conditions are met by comparing the current PD values and the origination PD values:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">(Current PD) / (Origination PD) - 1*100 >Relative Threshold (%) and</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Current PD – Origination PD > Absolute threshold (bps)</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These absolute and relative variation thresholds are consistently established for each geographical area and for each portfolio, taking into account their particularities and based on the principles described. The thresholds set by each geographical area are included within the annual review process and, generally speaking, are in the range of 130% to 250% for the relative threshold and from 30 to 100 basis points for the absolute threshold. Specifically, in BBVA, S.A.'s wholesale portfolio the relative threshold is from 180% to 200% and the absolute threshold ranges from 30 to 100 basis points; in the retail portfolio the relative threshold is 200% while the absolute threshold ranges between 50 and 100 basis points. For BBVA Mexico, the relative threshold for the wholesale portfolio is between 180% and 200% and the absolute threshold is between 30 basis points and 80 basis points. For the majority of the retail portfolio, the relative threshold is in the range of 170% and 250% and the absolute threshold between 10 and 100 basis points.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The establishment of absolute and relative thresholds, as well as their different levels, comply with the provisions of IFRS 9 when it indicates that a certain change, in absolute terms, in the risk of a default will be more significant for a financial instrument with a lower initial risk of default compared to a financial instrument with higher initial risk of default.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For existing contracts before the implementation of IFRS 9, given the limitations in the information available on them, the thresholds are calibrated based on the PDs obtained from the prudential or economic models for calculating capital.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Risk Parameters Adjusted by Macroeconomic Scenarios</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Expected Credit Loss (ECL) must include forward-looking information, in accordance with IFRS 9, which states that the comprehensive credit risk information must incorporate not only historical information but also all relevant credit information, also including forward-looking macroeconomic information. BBVA uses the typical credit risk parameters PD, LGD and EAD in order to calculate the ECL for the credit portfolios.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA methodological approach in order to incorporate the forward-looking information aims to determine the relation between macroeconomic variables and risk parameters following three main steps:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Step 1: Analysis and transformation of time series data.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Step 2: For each dependent variable find conditional forecasting models that are economically consistent.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Step 3: Select the best conditional forecasting model from the set of candidates defined in Step 2, based on their forecasting capacity.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">How economic scenarios are reflected in the calculation of ECL</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The forward-looking component is added to the calculation of the ECL through the introduction of macroeconomic scenarios as an input. Inputs highly depend on the particular combination of region and portfolio, so inputs are adapted to available data regarding each of them.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Based on economic theory and analysis, the main indicators most directly relevant for explaining and forecasting the selected risk parameters (PD, LGD and EAD) are: </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The net income of families, corporates or public administrations.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The outstanding payment amounts on the principal and interest on the financial instruments. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The value of the collateral assets pledged to the loan.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group estimates these parameters using a proxy indicator derived from the set of variables included in the macroeconomic scenarios provided by BBVA Research.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Only a single specific indicator for each of the three categories can be used and only one of the following core macroeconomic indicators should be chosen as first option:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The real GDP growth for the purpose of conditional forecasting can be seen as the only “factor” required for capturing the influence of all potentially relevant macro-financial scenarios on internal PDs and LGD.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The most representative short-term interest rate (typically the policy rate or the most liquid sovereign yield or interbank rate) or exchange rates expressed in real terms.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">A comprehensive and representative index of the price of real estate properties expressed in real terms in the case of mortgage loans and a representative and real term index of the price of the relevant commodity for corporate loan portfolios concentrated in exporters or producers of such commodity.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Real GDP growth is given priority over any other indicator not only because it is the most comprehensive indicator of income and economic activity but also because it is the central variable in the generation of macroeconomic scenarios.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Multiple scenario approach</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">IFRS 9 requires calculating an unbiased probability weighted measurement of ECL by evaluating a range of possible outcomes, including forecasts of future economic conditions. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA Research produces forecasts of the macroeconomic variables under the baseline scenario, which are used in the rest of the related processes of the Group, such as budgeting, ICAAP (Internal Capital Adequacy Assessment Process) and Risk Appetite Framework, stress testing, recovery plan, etc.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, BBVA Research produces alternative scenarios to the baseline scenario so as to meet the requirements under the IFRS 9 standard.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Alternative macroeconomic scenarios</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">For each of the macro-financial variables, BBVA Research produces three scenarios. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">BBVA Research tracks, analyzes and forecasts the economic environment to provide a consistent forward-looking assessment about the most likely scenario and risks that impact BBVA’s footprint. To build economic scenarios, BBVA Research combines official data, econometric techniques and expert judgement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Each of these scenarios corresponds to the expected value of a different area of the probabilistic distribution of the possible projections of the economic variables. These areas are not symmetric with respect to the baseline scenario, as the methodology used to generate alternative scenarios explicitly incorporates the asymmetry of macroeconomic risks. In this regard, BBVA selects those quartiles of the distribution that allow for the capture of events that are sufficiently differentiated from the central scenario, while remaining plausible and consistent with the forward-looking forecasting framework, thereby excluding extreme scenarios typically associated with stress-testing exercises.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The non-linearity overlay is defined as the ratio between the probability-weighted ECL under the alternative scenarios and the baseline scenario, where the scenario’s probability depends on the distance of the alternative scenarios from the base one. This non-linearity overlay ratio is calculated on a differentiated basis by accounting stage and risk segment, with the objective of appropriately reflecting the varying sensitivity of expected credit losses to macroeconomic conditions across portfolios. In addition, floors are applied to this ratio in order to prevent the consideration of negative values, thereby ensuring that the use of multiple scenarios does not artificially reduce expected credit losses relative to those estimated under the baseline scenario.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">BBVA Group establishes equally weighted scenarios, being the probability 34% for the baseline scenario, 33% for the unfavorable alternative scenario and 33% for the favorable alternative scenario.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The approach in the BBVA Group is based on the use of the most likely scenario, which is the baseline scenario, consistent with other internal processes (ICAAP, budgeting, etc.). The impact of the use of multiple scenarios is subsequently incorporated, calculated on the basis of the probability-weighted expected loss determined for each scenario.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On the other hand, the BBVA Group also takes into account the range of possible scenarios when defining its significant increase in credit risk. Thus, the PDs used in the quantitative process to identify the significant increase in credit risk will be those that result from making a weighted average of the PDs calculated under the three scenarios.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Macroeconomic scenarios </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The forward-looking information incorporated in the calculation of expected losses is in line with the macroeconomic perspectives published by BBVA Research, which are quarterly updated. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA Research forecasts a maximum of five years for the macroeconomic variables. The following forecasts (positive base and negative scenarios) of the GDP growth, unemployment rate and House Price Index (HPI), for the most relevant countries where they represent a significant factor, provided by BBVA Research, were used for the calculation of the ECL as of December 31, 2025:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.948%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">POSITIVE SCENARIO OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.94 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.89 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.26 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.69 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.75 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.81 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.82 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.52 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.58 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.08 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.91 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.74 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.99 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.37 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.47 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.65 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.36 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.52 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.34 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.94 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.90 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.17 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.29 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.89 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.75 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.09 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.34 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.65 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.78 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.47 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.77 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.98 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.21 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.81 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.28 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.58 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.70 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.65 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.84 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.29 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.90 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.61 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.44 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.55 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.80 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.63 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.53 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.45 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.626%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.628%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.35 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.98 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.58 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.17 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.89 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.64 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.87 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.06 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.92 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.97 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.41 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.43 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.03 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.94 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.41 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.91 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.24 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.24 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.15 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.79 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.04 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.77 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.29 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.06 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.91 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.69 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.10 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.80 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.38 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.15 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.79 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.59 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.94 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.97 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.45 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.16 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.107%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BASE SCENARIO OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.90 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.58 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.24 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.67 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.75 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.81 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.75 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.53 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.39 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.95 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.67 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.25 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.08 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.38 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.97 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.23 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.03 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.60 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.35 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.71 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.13 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.00 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.46 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.35 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.96 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.30 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.61 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.80 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.06 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.89 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.20 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.75 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.96 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.05 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.20 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.86 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.01 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.88 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.06 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.00 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.99 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.80 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.04 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.90 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.12 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.72 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.03 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.00 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.626%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.628%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.34 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.98 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.47 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.18 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.68 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.64 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.09 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.10 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.02 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.10 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.81 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.70 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.58 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.07 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.04 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.33 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.76 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.78 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.78 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.00 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.99 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.43 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.98 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.76 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.67 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.95 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.04 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.60 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.13 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.96 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.63 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.90 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.99 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.83 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.22 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.06 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.105%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="border-bottom:1pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NEGATIVE SCENARIO OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></div></td></tr><tr style="height:9pt"><td colspan="33" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.86 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.26 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.21 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.63 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.75 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.80 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.69 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.53 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.27 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.81 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.49 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.11 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.15 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.38 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.90 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.55 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.95)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.65 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.17)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.13)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.31 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.86 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.53 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.33 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.39)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.49 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.44)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.24 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.30 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.41 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.38 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.01 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.95)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.28 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4.28)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.40 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.28 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.25 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.16 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.14 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.66)</span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.98 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.91)</span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.45 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.39 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.96 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.20 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.97 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:10.697%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.366%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.366%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.366%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.366%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.511%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.16 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.99 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.29 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.18 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.49 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.65 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.98 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.24 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.00 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.32 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.61 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.04 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.31 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.35 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.05)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.88 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.50 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.56 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.66 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.38 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.27)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.20 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.22 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.76 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.67 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.41 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.03)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.48 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.53 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.09 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.73 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.42 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.91)</span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.72 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.67 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.29 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The estimate for the then-following five years of the following rates, used in the measurement of the expected loss as of December 31, 2024, consistent with the latest estimates made public at that date, was:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.105%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">POSITIVE SCENARIO OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.13 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.97 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.01 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.25 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.75 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.57 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.25 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.79 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.48 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.78 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.55 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.48 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.04 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.85 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.97 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.89 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.02 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.17 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.98 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.87 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.03 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.38 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.35 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.27 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.65 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.64 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.96 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.54 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.89 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.82 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.76 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.80 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.05 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.21 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.69 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.58 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.77 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.12 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.88 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.81 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.70 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.96 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.81 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.52 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.73 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.46 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.51 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.96 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.486%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.487%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.12 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.59 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.66)</span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.37 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.16 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.20 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.45 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.55 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.37 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.67 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.09 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.07 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.15 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.44 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.83 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.13 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.68 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.72 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.12 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.31 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.54 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.92 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.23 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.11 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.70 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.20 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.60 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.05 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.21 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.55 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.57 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.12 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.44 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.50 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.22 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.95 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.105%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BASE SCENARIO OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.09 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.43 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.99 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.24 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.75 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.57 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.18 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.80 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.29 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.75 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.32 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.99 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.13 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.85 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.48 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.46 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.69 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.35 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.99 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.64 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.25 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.21 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.52 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.73 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.86 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.95 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.24 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.70 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.17 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.23 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.18 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.58 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.80 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.55 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.61 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.87 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.08 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.36 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.11 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.52 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.80 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.25 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.41 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.87 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.04 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.55 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.01 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.51 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.486%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.487%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.10 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.59 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.76)</span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.38 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.96 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.20 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.67 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.59 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.48 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.80 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.49 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.34 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.70 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.57 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.47 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.55 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.19 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.26 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.75 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.52 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.48 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.58 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.92 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.81 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.45 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.47 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.54 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.85 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.96 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.36 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.41 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.42 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.48 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.35 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.99 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.86 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.105%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NEGATIVE SCENARIO OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.05 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.88 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.97 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.20 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.75 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.56 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.13 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.80 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.18 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.71 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.15 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.16)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.20 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.86 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.41 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.79 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.30)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.50 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.53)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.20)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.43 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.07 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.59 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.71 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.50)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.24 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.81)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.14 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.41 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.76 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.37 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.83 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.11)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.88 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.87)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.40 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.34 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.72 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.21 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.67 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.86)</span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.53 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.55)</span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.42 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.32 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.79 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.18 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.47 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.486%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.487%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.92 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.60 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.93)</span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.38 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.77 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.21 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.56 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.73 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.46 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.02 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.30 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.68 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.43 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.85 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.60)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.10 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.93 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.04 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.63 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.90 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.79)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.35 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.16 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.81 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.46 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.93 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.53)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.73 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.36 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.49 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.51 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.95 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.41)</span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.25 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.44 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.09 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Sensitivity to macroeconomic scenarios</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A sensitivity exercise has been carried out on the expected losses due to variations in the key hypotheses as they are the ones that introduce the greatest uncertainty in estimating such losses. As a first step, GDP and the House Price Index have been identified as the most relevant variables. These variables have been subjected to shocks of +/- 100 bps in their entire window with impact of the macro models. Independent sensitivities have been assessed, under the assumption of assigning a 100% probability to each determined scenario with these independent shocks. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Variation in expected loss is determined both by re-staging (that is: in worse scenarios due to the recognition of lifetime credit losses for additional operations that are transferred to stage 2 from stage 1 where 12 months of losses are valued: or vice versa in improvement scenarios) as well as variations in the collective risk parameters (PD and LGD) of each financial instrument due to the changes defined in the macroeconomic forecasts of the scenario. The variation in the expected loss for the Group and the main portfolios and geographical areas is shown below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:9.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.071%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.071%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.071%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.217%"></td><td style="width:0.1%"></td></tr><tr><td colspan="51" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">EXPECTED LOSS VARIATION AS OF DECEMBER 31, 2025</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Group</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Debt securities</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">- 100 bps</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">161</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">136</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">76</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">70</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">+100 bps</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(168)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(144)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(31)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(12)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(19)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(86)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(81)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(33)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(27)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Housing price</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">- 100 bps</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">+100 bps</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(28)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.071%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.071%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.071%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.358%"></td><td style="width:0.1%"></td></tr><tr><td colspan="51" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">EXPECTED LOSS VARIATION AS OF DECEMBER 31, 2024</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Group</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Debt securities</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> - 100 bps</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">153</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">135</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">74</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">27</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> +100 bps</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(170)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(145)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(20)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(26)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(18)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(92)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(89)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(33)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(21)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Housing price</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> - 100 bps</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> +100 bps</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(27)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr></table></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Estimation models and additional adjustments to expected loss measurement</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group periodically reviews its individual estimates and its models for collective estimates of expected losses, as well as the impact of macroeconomic scenarios considered for such purposes. It should be noted that, although these updates incorporate the best information available at any given time, they may not fully reflect the most recent developments in the economic environment, especially in contexts of high uncertainty and volatility or with respect to very recent events still underway. Furthermore, the Group may supplement such expected losses to incorporate effects that may not be included therein, either because it considers that there are additional risk factors, or because of the need to reflect sectoral particularities or those that may affect a set of operations or borrowers. Those adjustments are made according to a formal internal approval process established for this purpose, including, among others, the relevant committees of the Global Risk Management Committee (hereinafter, "GRMC").</span></div>As of December 31, 2025, the Group has not recorded any material adjustment to the models used in the estimation of expected credit losses following the reversal and, to a lesser extent, the use of the €33 million recorded as of December 31, 2024 related to the damage caused by Isolated Depression at High Levels (DANA) - in different Spanish municipalities between October 28 and November 4, 2024. As of December 31, 2023, €227 million were recorded as adjustments in Spain due to the review of the Loss Given Default (LGD) of certain specific transactions considered unlikely to pay mainly related to the mortgage portfolio, and €25 million in adjustments were recorded at a contract level in Turkey<span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:8.41pt">Credit risk exposure</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA Group’s credit risk exposure by headings in the consolidated balance sheets as of December 31, 2025, 2024 and 2023 is provided below. It does not consider the loss allowances and the availability of collateral or other credit enhancements to enable compliance with payment obligations. The details are broken down by category of financial instruments:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:52.897%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.300%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MAXIMUM CREDIT RISK EXPOSURE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">90,634</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,901</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,846</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,887</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,272</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,539</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">541</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,006</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives (trading and hedging) </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">49,141</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,919</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,360</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,046</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,020</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">513</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">488</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">581,271</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">536,123</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,765</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,383</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73,429</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73,387</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,881</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,881</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,263</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,230</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">472,697</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">427,625</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,727</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,346</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total financial assets risk</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">792,242</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total loan commitments and financial guarantees</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">312,578</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">303,063</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,839</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">676</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">227,554</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">220,990</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,385</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial guarantees given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,865</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,988</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">739</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">138</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60,159</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,084</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,715</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">359</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total maximum credit exposure</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,104,820</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:52.897%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.300%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MAXIMUM CREDIT RISK EXPOSURE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December<br/>2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">72,945</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,760</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,955</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,230</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,546</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,782</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">407</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">358</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">836</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives (trading and hedging) </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">53,229</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,115</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,451</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,639</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,315</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,309</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">514,086</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">467,910</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,930</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,246</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59,070</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,887</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">149</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,261</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,261</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,668</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,658</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">424,087</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">378,104</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,772</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,211</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total financial assets risk</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">710,757</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total loan commitments and financial guarantees</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">262,233</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">253,291</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,150</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">791</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">188,515</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">182,830</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,524</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">160</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial guarantees given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,503</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,513</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">798</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,215</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,948</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,828</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">439</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total maximum credit exposure</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">972,990</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:52.897%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.300%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MAXIMUM CREDIT RISK EXPOSURE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2023</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">106,749</span></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,589</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,569</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73,590</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,737</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,963</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">484</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">290</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">955</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives (trading and hedging) </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">48,747</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">62,289</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,217</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">61,047</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60,255</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">771</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">463,130</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">410,590</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">38,061</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,478</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,544</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,403</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">108</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,176</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,176</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,498</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,478</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">388,912</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">336,533</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,935</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,444</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total financial assets risk</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">690,606</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total loan commitments and financial guarantees</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">214,283</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">204,842</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,411</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,030</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">152,868</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">147,376</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,326</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">165</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial guarantees given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,839</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,612</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">998</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">229</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,577</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39,854</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,087</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">636</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total maximum credit exposure</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">904,889</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The maximum credit exposure presented in the table above is determined by type of financial asset as explained below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In the case of financial instruments recognized in the consolidated balance sheets, exposure to credit risk is considered equal to its carrying amount (not including loss allowances) with the only exception of trading and hedging derivatives in which the criterion described below applies.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The maximum credit risk exposure on financial commitments and guarantees granted is the maximum that the Group would be liable for if these guarantees were called in, or the higher amount pending to be disposed from the customer in the case of commitments.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The calculation of risk exposure for derivatives is based on the sum of two factors: the derivatives fair value and their potential risk (or "add-on").</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, there are no financial assets classified as purchased or originated credit-impaired in the consolidated balance sheets of the BBVA Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by geographical area and stage of the maximum credit risk exposure, the accumulated allowances recorded and the carrying amount of the loans and advances to customers recorded at amortized cost as of December 31, 2025, 2024 and 2023 is shown below:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:15.029%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.637%"></td><td style="width:0.1%"></td></tr><tr><td colspan="45" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross exposure</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated allowances</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">261,536</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">239,762</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,141</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,633</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,699)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(528)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(602)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,569)</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">256,838</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">239,235</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,539</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,064</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100,699</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91,333</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,549</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,817</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,482)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,346)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(629)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,507)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">97,217</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">89,987</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,919</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,310</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,756</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,214</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,866</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,676</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,011)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(176)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(356)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,478)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">53,745</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,038</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,510</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,198</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">53,331</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,988</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,140</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,203</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,095)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(373)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(299)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,423)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,235</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,614</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,841</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">780</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Others </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,375</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,327</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,366</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,326</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (4)</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">472,697</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">427,625</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,727</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,346</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(12,297)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,424)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,887)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,985)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">460,401</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">425,200</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">28,840</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,361</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: individual</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,304)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(266)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,023)</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: collective</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(10,992)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,409)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,622)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(6,962)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr></table><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Spain includes all countries where BBVA, S.A. operates.</span></div><div style="padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Turkey includes all countries in which Garanti BBVA operates.</span></div><div style="padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.</span></div><div style="padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2025, the remaining balance was €76 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the relevant instruments or value corrections are made when the losses materialize. </span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:14.793%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.362%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.791%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.362%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.791%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.658%"></td><td style="width:0.1%"></td></tr><tr><td colspan="45" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross exposure</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated allowances</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">232,185</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208,969</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,637</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,579</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,684)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(543)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(631)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,510)</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">227,501</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208,426</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,006</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,069</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91,717</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83,053</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,147</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,517</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,055)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,210)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(542)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,303)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88,662</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,843</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,605</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,214</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,083</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,708</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,534</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,841</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,784)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(243)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(390)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,151)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,299</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,465</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,144</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">690</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,897</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,204</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,431</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,262</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,079)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(393)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(283)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,403)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,818</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,811</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,148</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">860</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Others</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,205</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,170</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,197</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,170</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (4)</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">424,087</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">378,104</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,772</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,211</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,611)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,389)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,847)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,374)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">412,477</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">375,715</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">29,925</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,837</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: individual</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,532)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(321)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,197)</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: collective</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(10,079)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,376)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,526)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(6,177)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr></table></div><div style="padding-left:2.16pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Spain includes all countries where BBVA, S.A. operates.</span></div><div style="padding-left:2.16pt;padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Turkey includes all countries in which Garanti BBVA operates.</span></div><div style="padding-left:2.16pt;padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(3) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.</span></div><div style="padding-left:2.16pt;padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(4) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2024 the remaining balance was €107 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the relevant instruments or value corrections are made when the losses materialize.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.791%"><tr><td style="width:1.0%"></td><td style="width:14.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.134%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.134%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.708%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.708%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.134%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.850%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.708%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.708%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.134%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.275%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.708%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="39" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross exposure</span></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated allowances</span></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">214,522</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">183,503</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,953</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,066</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,593)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(503)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(714)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,375)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">209,929</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">183,000</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,239</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,690</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91,086</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,619</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,995</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,472</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,049)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,097)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(620)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,332)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88,037</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80,522</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,375</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,140</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39,058</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,105</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,234</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,719</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,641)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(167)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(314)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,160)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,416</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,938</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,920</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">559</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,151</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,237</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,738</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,176</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,976)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(319)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(377)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,280)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,175</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,918</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,362</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">896</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Others </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,094</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,069</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,085</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,068</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total ⁽⁴⁾</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">388,912</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">336,533</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">37,935</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,444</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,269)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,087)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,026)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,156)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">377,643</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">334,446</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">35,909</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,287</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: individual</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,665)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(471)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,179)</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: collective</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(9,604)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,072)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,555)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(5,977)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr></table><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%"> (1) Spain includes all countries where BBVA, S.A. operates.</span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Turkey includes all countries in which Garanti BBVA operates.</span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(3) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.</span></div><div style="text-indent:-0.01pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(4) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2023 the remaining balance was €142 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the operations or are applied to the value corrections when the losses materialize.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by counterparty of the maximum credit risk exposure, the accumulated allowances recorded, as well as the carrying amount by stages of loans and advances to customers as of December 31, 2025, 2024 and 2023 is shown below:</span></div><div style="margin-bottom:12pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:14.468%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.638%"></td><td style="width:0.1%"></td></tr><tr><td colspan="45" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross exposure</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated allowances</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net amount</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,924</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,829</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">77</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,905</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,820</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">75</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,547</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,435</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">101</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(25)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,522</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,419</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">221,504</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">204,454</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,932</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,118</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,113)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(591)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(561)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,961)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">217,390</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">203,862</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,371</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,157</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">201,723</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173,907</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,617</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,199</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8,140)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,808)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,324)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5,008)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">193,583</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">172,100</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,293</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,190</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">472,697</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">427,625</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,727</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,346</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(12,297)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,424)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,887)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,985)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">460,401</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">425,200</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">28,840</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,361</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:14.748%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.637%"></td><td style="width:0.1%"></td></tr><tr><td colspan="45" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross exposure</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated allowances</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net amount</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,133</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,982</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,111</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,974</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">118</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,524</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,040</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">471</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,497</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,027</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">467</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">197,521</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179,727</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,780</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,014</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,134)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(639)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(636)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,859)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">193,386</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179,087</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,143</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,156</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">186,910</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">159,355</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,396</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,158</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,427)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,729)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,199)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,499)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179,483</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">157,627</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,197</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,659</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">424,087</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">378,104</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,772</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,211</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,611)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,389)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,847)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,374)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">412,477</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">375,715</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">29,925</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,837</span></td></tr></table></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:14.511%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.362%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.791%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.362%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.659%"></td><td style="width:0.1%"></td></tr><tr><td colspan="45" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross exposure</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated allowances</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net amount</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,294</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,105</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">164</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(29)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,265</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,096</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">152</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,271</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,072</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">187</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,251</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,062</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">183</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">175,337</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">154,519</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,299</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,520</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,274)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(517)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(795)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,962)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171,063</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">154,002</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,503</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,558</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">177,009</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">145,837</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,286</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,886</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6,946)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,552)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,214)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,180)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">170,063</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">144,285</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,071</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,706</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">388,912</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">336,533</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">37,935</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,444</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,269)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,087)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,026)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,156)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">377,643</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">334,446</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">35,909</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,287</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:8.5pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by type of counterparty and product, net of loss allowances, and the gross carrying amount by type of counterparty as of December 31, 2025, 2024 and 2023 is shown below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:23.444%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.577%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.577%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.020%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Central banks</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">General governments</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Households</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On demand and short notice</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,424</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,735</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,192</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,479</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit card debt</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,585</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,061</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,651</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,113</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commercial debtors</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,019</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">135</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,600</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,541</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">131</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,426</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,723</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">162</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,166</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">263</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,610</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,862</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">181</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,120</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">563</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,864</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,865</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other term loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,141</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,871</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,418</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,027</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">168,758</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">162,253</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">392,469</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">401,489</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advances that are not loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">727</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">665</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,704</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,286</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,530</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">380</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,292</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,342</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,869</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">25,907</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,377</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">23,522</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">218,004</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">193,824</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">496,503</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">508,872</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By secured loans</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: mortgage loans collateralized by immovable property</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">213</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">889</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">31,091</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">102,431</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">134,624</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">137,107</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: other collateralized loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,530</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,628</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">624</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11,963</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,970</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">30,715</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">30,955</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By purpose of the loan</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: credit for consumption</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">74,965</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">74,965</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">80,560</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: lending for house purchase</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">103,397</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">103,397</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">104,890</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By subordination</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: project finance loans</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,579</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,579</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,663</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:23.444%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.577%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.577%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.020%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Central banks</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">General governments</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Households</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On demand and short notice</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,140</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,099</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,307</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,521</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit card debt</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,268</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,449</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,721</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,669</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commercial debtors</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,077</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,244</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,247</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,764</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,023</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,672</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">270</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,125</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,364</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">219</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,157</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,420</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,422</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other term loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,803</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,519</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,529</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,771</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">148,167</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">151,313</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">347,102</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">356,002</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advances that are not loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">452</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,960</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,365</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,084</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">353</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,330</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,397</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,255</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,111</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,719</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,497</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">193,579</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">179,610</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">443,769</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">455,399</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By secured loans</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: mortgage loans collateralized by immovable property</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">245</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">680</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29,307</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">97,627</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">127,860</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">130,633</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: other collateralized loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,059</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,628</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">530</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,996</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,648</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29,861</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">30,129</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By purpose of the loan</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: credit for consumption</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">67,446</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">67,446</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">72,447</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: lending for house purchase</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">98,570</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">98,570</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">100,218</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By subordination</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: project finance loans</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,669</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,669</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,901</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:23.444%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.577%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.577%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.020%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Central banks</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">General governments</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Households</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On demand and short notice</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,933</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,028</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,040</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,175</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit card debt</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,927</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,959</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,890</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,454</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commercial debtors</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">960</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">586</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,462</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,171</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,346</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">225</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,940</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">285</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,463</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,714</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,345</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,786</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,223</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,234</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other term loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,878</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,662</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,329</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,300</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">134,024</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">147,491</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">322,683</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">331,813</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advances that are not loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">927</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">412</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,312</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,186</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">956</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">324</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,116</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,164</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,151</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">23,265</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,502</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,251</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">171,241</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">170,175</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">402,586</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">413,901</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By secured loans</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: mortgage loans collateralized by immovable property</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">271</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">526</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">24,829</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">96,772</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">122,397</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">125,328</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: other collateralized loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,347</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,933</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,558</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">465</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,938</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,430</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">26,671</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">26,963</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By purpose of the loan</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: credit for consumption</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">59,892</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">59,892</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">64,303</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: lending for house purchase</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">97,555</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">97,555</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">99,224</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By subordination</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: project finance loans</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,181</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,181</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,743</span></div></td></tr></table></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:8.33pt">Mitigation of credit risk, collateralized credit risk and other credit enhancements</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In certain cases, maximum credit risk exposure is reduced by collateral, credit enhancements and other actions which mitigate the Group’s exposure. The BBVA Group applies a credit risk hedging and mitigation policy deriving from a banking approach focused on relationship banking. The existence of guarantees could be a necessary but not sufficient instrument for accepting risks, as the assumption of risks by the Group requires prior evaluation of the debtor’s capacity for repayment, or that the debtor can generate sufficient resources to allow the amortization of the risk incurred under the agreed terms.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The policy of accepting risks is therefore organized into three different levels in the BBVA Group:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">analysis of the financial risk of the transaction, based on the debtor’s capacity for repayment or generation of funds;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">the constitution of guarantees that are adequate, or at any rate generally accepted, for the risk assumed, in any of the generally accepted forms: monetary, secured, personal or hedge guarantees; and</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">assessment of the repayment risk (asset liquidity) of the guarantees received.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This is carried out through a prudent risk policy that consists of the analysis of the financial risk, based on the capacity for reimbursement or generation of resources of the borrower, the analysis of the guarantee, assessing, among others, the efficiency, the robustness and the risk, the adequacy of the guarantee with the operation and other aspects such as the location, currency, concentration or the existence of limitations. Additionally, the necessary tasks for the constitution of guarantees must be carried out - in any of the generally accepted forms (collaterals, personal guarantees and financial hedge instruments) - appropriate to the risk assumed.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The procedures for the management and valuation of collateral are set out in the corporate general policies (retail and wholesale), which establish the basic principles for credit risk management, including the management of collaterals assigned in transactions with customers. The criteria for the systematic, standardized and effective treatment of collateral in credit transaction procedures in BBVA Group’s wholesale and retail banking are included in the Specific Collateral Rules.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The methods used to value the collateral are in line with the best market practices and imply the use of appraisal of real estate collateral, the market price in market securities, the trading price of shares in mutual funds, etc. All the collaterals received must be correctly assigned and entered in the corresponding register. They must also have the approval of the Group’s legal units.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The valuation of the collateral is taken into account in the calculation of the expected losses. The Group has developed internal models to estimate the realization value of the collaterals received, the time that elapses until then, the costs for their acquisition, maintenance and subsequent sale, from real observations based on its own experience. This modeling is part of the LGD estimation processes that are applied to the different segments, and is included within the annual review and validation procedures.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following is a description of the main types of collateral for each financial instrument class:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Debt instruments held for trading: the guarantees or credit enhancements obtained directly from the issuer or counterparty are implicit in the clauses of the instrument (mainly guarantees of the issuer).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Derivatives and hedging derivatives: in derivatives, credit risk is minimized through contractual netting agreements, where positive- and negative-value derivatives with the same counterparty are offset for their net balance. There may likewise be other kinds of guarantees and collaterals, depending on counterparty solvency and the nature of the transaction (mainly collaterals).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The summary of the offsetting effect (via netting and collateral) for derivatives and securities operations as of December 31, 2025 is presented in Note 7.4.2.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Other financial assets designated at fair value through profit or loss and financial assets at fair value through other comprehensive income: the guarantees or credit enhancements obtained directly from the issuer or counterparty are inherent to the structure of the instrument (mainly personal guarantees).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, the BBVA Group had no significant credit risk exposure of impaired financial assets at fair value through other comprehensive income (see Note 7.2.2).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Financial assets at amortized cost:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">Loans and advances to credit institutions: these usually have the counterparty’s personal guarantee or pledged securities in the case of reverse repurchase agreements (reverse repos).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">Loans and advances to customers: most of these loans and advances are backed by personal guarantees extended by the customer. There may also be collateral to secure loans and advances to customers (such as mortgages, cash collaterals, pledged securities and other collateral), or to obtain other credit enhancements (bonds or insurances).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.82pt">Debt securities: the guarantees or credit enhancements obtained directly from the issuer or counterparty are inherent to the structure of the instrument.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Financial guarantees, other contingent risks and drawable by third parties: these have the counterparty’s personal guarantee or other types of collaterals.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The disclosure of impaired loans and advances at amortized cost covered by collateral (see Note 7.2.5), shown by type of collateral, as of December 31, 2025, 2024 and 2023, is the following: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:21.200%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.590%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.106%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">IMPAIRED LOANS AND ADVANCES AT AMORTIZED COST COVERED BY COLLATERAL (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Maximum exposure to credit risk</span></div></td><td colspan="15" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Of which secured by collateral</span></div></td></tr><tr style="height:21pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Residential properties</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Commercial properties</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Others</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">December 2025</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,346</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,496</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">495</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">907</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">December 2024</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,213</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,889</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">573</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,153</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">December 2023</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,446</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,167</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">771</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,226</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The value of guarantees received as of December 31, 2025, 2024 and 2023, is the following:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GUARANTEES RECEIVED (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Value of collateral</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">151,746</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">144,844</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">136,141</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: guarantees normal risks under special monitoring</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11,626</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11,318</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,274</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: guarantees non-performing risks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,081</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,562</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,035</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Value of other guarantees</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">65,944</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">56,589</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">53,462</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: guarantees normal risks under special monitoring</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,999</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,273</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,864</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: guarantees non-performing risks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">907</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,153</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,226</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total value of guarantees received</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">217,690</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">201,433</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">189,602</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The maximum credit risk exposure of impaired financial guarantees and other commitments as of December 31, 2025, 2024 and 2023 amounts to €676 million, €791 million and €1,030 million, respectively (see Note 7.2.2).</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:7.88pt">Credit quality of financial assets that are neither past due nor impaired</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group has tools that enable it to rank the credit quality of its transactions and customers based on an assessment and its correspondence with the probability of default (“PD”) scales. To analyze the performance of PD, the Group has a series of tracking tools and historical databases that collect the pertinent internally generated information. These tools can be grouped together into scoring and rating models.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Scoring</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Scoring is a decision-making model that contributes to both the arrangement and management of retail loans: consumer loans, mortgages, credit cards for individuals, etc. Scoring is the tool used to decide to originate a loan, what amount should be originated and what strategies can help establish the price, because it is an algorithm that sorts transactions by their credit quality. This algorithm enables the BBVA Group to assign a score to each transaction requested by a customer, on the basis of a series of objective characteristics that have statistically been shown to distinguish between the quality and risk of this type of transactions. The advantage of scoring lies in its simplicity and homogeneity: all that is needed is a series of objective data for each customer, and this data is analyzed automatically using an algorithm.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">There are three types of scoring, based on the information used and on its purpose:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Reactive scoring: measures the risk of a transaction requested by an individual using variables relating to the requested transaction and to the customer’s socio-economic data available at the time of the request. The new transaction is approved or rejected depending on the score.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Behavioral scoring: scores transactions for a given product in an outstanding risk portfolio of the entity, enabling the credit rating to be tracked and the customer’s needs to be anticipated. It uses transaction and customer variables available internally. Specifically, variables that refer to the behavior of both the product and the customer.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Proactive scoring: gives a score at customer level using variables related to the individual’s general behavior with the entity, and to his/her payment behavior in all the contracted products. The purpose is to track the customer’s credit quality and it is used to pre-approve new transactions.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Rating</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Rating tools, as opposed to scoring tools, focus on the rating of customers: companies, corporations, SMEs, general governments, etc. A rating tool is an instrument that, based on a detailed financial study, helps determine a customer’s ability to meet his/her financial obligations. The final rating is usually a combination of various factors: on one hand, quantitative factors, and on the other hand, qualitative factors. It is a middle road between an individual analysis and a statistical analysis.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The main difference between ratings and scorings is that the latter are used to assess retail products, while ratings use a wholesale banking customer approach. Moreover, scorings only include objective variables, while ratings add qualitative information. And although both are based on statistical studies, adding a business view, rating tools give more weight to the business criterion compared to scoring tools.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For portfolios where the number of defaults is low (sovereign risk, corporates, financial entities, etc.) the internal information is supplemented by “benchmarking” of the external rating agencies (Moody’s, Standard & Poor’s and Fitch). To this end, each year the PDs compiled by the rating agencies at each level of risk rating are compared, and the measurements compiled by the various agencies are mapped against those of the BBVA master rating scale.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The probability of default of transactions or customers is calibrated with a long-term view, since its purpose is to measure the risk quality beyond its time of estimation, seeking to capture information representative of the behavior of the portfolios during a complete economic cycle (a long-term average probability of default). This probability is mapped to the master scale developed by the BBVA Group in order to facilitate a homogeneous classification of its different risk portfolios.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These different levels and their probability of default were calculated by using as a reference the rating scales and default rates provided by the external agencies Standard & Poor’s and Moody’s. These calculations establish the levels of probability of default for the BBVA Group’s Master Rating Scale. Although this scale is common to the entire Group, the calibrations (mapping scores to PD sections/Master Rating Scale levels) are carried out at tool level for each country in which the Group has tools available.</span></div><div style="margin-bottom:12pt;margin-top:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The table below outlines the distribution of the gross carrying amount of loans and advances, contingent risk and commitments, in percentage terms, of the BBVA Group, based on their probability of default within 12 months and internal rating used in the calculation of the expected loss under IFRS 9, and their </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">stages,</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> as of December 31, 2025, 2024 and 2023:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.803%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.106%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PROBABILITY OF DEFAULT (BASIS POINTS) AND INTERNAL RATING</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subject to 12 month ECL (stage 1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subject to lifetime ECL (stage 2)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subject to 12 month ECL (stage 1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subject to lifetime ECL (stage 2)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subject to 12 month ECL (stage 1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subject to lifetime ECL (stage 2)</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Internal rating</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PDs</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AAA</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0 to 2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.8</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AA+ to AA-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2 to 5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.0</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A+ to A-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5 to 11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19.1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17.1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25.4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBB+ to BBB-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11 to 39</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24.6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.3</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BB+ to BB-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39 to 194</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21.2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20.6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.1</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">B+ to B-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">194 to 1,061</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.2</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">CCC+ to CCC-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,061 to 2,121</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.0</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.6</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">CC+ to C</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">> 2,121</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.9</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.8</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">95.1</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4.9</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">94.5</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5.5</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">92.4</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.6</span></td></tr></table></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:8.47pt">Impaired loan risks</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of loans and advances within financial assets at amortized cost by type of counterparty, including their respective gross carrying amount, impaired amount and accumulated impairment as of December 31, 2025, 2024 and 2023 is as follows:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:57.186%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.806%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impaired loans and advances</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated impairment </span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,881</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,924</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,263</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,547</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(25)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">221,504</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,118</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,113)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">201,723</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,199</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8,140)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">507,842</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,346</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(12,329)</span></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:1pt;margin-top:1pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:57.186%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.806%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impaired loans and advances</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated impairment </span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,261</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,133</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,668</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,524</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">197,521</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,014</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,134)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">186,910</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,158</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,427)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">455,016</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,213</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,630)</span></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:1pt;margin-top:1pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:57.186%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.806%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2023 (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impaired loans and advances</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated impairment </span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,176</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(25)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,294</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(29)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,498</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(21)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,271</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">175,337</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,520</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,274)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">177,009</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,886</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6,946)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">413,585</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,446</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,316)</span></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes during the years 2025, 2024 and 2023 of impaired financial assets and guarantees given are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:57.592%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.669%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.669%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.670%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CHANGES IN IMPAIRED FINANCIAL ASSETS AND GUARANTEES GIVEN (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,891</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,362</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,521</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,143</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,255</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,066</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Decreases</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6,893)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,346)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5,795)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net additions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,250</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,909</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,272</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amounts written-off</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,534)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,559)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,770)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,708)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(820)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(660)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,900</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,891</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,362</span></td></tr></table><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Reflects the total amount of impaired loans and advances derecognized from the consolidated balance sheet throughout the period as a result of monetary recoveries as well as mortgage foreclosures and real estate assets received in lieu of payment.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes during the years </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:14.00pt">2025, 2024 and 2023 in financial assets derecognized from the consolidated balance sheet as their recovery is considered unlikely ("write-offs"), is shown below:</span></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> </span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.791%"><tr><td style="width:1.0%"></td><td style="width:49.538%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.134%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.942%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.942%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.944%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CHANGES IN IMPAIRED FINANCIAL ASSETS WRITTEN-OFF FROM THE BALANCE SHEET (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning </span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">25,343</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,787</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,595</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Increase</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,973</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,547</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,841</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Decrease:</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,199)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,801)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,035)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Re-financing or restructuring</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Cash recovery</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">47</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(396)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(403)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(369)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Foreclosed assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Sales </span><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,831)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,719)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,201)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt forgiveness</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(717)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(669)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(410)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Time-barred debt and other causes </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(251)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(51)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net exchange differences</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(138)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(189)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">385</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,978</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">25,343</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,787</span></td></tr></table><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> </span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Includes principal and interest.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As indicated in Note 2.2.1, although they have been derecognized from the consolidated balance sheet, the BBVA Group continues to attempt to collect on these written-off financial assets, until the rights to receive them are fully extinguished, either because it is a time-barred financial asset, the financial asset is forgiven, or other reason.</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:8.01pt">Gross carrying amount and loss allowances</span><div style="margin-bottom:12pt;margin-top:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Movements, measured over a 12-month period, in gross accounting balances and accumulated loss allowances during 2025, 2024 and 2023 are recorded on the consolidated balance sheet as of December 31, 2025, 2024 and 2023 in order to cover the estimated impairment or reversal of impairment on loans and advances at fair value with changes through other comprehensive income and in loans and advances at amortized cost:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:35.978%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.632%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CHANGES IN GROSS CARRYING AMOUNT OF LOANS AND ADVANCES AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME AND AT AMORTIZED COST. YEAR 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">409,023</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,780</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,213</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">455,016</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers of financial assets:</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6,114)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,337</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,777</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 1 to stage 2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(11,473)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11,473</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 2 to stage 1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,746</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(6,746)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">to stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,784)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,704)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,488</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,397</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,314</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,711)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net annual origination of financial assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71,144</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,835)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,025</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70,335</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Becoming write-offs</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(428)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(104)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,634)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,165)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Changes in model / methodology</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign exchange</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,291)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,310)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(394)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12,996)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Modifications that do not result in derecognition</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">133</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">180</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">290</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">450</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(754)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">180</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(124)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">462,761</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,248</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,346</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">508,355</span></td></tr></table></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:35.890%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.652%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.652%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.652%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.654%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CHANGES IN ALLOWANCES OF LOANS AND ADVANCES AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME AND AT AMORTIZED COST. YEAR 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,406)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,848)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,375)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,630)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers of financial assets:</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">157</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(349)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,498)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,690)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 1 to stage 2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">117</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(870)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(753)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 2 to stage 1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(60)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">320</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">260</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">to stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">109</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">282</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(4,030)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,639)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(81)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">532</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">442</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net annual origination of allowances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(864)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(254)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(455)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,573)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Becoming write-offs</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">413</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,283</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,796</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Changes in model / methodology</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign exchange</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">204</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">446</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">737</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Modifications that do not result in derecognition</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(515)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(525)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">158</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">207</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">493</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,455)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,953)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,985)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(12,394)</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For the year ended December 31, 2025, the impairment charges recognized under the heading “Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification" amounted to €6,073 million (€5,745 million and €4,428 million for the years ended December 31, 2024 and 2023, respectively) (see Note 47).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:35.978%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.632%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CHANGES IN GROSS CARRYING AMOUNT OF LOANS AND ADVANCES AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME AND AT AMORTIZED COST. YEAR 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">361,186</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">37,953</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,446</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">413,585</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers of financial assets:</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,032)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,625</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,407</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 1 to stage 2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(11,840)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11,840</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 2 to stage 1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,830</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(9,830)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">to stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,260)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,949)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,208</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,238</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,564</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,801)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net annual origination of financial assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64,222</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6,378)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,108</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,952</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Becoming write-offs</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(333)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(112)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,149)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,594)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign exchange</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13,508)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,137)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(557)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15,203)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Modifications that do not result in derecognition</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">78</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">144</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,460</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(250)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(78)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,131</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">409,023</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,780</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,213</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">455,016</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During 2024, the criteria for identifying significant increases in credit risk were reviewed and updated. As part of this update, certain very short-term portfolio transactions, as well as those meeting the expanded definition of the low credit risk exception (see Note 2.2.1), were exempted from the transfer based on quantitative criteria. These modifications resulted in a significant reduction in the Stage 2 balance at the Group level during the last quarter of 2024, with the impact of these measures primarily concentrated in BBVA, S.A.</span><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:14.00pt"> </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:35.978%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.632%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CHANGES IN ALLOWANCES OF LOANS AND ADVANCES AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME AND AT AMORTIZED COST. YEAR 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,131)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,026)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,158)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,316)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers of financial assets:</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(370)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,766)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,031)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 1 to stage 2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">103</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(697)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(594)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 2 to stage 1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(53)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">327</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">275</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">to stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">93</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">146</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,498)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,259)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(38)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(146)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">732</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">548</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net annual origination of allowances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,059)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,125)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,174)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Becoming write-offs</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">321</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,909</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,337</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign exchange</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">325</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">213</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,075</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,613</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Modifications that do not result in derecognition</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(342)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(304)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">183</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">246</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,406)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,848)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,375)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,630)</span></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:36.066%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.608%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.608%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.608%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.610%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CHANGES IN GROSS CARRYING AMOUNT OF LOANS AND ADVANCES AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME AND AT AMORTIZED COST. YEAR 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">341,944</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33,636</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,493</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">389,073</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers of financial assets:</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,647)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,463</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,184</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 1 to stage 2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(18,172)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18,172</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 2 to stage 1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,639</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(7,639)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">to stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,203)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,297)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,500</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,089</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,226</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(4,316)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net annual origination of financial assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,334</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5,233)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,663</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,764</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Becoming write-offs</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(186)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(76)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,889)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,150)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign exchange</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,833)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(635)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(369)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,838)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Modifications that do not result in derecognition</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(60)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">476</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">401</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(365)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(187)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(112)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(665)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">361,186</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">37,953</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,446</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">413,585</span></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:35.978%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.632%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CHANGES IN ALLOWANCES OF LOANS AND ADVANCES AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME AND AT AMORTIZED COST. YEAR 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,065)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,942)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,284)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,291)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers of financial assets:</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(336)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,527)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,790)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 1 to stage 2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">118</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(681)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(563)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 2 to stage 1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(113)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">323</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">210</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">to stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">81</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">120</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,935)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,734)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(97)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">408</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">297</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net annual origination of allowances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(466)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(148)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(232)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(846)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Becoming write-offs</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">147</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,853</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,071</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign exchange</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(52)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">169</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">160</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Modifications that do not result in derecognition</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(304)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(252)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">229</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">235</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">631</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,131)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,026)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,158)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,316)</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The loss allowances recorded in the balance sheet to cover the impairment estimated in the debt securities amounted to €94 million, €169 million and €166 million as of December 31, 2025, 2024 and 2023, respectively. The variation is mainly due to changes in credit risk variations, mainly in Garanti BBVA, BBVA, S.A. and BBVA Argentina.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, the loss allowances recorded in the balance sheet to cover the impairment estimated in the commitments and guarantees given amounted to €725 million, €670 million and €770 million as of December 31, 2025, 2024 and 2023, respectively (see Note 24). The variation is mainly driven by changes due to origination and acquisition in Garanti BBVA.</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:9.13pt">Refinancing and restructuring transactions </span><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Group policies and principles with respect to refinancing and restructuring transactions</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Refinancing and restructuring transactions (see definition in the Glossary) are carried out with customers who have requested such a transaction in order to meet their current loan payments if they are expected, or may be expected, to experience financial difficulty in making the payments in the future.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The basic aim of a refinancing and restructuring transaction is to provide the customer with a situation of financial viability over time by adapting repayment of the loan incurred with the Group to the customer’s new situation of fund generation. The use of refinancing and restructuring for other purposes, such as to delay loss recognition, is contrary to BBVA Group policies. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group’s refinancing and restructuring policies are based on the following general principles:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Refinancing and restructuring is authorized according to the capacity of customers to pay the new installments. This is done by first identifying the origin of the payment difficulties and then carrying out an analysis of the customers’ viability, including an updated analysis of their economic and financial situation and capacity to pay and generate funds. If the customer is a company, the analysis also covers the situation of the industry in which it operates. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">With the aim of increasing the solvency of the transaction, new guarantees and/or guarantors of demonstrable solvency are obtained where possible. An essential part of this process is an analysis of the effectiveness of both the new and original guarantees. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">This analysis is carried out from the overall customer or group perspective. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Refinancing and restructuring transactions do not in general increase the amount of the customer’s loan, except for the expense inherent to the transaction itself. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The capacity to refinance and restructure a loan is not delegated to the branches, but decided on by the risk units. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The decisions made are reviewed from time to time with the aim of evaluating full compliance with refinancing and restructuring policies. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These general principles are adapted in each case according to the conditions and circumstances of each geographical area in which the Group operates, and to the different types of customers involved.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the case of retail customers (private individuals), the main aim of the BBVA Group’s policy on refinancing and restructuring a loan is to avoid default arising from a customer’s temporary liquidity problems by implementing structural solutions that do not increase the balance of the customer’s loan. The solution required is adapted to each case and the loan repayment is made easier, in accordance with the following principles: </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Analysis of the viability of transactions based on the customer’s willingness and ability to pay, which may be reduced, but should nevertheless be present. Therefore, in all cases the customer shall at least make interest payments, with certain limited exceptions where grace periods are afforded in respect of both principal and interest payments.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Refinancing and restructuring of transactions is only allowed on those loans in which the BBVA Group originally entered into.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Customers subject to refinancing and restructuring transactions are excluded from marketing campaigns of any kind.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the case of non-retail customers (mainly companies, enterprises and corporates), refinancing/restructuring is authorized according to an economic and financial viability plan based on:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Forecasted future income, margins and cash flows to allow entities to implement cost adjustment measures (industrial restructuring) and a business development plan that can help reduce the level of leverage to sustainable levels (capacity to access the financial markets).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Where appropriate, the existence of a divestment plan for assets and/or operating segments that can generate cash to assist the deleveraging process.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The capacity of shareholders to contribute capital and/or guarantees that can support the viability of the plan.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In accordance with the Group’s policy, the conclusion of a loan refinancing and restructuring transaction does not mean the loan is reclassified from "impaired" or "significant increase in credit risk" to normal risk. The reclassification to "significant increase in credit risk" or normal risk categories must be based on the analysis mentioned earlier of the viability, upon completion of the probationary periods described below. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group generally maintains the policy of including risks related to refinanced and restructured loans as either:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">"Impaired assets", as although the customer is up to date with payments, they are classified as unlikely to pay when there are significant doubts that the terms of their refinancing may not be met; or</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">"Significant increase in credit risk" until the conditions established for their consideration as normal risk are met.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The assets classified as "Impaired assets" should comply with the following conditions in order to be reclassified to "Significant increase in credit risk":</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The customer has to have paid a significant part of the pending exposure.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">At least one year must have elapsed since the later of: i) the time at which the restructuring measures were extended, ii) the time when the exposure was classified as deteriorated, iii) the end of any grace period included in restructuring agreements. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The customer does not have past due payments and objective criteria, demonstrating the borrower´s ability to pay, have been verified.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The conditions established for assets classified as “Significant increase in credit risk” to be reclassified out of this category are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The customer must have paid past-due amounts (principal and interest) since the date of the renegotiation or restructuring of the loan or other objective criteria, demonstrating the borrower´s ability to pay, have been verified; none of its exposures is more than 30 days past due.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">At least two years must have elapsed since completion of the renegotiation or restructuring of the loan or, if later, the date of reclassification from the deteriorated category. Regular payments must have been made during at least half of this probation period. They may be reclassified to normal risk as long as the significant increase in credit risk has been reversed within two years, although they must remain identified as refinanced/restructured until the minimum two-year trial period ends.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">It is unlikely that the customer will have financial difficulties and, therefore, it is expected that the customer will be able to meet its loan payment obligations (principal and interest) in a timely manner.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Renewals and renegotiations are classified as normal risk, provided that there is no significant increase in risk. This classification is applicable initially, and in the event of any deterioration, the criteria established in the existing policy are followed. In this sense, the aforementioned conditions are considered, including, among others, the requirement that the facility is not more than 30 days past due and that it has not been identified as 'unlikely to pay'.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group’s refinancing and restructuring policy provides for the possibility of two modifications in a 24 month period for loans that are not in compliance with the payment schedule.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The internal models used to determine allowances for loan losses consider the restructuring and renegotiation of a loan, as well as re-defaults on such a loan, by assigning a lower internal rating to restructured and renegotiated loans than the average internal rating assigned to non-restructured/renegotiated loans. This downgrade results in an increase in the probability of default (PD) assigned to restructured/renegotiated loans (with the resulting PD being higher than the average PD of the non- renegotiated loans in the same portfolios).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In any case, a restructuring will be considered impaired when the reduction in the present net value of the financial obligation is greater than 1%.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For quantitative information on refinancing and restructuring transactions see Appendix VIII.</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:8.14pt">Risk concentration</span><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Policies for preventing excessive risk concentration </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In order to prevent the build-up of excessive risk concentrations at the individual, sector, portfolio and geography levels, BBVA Group maintains updated maximum permitted risk concentration indices which are tied to the various observable variables related to concentration risk. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Together with the limits for individual concentration, the Group uses the Herfindahl index to measure the concentration of the Group's portfolio and the banking group's subsidiaries. At the BBVA Group level, the index reached implies a "very low" degree of concentration.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The limit on the Group’s exposure or financial commitment to a specific customer therefore depends on the customer’s credit rating, the nature of the risks involved, and the Group’s presence in a given market, based on the following guidelines:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The aim is, as much as possible, to reconcile the customer's credit needs (commercial/financial, short-term/long-term, etc.) with the interests of the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Any legal limits that may exist concerning risk concentration are taken into account (relationship between risks with a customer and the capital of the shareholder´s entity that assumes them), the markets, the macroeconomic situation, etc.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The aim is to seek inter and intra-sector diversification in coherence with the metrics defined in the RAF for the Group and for the banking group's subsidiaries.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Risk concentrations by geographical area</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the main figures in the most significant foreign currencies in the consolidated balance sheets is set forth in Appendix IX.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Sovereign risk concentration </span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Sovereign risk management</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The identification, measurement, control and monitoring of risk associated with sovereign risk transactions is carried out by a centralized unit within the BBVA Group's Risk Area. Its basic functions are preparing reports (called financial programs) on the countries with which it maintains cross-border risks (i.e. risks taken in a foreign currency from outside the country with borrowers in the country, whether public or private) and sovereign risks (i.e. risks with the local Sovereign of the country where the risk-taking unit is located), monitoring those risks, establishing risk limits, assigning ratings to the countries analyzed and, in general, supporting the Group in any information request regarding this type of transaction. The risk policies established in the financial programs are approved by the relevant risk committees.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The country risk unit tracks the evolution of the risks associated with the various countries to which the Group are exposed (including sovereign risk) on an ongoing basis in order to adapt its risk and mitigation policies to any macroeconomic and political changes that may occur. Moreover, it regularly updates its internal ratings and forecasts for these countries. The methodology is based on the assessment of quantitative and qualitative parameters which are in line with those used by certain multilateral organizations (the International Monetary Fund (IMF), the World Bank, etc.) rating agencies and export credit organizations.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For additional information on sovereign risk see Appendix IX.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Policies for Risk related to the developer and Real Estate sector in Spain</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Policies and strategies established by the Group to deal with risks related to the developer and real estate sector</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA Group has teams specializing in the management of the Real Estate Sector risk, given its economic importance and specific technical component. This specialization is not only in risk teams, but throughout the handling, commercial, problem risks and legal, etc. It also includes the research department of the BBVA Group (BBVA Research), which helps determine the medium/long-term vision needed to manage this portfolio. The policies established to address the risks related to the developer and real estate sector, aim to accomplish, among others, the following objectives: to avoid concentration in terms of customers, products and regions; to estimate the risk profile for the portfolio; and to anticipate possible worsening of the portfolio within a sector is highly cyclical.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Specific policies for analysis and granting of new developer risk transactions</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the analysis of new transactions, the assessment of the commercial operation in terms of the economic and financial viability of the project has been one of the constant. The monitoring of the work, sales prospects and the legal situation of the project are essential aspects for the admission and follow-up of new real estate transactions. With regard the participation of the Risk Acceptance teams, they have a direct link and participate in the committees of areas such as Valuation, Legal, BBVA Research and Recoveries. This guarantees coordination and exchange of information in all the processes.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In this context, and within the current Real Estate cycle, the strategy with clients is subject to an Asset Allocation limit and to an action framework that allows defining a target portfolio, both in volume and in credit quality.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Risk monitoring policies</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The base information for analyzing the real estate portfolios is updated monthly. There is a systematic monitoring of developments under close monitoring with the evolution of works and sales. </span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Policies applied in the management of real estate assets in Spain</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The internal Rules on Real Estate Financing, which establish recommendations for financing a new housing development business, are reviewed and updated annually.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The recommendations represent guidelines about how to manage the credit admission activity of BBVA Group entities based on best practices of markets in which this activity is performed. It is expected that a high percentage of the current transactions will be in compliance with the latter.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Risk concentration related to the developer and Real Estate sector in Spain</span></div><div style="margin-bottom:12pt;margin-top:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, there is no risk concentration in the developer and real estate sector, taking into account that its weight in total wholesale risks in Spain was approxi</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">mately </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">10</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">%, while compared with the total risks in the portfolio (wholesale and retail), the Real Estate risk assumed was around </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">4</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">%.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For quantitative information about the risk related to the developer and real estate sector in Spain see Appendix IX. </span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:7.01pt">Structural risk</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The structural risks are defined, in general terms, as the possibility of suffering losses in the banking book due to adverse movements in market risk factors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the Group, the following types of structural risks are defined, according to their nature: interest rate risk, credit spread risk, exchange rate risk, equity risk, and actuarial risk.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The scope of structural risks in the Group excludes market risks in the trading book that are clearly delimited and separated and are part of the Market Risks category. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Assets and Liabilities Committee (ALCO) is the main responsible body for the management of structural risks regarding liquidity/ funding, interest rate, credit spread, currency, equity and solvency. Every month, with the participation of the CEO and representatives from the areas of Finance, Risks and Business Areas, this committee monitors the structural risks and is presented with proposals with regard to action plans related with its management for its approval. These management proposals are made by the Finance area with a forward-looking focus, maintaining the alignment with the Risk Appetite Framework, trying to guarantee the recurrence of results and financial stability, as well as to preserve the solvency of the entity. All balance sheet management units have a local ALCO, which is permanently attended by members of the Corporate Center, and there is a corporate ALCO where management strategies are monitored and presented in the Group's subsidiaries.</span></div><div style="margin-bottom:9pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The GRM area acts as an independent unit, ensuring adequate separation between the management and risk control functions, and is responsible for ensuring that the structural risks in the Group are managed according to the strategy approved by the Board of Directors.</span></div><div style="margin-bottom:9pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Consequently, GRM deals with the identification, measurement, monitoring and control of those risks and their reporting to the corresponding corporate bodies. Through the GRMC, it performs the function of control and risk assessment and is responsible for developing the strategies, policies, procedures and infrastructure necessary to identify, evaluate, measure and manage the significant risks that the BBVA Group faces. To this end, GRM, through the corporate unit of Structural Risks, proposes a scheme of limits that defines the risk appetite set for each of the relevant structural risk types, both at Group level and by management units, which will be reviewed annually, reporting the situation periodically to the Group's corporate bodies as well as to the GRMC.</span></div><div style="margin-bottom:9pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, both the management system and the control and measurement system for structural risks are necessarily adjusted to the Group's internal control model, complying with the evaluation and certification processes that comprise it. In this sense, the tasks and controls necessary for its scope of action have been identified and documented, supporting a regulatory framework which includes specific processes and measures for structural risks, from a broad geographical perspective.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Within the three lines of defense scheme in which BBVA's internal control model is based according to the most advanced standards in terms of internal control, the first line of defense is maintained by the Finance area, which is responsible for managing the structural risk.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a second line of defense, GRM is in charge of identifying risks, and establishing policies and control models, periodically evaluating their effectiveness.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the second line of defense, there are also the Internal Risk Control units, which independently review the Structural Risk control, and Internal Financial Control, which carries out a review of the design and effectiveness of the operational controls over structural risk management.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The third line of defense is represented by the Internal Audit area, an independent unit within BBVA Group, which is responsible for reviewing specific controls and processes.</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:10.2pt">Interest rate risk and credit spread in the banking book</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The structural interest rate risk (hereinafter "IRRBB") is related to the potential impact that variations in market interest rates may have on an entity's earnings, through the impact on net interest income and on the valuation of instruments accounted for at fair value, as well as on the equity. In order to properly measure IRRBB, BBVA Group takes into account all the main sources of this risk: repricing risk, yield curve risk, option risk and basis risk.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Furthermore, the credit spread risk in the banking book ("CSRBB") arises from the potential impact on the entity´s earnings and/or the value of equity of the banking book produced by a variation in the level of market credit spreads that are not explained by default or migration risk or by movements in market interest rates.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">IRRBB and CSRBB management is carried out from a double perspective, the economic value of equity and earnings, including the management of net interest income and the monitorization of banking book instruments accounted at fair value with an impact on the income statement and/or on equity. In addition, the banking book instruments recorded based on their market value (fair value) are subject to specific monitoring, due to their impact on risk and on capital, through other comprehensive income or the income statement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The exposure of a financial entity to adverse interest rates and credit spreads movements is a risk inherent to the development of the banking business, which is also, in turn, an opportunity to create economic value. Therefore, these risks must be effectively managed so that they are limited in accordance with the entity’s equity and in line with the expected economic result.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In BBVA, the purpose of IRRBB risk management is to maintain the recurrent generation of earnings in the event of market interest rate fluctuations, through the contribution to the net interest income and the control of the potential impacts on the mark-to-market of the fair value accounted portfolios, as well as to limit the capital consumption due to structural interest rate risk. Likewise, the spread risk management in the banking book is aimed at limiting the equity impact of market credit spread movements on the valuation of the structural balance sheet, mainly associated with fixed income instruments which are used in balance sheet risk management. The objective is to keep this risk at levels consistent with the equity of the Group, while controlling the effect on earnings through net interest income and the mark-to-market of instruments accounted for at fair value.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These functions fall to the Global Asset & Liability Management (hereinafter "ALM") unit, within the Finance area, which, through ALCO, aims to guarantee the recurrence of results and preserve the solvency of the entity, always adhering to the risk profile defined by the management bodies of the BBVA Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">IRRBB management is decentralized, and is carried out in each entity included in the structural balance sheet (banking book) of the BBVA Group with the supervision and coordination from the corporate unit of Global ALM, keeping the exposure to interest rates and credit spreads movements aligned with the strategy and the target risk profile of the Group, and in compliance with the regulatory requirements of the EBA guidelines.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Nature of interest rate risk and credit spread risk </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Repricing risk arises due to the difference between the repricing or maturity terms of the assets and liabilities, and represents the most frequent interest rate risk faced by financial entities. However, other sources of risk such as changes in the slope and shape of the yield curve, the reference to different indexes and the optionality risk embedded in certain banking transactions, are also taken into account by the risk control system.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA's IRRBB and CSRBB in the banking book management and control process includes a set of metrics and tools that enable the capture of additional sources to properly monitor the risk profile of the Group, backed-up by assumptions that aim to characterize the behavior of the balance sheet items with the maximum accuracy.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The IRRBB and CSRBB measurement is carried out on a monthly basis, and includes probabilistic measures based on simulation methods of interest rate curves and credit spread shocks. The corporate methodology enables to capture additional sources of risk to the interest rate parallel shifts, such as the changes in slope shape and the basis of yield curves. Additionally, sensitivity analysis to multiple parallel shocks of different magnitude are also assessed on a regular basis. The process is run separately for each currency to which the Group is exposed, considering, at a later stage, the diversification effect among currencies and business units.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The risk measurement model is complemented by the assessment of ad hoc scenarios, stress tests and reverse stress. Stress tests incorporate extreme scenarios both in market interest rates and in behavioral assumptions, in addition to the assessment of market scenarios by BBVA Research and the set of prescriptive scenarios defined according to EBA guidelines.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The internal measurement systems and models are subjected to a process of review and continuous improvement in order to keep them aligned with EBA guidelines.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Key assumptions of the model</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In order to measure structural interest rate risk, the setting of assumptions on the evolution and behavior of certain balance sheet items is particularly relevant, especially those related to products without an explicit or contractual maturity which characteristics are not established in their contractual terms and must be therefore estimated.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The assumptions that characterize these balance sheet items must be understandable for the areas and bodies involved in risk management and control and remain duly updated, justified and documented. The modeling of these assumptions must be conceptually reasonable and consistent with the evidence based on historical experience, reviewed at least once a year and, if any, the behavior of the customers induced by the business areas. In order to provide the required dynamism to enhance the accuracy of assumptions and reflect specific market or management circumstances, risk models and metrics may incorporate parameters or adjustments based on expert judgment, subject to the internal governance measures established in this regard. Assumptions are regularly subject to a sensitivity analysis to assess and understand the impact of the modelling on the risk metrics.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The approval and update of the IRRBB behavioral models is subject to the corporate governance under the scope of GRM Analytics. Thus, all the models must be duly inventoried and catalogued and comply with the requirements for their development, updating and changes management set out in the internal procedures. They are also subject to the corresponding internal validations and follow-up requirements established based on their relevance, as well as to backtesting procedures against experience to ratify the validity of the assumptions applied.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In view of the heterogeneity of the financial markets, customers and products in the multiple jurisdictions, each one of the entities of the Group is responsible for determining the local behavior assumptions to be applied to the balance sheet items, always under the guidelines and the applicability of the corporate models existing in the Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balance sheet behavioral assumptions stand out those established for the treatment of items without contractual maturity, mainly for demand customer deposits, and those related to the expectations on the exercise of interest rate options, especially relating to loans and deposits subject to prepayment risk (see Glossary).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For the modelling of demand deposits, a segmentation of the accounts in several categories is previously carried out depending on the characteristics of the customer (retail / wholesale) and the product (type of account / transactionality / remuneration), in order to outline the specific behavior of each segment.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In order to establish the remuneration of each segment, the relationship between the evolution of market interest rates and the interest rates of managed accounts is analyzed, with the aim of determining the translation dynamic (percentages and lags) of interest rates variations to the remuneration of the accounts. In this regard, consideration is given to the potential limitations in the repricing of these accounts in scenarios of low or negative rates, with special attention to retail customers, through the establishment of floors in the remuneration. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The behavior assigned to each category of accounts is determined by an analysis of the historical evolution of the balances and the probability of cancellation of the accounts. For this, the volatile part of the balance assigned to a short-term maturity is isolated, thus avoiding fluctuations in the level of risk caused by specific variations in the balances and promoting stability in the management of the balance. Once the stable part is identified, a medium / long-term maturity model is applied through a decay distribution based on the average term of the accounts and the conditional cancellation probabilities throughout the life of the product.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, the behavior modeling incorporates, where appropriate, the relationship between the evolution of the balance of deposits and the levels of market interest rates. Consequently, the effect of rate variations on the stability of the deposits as well as the potential migration between the different types of products (on demand and time deposits) in each interest rate scenario are incorporated.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Equally relevant is the treatment of early cancellation options embedded in credit loans, mortgage portfolios and customer deposits. The evolution of market interest rates may condition, along with other variables, the incentive that customers have to prepay loans or deposits, modifying the future behavior of the balance amounts with respect to the forecasted contractual maturity schedule.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The detailed analysis of the historical information related to prepayment data, both partial and total prepayment, combined with other variables such as interest rates, allows estimating future amortizations and, where appropriate, their behavior linked to the evolution of such variables through the relationship between the incentive of the customer to prepay and the early cancellation speed.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The tables below shows the profile of average structural interest rate risk and credit spread risk of the fixed income portfolio in the banking book classified as "Financial assets at fair value through other comprehensive income" in terms of sensitivities of the main currencies for the BBVA Group in 2025 and 2024:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:20.388%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.489%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.489%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.489%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.489%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.495%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SENSITIVITY TO INTEREST RATE AND CREDIT SPREAD ANALYSIS. YEAR 2025</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Interest rate risk</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> Credit spread</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impact on net interest income</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impact on economic value</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impact on economic value</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point increase</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point decrease</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point increase</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point decrease</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point increase</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Euro</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-2.5% , -1.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[1.5% , 2.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexican peso</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">U.S. dollar</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkish lira</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Group</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[1.5% , 2.5%]</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[-2.5% , -1.5%]</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[-4.5% , -3.5%]</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[2.5% , 3.5%]</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[-1.5% , -0.5%]</span></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Percentage of "12 months" net interest income for the BBVA Group.</span></div><div style="padding-left:9pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Percentage of CET1 December 2025 (Fully Loaded) for BBVA Group.</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:19.797%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.608%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.608%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.608%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.608%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.610%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SENSITIVITY TO INTEREST RATE AND CREDIT SPREAD ANALYSIS. YEAR 2024</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;border-bottom:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Interest rate risk</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> Credit spread</span></div></td></tr><tr style="height:21pt"><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impact on net interest income</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impact on economic value</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impact on economic value</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td></tr><tr style="height:21pt"><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point increase</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point decrease</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> </span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point increase</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point decrease</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point increase</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Euro</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-2.5% , -1.5%]</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexican peso</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">U.S. dollar</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkish lira</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Group</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[1.5% , 2.5%]</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[-3.5% , -2.5%]</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[-3.5% , -2.5%]</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[2.5% , 3.5%]</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[-1.5% , -0.5%]</span></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Percentage of "12 months" net interest income for the BBVA Group.</span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Percentage of CET1 December 2024 (Fully Loaded) for BBVA Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">At an aggregate level, BBVA seeks to maintain a moderate risk profile, in accordance with the established objective within an environment of a cycle shift towards lower interest rates, having positive sensitivity to interest rate hikes in the net interest income.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The year 2025 was influenced by the geopolitical context, notably the increase in U.S. tariffs, as well as developments and expectations regarding inflation and central bank actions. In the United States, there were declines across the entire interest rate curve due to the deceleration signs and greater prospects for interest rate cuts by the Federal Reserve. In contrast, Europe saw a rebound in yields, particularly at the long end of the curve, mainly due to the change of course in Germany's fiscal policy. The peripheral curves are still supported, with spreads against German bonds narrowing over the year. In Mexico, the sovereign curve fell in line with U.S. rates. In Turkey, yield curves were more volatile as a result of both the political situation and inflation trends and expectations. However, it is worth noting the favorable performance of Credit Default Swaps ("CDS") and sovereign bonds denominated in hard currency since March 2025. Lastly, in South America, the curves showed mixed performance, with upturns in some regions, such as Colombia, and downturns in others, such as Peru. Overall, ALCO portfolios performed positively in 2025.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2024, the actual and expected evolution of inflation, as well as the response of central banks to it, in addition to geopolitical events, were the focus of the market's attention. In this sense, expectations regarding the number of rate cuts and their speed changed throughout the year, with some episodes of certain volatility.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">While the ECB began its cycle of rate cuts in June 2024 and continued at its September 2024, October 2024 and December 2024 meetings, the Federal Reserve cut rates in September 2024 with an initial 50 basis points, followed by an additional 25 basis points at its November 2024 meeting. Over 2024 as a whole, yield curves steepened, generally with falls in the short end and rises in the longer end. Spreads on peripheral curves continued to be well supported and narrowed during 2024. The positivity observed in the American and European curves also carried over to Mexico and much of South America. Turkey, for its part, experienced a rebound in both real and nominal rates during 2024. All in all, the Group's debt security portfolios performed heterogeneously during 2024, with a notable increase in valuations in Spain, while they fell in Turkey.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With respect to 2025, the most relevant aspects of the main geographic areas where the Group operates were the following:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Spain had a balance sheet characterized by a lending portfolio with a high proportion of variable-rate loans (mortgages and corporate lending) and liabilities composed mainly by customer demand deposits. The ALCO portfolio acted as a management lever and hedge for the balance sheet, mitigating its sensitivity to interest rate fluctuations. The exposure of net interest income to movements in interest rates remained limited. The ECB cut interest rates by a total of</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> 100</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> basis points throughout the year until its meeting in July 2025, due to the convergence of inflation towards the target, and kept them unchanged in its last meeting in December 2025. Thus, the benchmark interest rate in the euro area stood at </span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">2.15</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">% at the end of December 2025, the rate on the deposit facility at </span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">2.00%</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> and the rate on the marginal lending facility at </span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">2.40</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">%.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Mexico continued to show a balance between fixed and variable interest rates balances, which resulted in a limited sensitivity to interest rates fluctuations. Among the assets that were most sensitive to interest rate changes, the commercial portfolio stood out, while consumer and mortgage portfolios were mostly at a fixed rate. With regard to customer deposits, the high proportion of non-interest bearing deposits, which are insensitive to interest rate movements, should be highlighted. The ALCO portfolio was invested primarily in fixed-rate sovereign bonds with limited durations. The monetary policy rate stood at 7.0% at the end of </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">December 31, 2025, </span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">300 basis points below the end of </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">2024.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span id="i991688dea9f74070ac305259293a1a33_9368"></span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In Turkey, the sensitivity of net interest income to rates remained limited in both local and foreign currencies thanks to the low repricing gap between loans and deposits. The Central Bank of the Republic of Turkey has continued its monetary easing process supported by improved inflation, setting the monetary policy rate at 38.0% at the end of December </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">2025, which represents a decrease of </span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">950 basis points since the end of December of the previous year.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In South America, the sensitivity of net interest income continued to be limited, since most of the countries in the area had a fixed/variable balance composition between assets and liabilities. In addition, in balance sheets with several currencies, the interest rate risk is managed for each of the currencies, showing a very low level of exposure. Regarding benchmark interest rates, in Argentina, the central bank abandoned the official interest rate as a monetary anchor and began to regulate the monetary base using other tools such as setting reserve requirements or intervening in the foreign exchange market. In Colombia, the reference rate stood at 9.25%, 25 basis points below the end of </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">2024. In Peru, the official monetary </span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">policy rate closed at 4.25%, 75 basis </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">points below the previous year's closing level.</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:8.33pt">Structural exchange rate risk </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Structural exchange rate risk is defined as the possibility of impacts on solvency, equity value and results driven by fluctuations in the exchange rates due to exposures in foreign currencies. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Structural exchange rate risk is inherent to the business of international banking groups, such as BBVA, that develop their activities in different geographical areas and currencies. At a consolidated level, structural exchange rate risk arises from the consolidation of holdings in subsidiaries with functional currencies other than the euro. Its management is centralized in order to optimize the joint management of permanent foreign currency exposures, taking diversification into account. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The purpose of structural exchange rate risk management is protecting solvency by limiting volatility of the consolidated CET1 ratio and income to consolidate denominated in a currency other the euro in the Group, as well as to limit the capital requirements under exchange rate fluctuations to which the Group is exposed due to its international diversification. The ALM Global corporate unit, through the ALCO, is responsible for the management of this risk all through an active hedging policy, deliberately taken for each objective, and fully aligned with the management strategy.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">At the corporate level, the risk monitoring metrics included in the limits framework are aligned with the Risk Appetite Framework, and are targeted to control the effects on the solvency through the economic capital metric and the fluctuations in the Common Equity Tier I fully loaded (CET1 fully loaded) consolidated ratio, as well as the maximum deviation in the Group's attributable profit. The probabilistic metrics make it possible to estimate the joint impact of exposure to different currencies taking into account the different variability in exchange rates and their correlations. These metrics are supplemented with additional assessment indicators.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The suitability of these risk assessment metrics is reviewed on a regular basis through backtesting exercises. The final element of structural exchange rate risk control is the stress and scenario analysis aimed to assess the vulnerabilities of foreign currency structural exposure not contemplated by the risk metrics and to serve as an additional tool when making management decisions. The scenarios are based both on historical situations simulated by the risk model and on the risk scenarios provided by BBVA Research.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The purpose of the exchange rate risk management of BBVA's long-term investments, which arises mainly from its foreign subsidiaries, is to preserve the capital ratios of the Group and to maintain the stability of the profits. During 2025, the U.S. dollar depreciated significantly against the euro (-11.6%). This depreciation was concentrated in the first half of the year, when the aggressiveness of the U.S. tariff policy generated a climate of distrust towards the dollar. Among emerging market currencies, the Mexican peso stood out with an appreciation (+2.0% against the euro), supported by the perception of Mexico as a relative winner of the trade war. The Turkish lira was heavily penalized in 2025 (-27.2%), reflecting high inflation, which is nevertheless gradually declining. Regarding the performance of South American currencies, the Peruvian sol weakened against the euro (-1.2%), the Colombian peso appreciated (+3.8%), while the Chilean peso depreciated by -2.9%. Finally, the Argentine peso experienced a very significant depreciation (-37.4%), in an environment still marked by macroeconomic adjustments and high financial volatility, despite progress in the economic stabilization process.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA maintains active management policies for its main investments in emerging countries with the objective of achieving, on average, a hedging level of between 40% and 50% of the aggregate attributable profit in non-euro currencies that the Group expects to generate over the next twelve months; and between 50% and 70% of the aggregate excess capital in non-euro currencies within CET1. With respect to this solvency ratio, the sensitivities estimated as of December 31, 2025 to 10% currency depreciations are as follows: Mexican peso (-14 basis points), Turkish lira (-3 basis points) and U.S. dollar (+12 basis points). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For the years 2025, 2024 and 2023, the estimated sensitivities (in absolute terms) of the result attributable to the parent company are shown below, taking into account the coverage, against depreciations and appreciations of 1% of the average rate in the main currencies. To the extent that hedging positions are periodically modulated, the sensitivity estimate attempts to reflect an average (or effective) sensitivity in the year:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:42.860%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.579%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.579%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.582%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SENSITIVITY TO 1% CHANGE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Currency</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexican peso</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.4</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27.8</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25.8</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkish lira</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.4</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Peruvian sol</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.9</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chilean peso</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Colombian peso</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.0</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Argentine peso</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.3</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">U.S. dollar </span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.3</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.3</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2</span></div></td></tr></table></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:8.25pt">Equity risk in the banking book</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Equity risk in the banking book refers to the possibility of suffering losses in the value of positions in shares and other equity instruments held in the banking book with long or medium term investment horizons due to fluctuations in the value of equity indexes or shares.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA Group's exposure to structural equity risk arises largely from minority shareholdings held on industrial and financial companies, and in new business (innovation). This exposure is modulated in some portfolios with positions held on derivative instruments on the same underlying assets, in order to adjust the portfolio sensitivity to potential changes in equity prices. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The structural equity risk management is aimed at increasing the income-generating capacity of those shares held by the Group, limiting the capital requirements for equity risk and narrowing the impact on the solvency level through a proactive management of the portfolio using hedges. The function of managing the main structural equity portfolios is a responsibility of the specialized units of the corporate areas of Global ALM, Strategy & M&A and Client Solutions (Banking for Growth Companies). Their activity is subject to the corporate structural equity risk management policy, complying with the defined management principles and Risk Appetite Framework.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The structural equity risk metrics, designed by GRM according to the corporate model, contribute to the effective monitoring of the risk by estimating the sensitivity and the capital necessary to cover the possible unexpected losses due to changes in the value of the shareholdings in the Group's investment portfolio, with a level of confidence that corresponds to the objective rating of the entity, taking into account the liquidity of the positions and the statistical behavior of the assets to be considered.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In order to analyze the risk profile in depth, stress tests and scenario analysis of sensitivity to different simulated scenarios are carried out. They are based on both past crisis situations and forecasts made by BBVA Research. These analyses are carried out regularly to assess the vulnerabilities of structural equity exposure not contemplated by the risk metrics and to serve as an additional tool when making management decisions.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Backtesting is carried out on a regular basis on the risk measurement model used.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For the third consecutive year, global equity markets posted significant gains in 2025, with double-digit increases in both Europe and the United States. Following an optimistic start to the year, supported by a presumed pro-market orientation of the U.S. administration, equity markets experienced a sharp setback in April after the United States announced substantial import tariffs during the so-called “Liberation Day.” Nevertheless, the potential import tariff escalation subsequently subsided, paving the way for a strong equity rally that continued uninterrupted through year-end. In the United States, the communications and technology sectors led the advances, while in Europe the banking sector delivered a strong performance, topping European markets for the second year in a row. From a geographical perspective, the Spanish stock market was among the strongest performers in Europe, also driven by the financial sector, enabling it to surpass its historical peak for the first time since 2007.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Structural equity risk, measured in terms of economic capital, has not experienced any material changes over the past year. The aggregate sensitivity of the BBVA Group’s consolidated equity to a 1% fall in the price of shares of the companies making up the equity portfolio amounted to €-27 million as of December 31, 2025, the same as at December 31, 2024. This estimation takes into account the exposure in shares valued at market prices, or if not applicable, at fair value (excluding the positions in the Treasury Area portfolios) and the net delta-equivalent positions in derivatives on the same underlyings.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">7.3.4 Actuarial risk</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Actuarial risk comprises the deviations that may arise between the assumptions used to measure the commitments arising from insurance or social security products and the actual experience observed. This risk encompasses underwriting risk, given that insurance liabilities have a probabilistic nature insofar as they depend on the behavior of insured events. Thus, the risk emerges when there are deviations in the estimation of claims, whether in terms of the number or amount of such claims or the timing of their occurrence.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group carries out appropriate risk identification, measurement and monitoring, and develops risk policies, including the definition and application of capital-measurement models. Within underwriting risk, biometric risk is also probabilistic, as it depends on deviations from the expected behavior of policyholders’ survival. In order to mitigate biometric risk, the Group monitors the evolution of mortality rates across its main insured portfolios and performs back-testing of economic assumptions used to estimate liability cash flows.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA Group manages actuarial risk through a policy aligned with the applicable regulatory framework, which includes, among others, tasks aimed at assessing assumptions and estimates and verifying the adequacy of technical provisions. Likewise, the assessment of the technical information used to calculate the Minimum Capital Requirement (MCR), the Own Risk and Solvency Assessment (ORSA), the underwriting policy and reinsurance agreements forms part of its responsibilities. The insurance activity is fully integrated into the BBVA Group's risk management framework. From the definition of the risk appetite to the management limits, the governance model, the admission process, the organizational scheme and the development of computer systems/models, everything is designed with a global approach and under consistent and homogeneous criteria, aligned with other financial business of the BBVA Group (see Note 23).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, for employee pension commitments, actuarial risk is managed through external funds and insurance contracts whose investments are subject to diversified asset and insurance investment policies. These are aligned with the maturities of the commitments and allow, together with the contributions made, the payment of benefits when due and the mitigation of existing risks in the plans (see Note 25).</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:7.84pt">Market risk</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Market risk originates from the possibility of experiencing losses in the value of positions held as a result of movements in market variables that affect the valuation of financial assets and liabilities. Market risk in the Group's trading portfolios stems mainly from the portfolios originated by Global Markets valued at fair value and held for the purpose of trading and generating short-term results. Market risk in the field of banking book is clearly and distinctly addressed and can be broken down into structural risks relating to interest rate and credit spread, exchange rate and equity (see Note 7.3).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, market risk may be affected by ESG factors due to the effect they may have on the Group, clients and counterparties (see Note 7.1).</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:9.75pt">Market risk in trading portfolios </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The main risks in the trading portfolios can be classified as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Interest rate risk: This arises as a result of exposure to movements in the different interest rate curves involved in trading. Although the typical products that generate sensitivity to the movements in interest rates are money-market products (deposits, interest rate futures, call money swaps, etc.) and traditional interest rate derivatives (swaps and interest rate options such as caps, floors, swaptions, etc.), practically all the financial products are exposed to interest rate movements due to the effect that such movements have on the valuation of the financial discount.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Equity risk: This arises as a result of movements in share prices. This risk is generated in spot positions in shares or any derivative products whose underlying asset is a share or an equity index. Dividend risk is a sub-risk of equity risk, arising as an input for any equity option. Its variation may affect the valuation of positions and it is therefore a factor that generates risk on the books.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Exchange rate risk: This is caused by movements in the exchange rates of the different currencies in which a position is held. As in the case of equity risk, this risk is generated in spot currency positions, and in any derivative product whose underlying asset is an exchange rate. In addition, the quanto effect (operations where the underlying asset and the instrument itself are denominated in different currencies) means that in certain transactions in which the underlying asset is not a currency, an exchange rate risk is generated that has to be measured and monitored.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Credit spread risk: Credit spread is an indicator of an issuer's credit quality. Spread risk occurs due to variations in the levels of spread of both corporate and government issues, and affects positions in bonds and credit derivatives.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Volatility risk: This occurs as a result of changes in the levels of implied price volatility of the different market instruments on which derivatives are traded. This risk, unlike the others, is exclusively a component of trading in derivatives and is defined as a first-order convexity risk that is generated in all possible underlying assets in which there are products with options that require a volatility input for their valuation. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Other less relevant risks for the Group include inflation risk, correlation risk and market liquidity risk (see Glossary).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The metrics developed to control and assess market risk in the BBVA Group are aligned with market practices and are implemented consistently across all the local market risk units. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Measurement procedures are established in terms of the possible impact of negative market conditions on the trading portfolio of the Group's Global Markets units, both under ordinary circumstances and in situations of heightened risk factors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The standard metric used to measure market risk is Value at Risk (hereinafter “VaR”), which indicates the maximum loss that may occur in the portfolios at a given confidence level (99%) and time horizon (one day). This statistic value is widely used in the market and has the advantage of summing up in a single metric the risks inherent to trading activity, taking into account how they are related and providing a prediction of the loss that the trading book could sustain as a result of fluctuations in equity prices, interest rates, foreign exchange rates and credit spreads. Additionally, for certain positions, other risks need to be considered, such as a credit spread, base, volatility or correlation risk (see Glossary).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With respect to the risk measurement models used by the BBVA Group, the Supervisor has authorized the use of the internal market risk model to determine bank capital requirements deriving from risk positions on the BBVA, S.A. and BBVA Mexico trading book, which jointly accounted for around 73%, 66% and 76% of the Group’s trading-book market risk as of December 31, 2025, 2024 and 2023. For the rest of the geographical areas where the Group operates (applicable mainly to the Group´s South America subsidiaries and Garanti BBVA), bank capital for the risk positions in the trading book is calculated using the Standardized Approach defined by the Basel Committee on Banking Supervision (which is referred to herein as the "standard model”).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The current management structure includes the monitoring of market-risk limits, consisting of a scheme of limits based on specific metrics according to market activities, (VaR (Value at Risk), economic capital, as well as stop-loss limits for each of the Group’s business units).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The model used estimates VaR in accordance with the historical simulation methodology, which involves estimating losses and gains that would have taken place in the current portfolio if the changes in market conditions that took place over a specific period of time in the past were repeated. Based on this information, it predicts the maximum expected loss of the current portfolio within a given confidence level. This model has the advantage of reflecting precisely the historical distribution of the market variables and not assuming any specific distribution of probability. The historical period used in this model is two years.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The VaR figures are estimated based on the VaR without smoothing methodology, which awards equal weight to the daily information for the previous two years. This is currently the official methodology for measuring market risks for the purpose of monitoring compliance with risk limits. The VaR stress metric is obtained in an analogous way (99% percentile, with 1-day loss), with a fixed window of 1 year within the established stress period, subject to revision and being specific to each geographical area to represent its stress period. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The use of VaR by historical simulation methodology as a risk metric has many advantages, but also certain limitations, among which it is worth highlighting:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The estimate of the maximum daily loss of the Global Markets portfolio positions (with a confidence level of 99%) depends on the market movements of the last two years, not picking up the impact of large market events if they have not occurred within that historical window.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The use of the 99% confidence level does not consider potential losses that can occur beyond this level. To mitigate this limitation, different stress exercises are also performed, as described later.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">At the same time, and following the guidelines established by the Spanish and European authorities, BBVA incorporates metrics in addition to VaR with the aim of meeting the Bank of Spain's regulatory requirements with respect to the calculation of bank capital for the trading book. Specifically, the measures incorporated in the Group since December 2011 (stipulated by Basel 2.5) are:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">VaR: In regulatory terms, the VaR charge incorporates the stressed VaR charge, and the sum of the two (VaR and stressed VaR) is calculated. This quantifies the losses associated with the movements of the risk factors inherent to market operations (including interest rate risk, exchange rate risk, equity risk and credit risk, among others). Both VaR and stressed VaR are rescaled by a regulatory multiplier (between three and four) and by the square root of ten to calculate the capital charge.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Specific Risk - Incremental Risk Capital (“IRC”): Quantification of the risks of default and changes of the credit ratings of the bond and derivative positions and debt funds with daily look-through or significant benchmark (correlation > 90%) in the trading portfolio. The IRC charge is exclusively applied in entities in respect of which the internal market risk model is used (i.e. BBVA, S.A. and BBVA Mexico). The IRC charge is determined based on the associated losses (calculated at 99.9% confidence level over a one-year horizon under the hypothesis of constant risk) due to a rating change and/or default of the issuer with respect to an asset. In addition, the price risk is included in sovereign positions for the specified items.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Specific Risk: Securitization, correlation portfolios and Investment funds without look-through. Capital charges for securitizations and correlation portfolios are assessed based on the potential losses associated with the occurrence of a credit event in the underlying exposures. They are calculated by the standard model. The scope of the correlations portfolios refers to the First To Default (FTD)-type market operation and/or tranches of market CDOs (Collateralized Debt Obligations) and only for positions with an active market and hedging capacity. Capital charge for Funds include losses associated with volatility and credit risk of the underling positions of the fund. All charges are calculated by the standard model.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Validity tests are performed regularly on the risk measurement models used by the Group. They estimate the maximum loss that could have been incurred in the assessed positions with a certain level of probability (backtesting), as well as measurements of the impact of extreme market events on risk positions (stress testing).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Backtesting is performed at the trading floor level as an additional control measure in order to carry out a more specific monitoring of the validity of the measurement models.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Market risk in 2025</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group’s market risk related to its trading portfolio remained in 2025 at low levels compared to other risks managed by BBVA, particularly credit risk. This is due to the nature of the business. In 2025, the average VaR was €33 million, below the figure of 2024, with a maximum level in the year reached on April 28, 2025 of €44 million. The evolution in the BBVA Group’s market risk during 2025, measured as VaR with a 99% confidence level and a 1-day horizon (shown in Millions of Euros) is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><img alt="193" id="i-12" src="bbva-20251231_g3.jpg" style="height:380px;margin-bottom:5pt;vertical-align:text-bottom;width:650px"/></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">By type of market risk assumed by the Group's trading portfolio, the main risk factor for the Group continued to be that linked to interest rates, with a weight of 69% of the total as of December 31, 2025 (this figure includes the spread risk). The relative weight of this risk decreased by 8 percentage points compared with the close of 2024. Exchange rate risk accounted for 17% of the total risk, which implies an increase of 6 percentage points compared with the close of 2024, while equity risk accounted for 3%, maintaining its weight compared with the close of 2024. The volatility and correlation risk accounted for 11%, which implies an increase of 3 percentage points compared with the close of 2024.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023 the VaR was €29 million, €34 million and €36 million, respectively, with the following breakdown:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:21.262%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.136%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.136%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.667%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.577%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">VaR BY RISK FACTOR (MILLIONS OF EUROS) ⁽¹⁾</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Interest/Spread risk</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Currency risk</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stock-market risk</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Vega/Correlation risk</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Diversification effect ⁽²⁾</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR average in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR max in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR min in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(21)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">End of period VaR</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">34</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(20)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">29</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR average in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR max in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR min in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">End of period VaR</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">37</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(14)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">34</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR average in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(22)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR max in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(33)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR min in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">End of period VaR</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">41</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(23)</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">36</span></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) The maximum and minimum VaR figures show the VaR figures for the day on which said maximum and minimum VaRs occurred in the relevant year, by type of risk.</span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) The diversification effect is the difference between the sum of the average individual risk factors and the total VaR figure that includes the implied correlation between all the variables and scenarios used in the measurement.</span></div><div style="padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Validation of the internal market risk model</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The internal market risk model is validated on a regular basis by backtesting in both, BBVA, S.A. and Global Markets Mexico (in BBVA Mexico). The aim of backtesting is to validate the quality and precision of the internal market risk model used by BBVA Group to estimate the maximum daily loss of a portfolio, at a 99% level of confidence and a 250-day time horizon, by comparing the results of those entities and the risk measurements generated by the internal market risk model. These tests showed that the internal market risk model of both, BBVA, S.A. and Global Markets Mexico is adequate and precise.</span></div><div style="margin-bottom:10pt;margin-top:10pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Two types of backtesting have been carried out in 2025, 2024 and 2023:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">"Hypothetical" backtesting: the daily VaR is compared with the results obtained, not taking into account the intraday results or the changes in the portfolio positions. This validates the appropriateness of the market risk metrics for the end-of-day position.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">"Real" backtesting: the daily VaR is compared with the total results, including intraday transactions, but discounting the possible minimum charges or fees involved. This type of backtesting includes the intraday risk in portfolios.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, each of these two types of backtesting was carried out at a risk factor or business type level, thus making a deeper comparison of the results with respect to risk measurements.</span></div><div style="margin-bottom:10pt;margin-top:10pt;padding-left:1.44pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:130%">For the years ended December 31, 2025, 2024 and 2023, the backtesting of the internal VaR calculation model was carried out, comparing the daily results obtained to the risk level estimated by the internal VaR calculation model. In that period, there was no negative exception neither in BBVA, S.A nor in BBVA Mexico.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">At the end of these years the comparison showed the internal VaR calculation model was working correctly, thus validating the internal VaR calculation model, as has been the case each year since the internal market risk model was approved for the Group. </span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Stress testing analysis</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A number of stress tests are carried out on the BBVA Group's trading portfolios. First, global and local historical scenarios are used that replicate the behavior of an extreme past event, such as the collapse of Lehman Brothers or the </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">Tequilazo</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> crisis. These stress tests are complemented with simulated scenarios, where the aim is to generate scenarios that have a significant impact on the different portfolios, but without being anchored to any specific historical scenario. Finally, for some portfolios or positions, fixed stress tests are also carried out that have a significant impact on the market variables affecting these positions.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Historical scenarios</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The historical benchmark stress scenario for the BBVA Group is Lehman Brothers, whose sudden collapse in September 2008 led to a significant impact on the behavior of financial markets at a global level. The following are the most relevant effects of this historical scenario:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Credit shock: reflected mainly in the increase of credit spreads and downgrades in credit ratings. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Increased volatility in most of the financial markets giving rise to a great deal of variation in the prices of different assets (currency, equity, debt).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Liquidity shock in the financial systems, reflected by a major movement in interbank curves, particularly in the shortest sections of the euro and dollar curves.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Simulated scenarios</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Unlike the historical scenarios, which are fixed and therefore not suited to the composition of the risk portfolio at all times, the scenario used for the exercises of economic stress is based on resampling methodology. This methodology is based on the use of dynamic scenarios that are recalculated periodically depending on the main risks affecting the trading portfolios. On a data window wide enough to collect different periods of stress (data are taken from January 1, 2008 until the date of the assessment), a simulation is performed by resampling of historic observations, generating a distribution of losses and gains that serve to analyze extreme market events within the selected historical window. The advantage of this methodology is that the period of stress is not predetermined, but depends on the portfolio maintained at each time, and making a large number of simulations (10,000 simulations) allows a greater richness of information for the analysis of expected shortfall than what is available in the scenarios included in the calculation of VaR.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The main features of this approach are: a) the generated simulations respect the correlation structure of the data, b) there is flexibility in the inclusion of new risk factors and c) it allows the introduction of a lot of variability in the simulations (desirable for considering extreme events).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The impact of the stress test under multivariable simulation of the risk factors of the portfolio based on the expected shortfall (expected shortfall calculated at a 97.5% confidence level, 20 days) as of December 31, 2025 is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:21.231%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.995%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.995%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.995%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.995%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.995%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.995%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.999%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">IMPACT OF THE STRESS TEST (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Europe</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Venezuela</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Expected shortfall</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(129)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(66)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(39)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td></tr></table></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:7.88pt">Financial instruments offset</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial assets and liabilities may be netted in certain cases. In particular, they are presented for a net amount on the consolidated balance sheet only when the Group's entities satisfy the provisions of IAS 32, so they have both the legal right to net recognized amounts, and the intention of settling the net amount or of realizing the asset and simultaneously paying the liability.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, the Group has presented as gross amounts assets and liabilities on the consolidated balance sheet for which there are master netting arrangements in place, but for which there is no intention of settling the net amount. The most common types of events that trigger the netting of reciprocal obligations are bankruptcy of the entity, surpassing certain level of indebtedness threshold, failure to pay, restructuring and dissolution of the entity.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the current market context, derivatives are contracted under different framework contracts being the most widespread the ones developed by the International Swaps and Derivatives Association (“ISDA”) and, for the Spanish market, the Framework Agreement on Financial Transactions (“CMOF”). Almost all portfolio derivative transactions have been concluded under these framework contracts, including in them the netting clauses mentioned in the preceding paragraph as "Master Netting Agreement", greatly reducing the credit exposure on these instruments. Additionally, in contracts signed with counterparties, the collateral agreement annexes called Credit Support Annex (“CSA”) in ISDA and Appendix III of CMOF are included, thereby minimizing exposure to a potential default of the counterparty.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Moreover, many of the transactions involving assets purchased or sold under a repurchase agreement are transacted through clearing houses that articulate mechanisms to reduce counterparty risk, as well as through the signing of various master agreements for bilateral transactions, the most widely used being the Global Master Repurchase Agreement (GMRA), published by the International Capital Market Association (“ICMA”), to which the clauses related to the collateral exchange are usually added within the text of the master agreement itself. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A summary of the effect of offsetting (via netting and collateral) for derivatives and securities operations is presented below as of December 31, 2025, 2024 and 2023:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:28.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.986%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">EFFECT OF OFFSETTING FOR DERIVATIVES AND SECURITIES OPERATION (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross amounts not offset in the consolidated balance sheets </span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross amounts recognized (A)</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross amounts offset in the consolidated balance sheets (B)</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net amount presented in the consolidated balance sheets </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(C=A-B)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial instruments</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash collateral received/ pledged</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net amount ⁽¹⁾ </span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading and hedging derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10 / 15</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,930</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,809</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,122</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,478</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,075</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">569</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase, securities borrowing and similar agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80,537</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,459</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,078</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,949</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">129</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total assets</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">121,468</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,268</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">89,199</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">77,427</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,075</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">698</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading and hedging derivatives</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10 / 15</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,087</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,809</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,278</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,478</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,739</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,061</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Repurchase, securities lending and similar agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">103,538</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,459</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">79,079</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">78,887</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total liabilities</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">143,626</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,268</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">111,357</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100,365</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,931</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,061</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2024</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading and hedging derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10 / 15</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45,523</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,362</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,161</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,446</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,566</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">148</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase, securities borrowing and similar agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65,401</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,397</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,005</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45,959</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total assets</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">110,924</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27,759</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">83,165</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">73,405</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,566</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">194</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading and hedging derivatives</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10 / 15</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,924</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,362</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,562</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,446</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,658</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">458</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Repurchase, securities lending and similar agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">87,893</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,397</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">68,497</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">68,497</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total liabilities</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">131,818</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27,759</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">104,059</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">95,943</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,658</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">458</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2023</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading and hedging derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10 / 15</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,641</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,866</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,775</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,171</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,532</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,072</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase, securities borrowing and similar agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80,227</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80,227</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">79,980</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">248</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total assets</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">124,869</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,866</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">116,003</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">105,151</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,532</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,320</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading and hedging derivatives</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10 / 15</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,536</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,866</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,670</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,354</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,013</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,303</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Repurchase, securities lending and similar agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104,920</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104,920</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104,920</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total liabilities</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">149,456</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,866</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">140,590</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">132,274</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,013</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,303</span></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) It corresponds to the aggregation of the net amounts presented in the balance sheet, less the gross amount which is not offset in the balance sheet, corresponding to each Group entity that records a deficit in this regard.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial assets and liabilities are offset, and consequently are presented in the consolidated balance sheet at their net value under the relevant captions (i.e., derivatives, repurchase agreements and reverse repurchase agreements), where the Group maintains netting agreements and there is an intention to settle their net amount. Regarding certain repurchase agreements and reverse repurchase agreements, since 2024, the Group fulfils both conditions. Where netting agreements do not exist, the market value of the relevant products is recorded in the balance of the repurchase agreements and reverse repurchase agreements captions.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:16.17pt">Liquidity and Funding risk</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Liquidity and funding risk is defined as the incapacity of a bank in meeting its payment commitments due to lack of funds or that, to face those commitments, should have to make use of funding under burdensome terms.</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:10.34pt">Liquidity and Funding Strategy and Planning</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group is a multinational financial institution whose business is focused mainly on retail and commercial banking activities. In addition to the retail business model, which forms its core business, the Group engages in corporate and investment banking, through the global CIB division.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Liquidity and Funding Risk Management aims to maintain a solid balance sheet structure which allows a sustainable business model. The Group’s liquidity and funding strategy is based on the following pillars:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The principle of the funding self-sufficiency of its subsidiaries, meaning that each of the Liquidity Management Units (hereinafter "LMU") must cover its funding needs independently on the markets where it operates. This avoids possible contagion due to a crisis affecting one or more of the Group’s LMU.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Stable customer deposits as the main source of funding in all the LMU, in accordance with the Group’s business model.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Diversification of the sources of wholesale funding, in terms of maturity, market, instruments, counterparties and currencies, with recurring access to the markets.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Compliance with regulatory requirements, ensuring the availability of ample liquidity buffers, of high quality, as well as sufficient instruments as required by regulations with the capacity to absorb losses.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Compliance with the internal Liquidity Risk and Funding metrics, while adhering to the Risk Appetite level established for each LMU at any time.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Liquidity and Funding Risk Management aims, in the short term, to prevent an entity from having difficulties in meeting its payment commitments in due time and form or that, to meet them, it has to resort to obtaining funds in burdensome conditions that deteriorate the image or reputation of the entity.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the medium term, its objective is to support the suitability of the Group's financial structure and its evolution, within the framework of the economic situation, the markets and regulatory changes.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This management of structural and liquidity funding is based on the principle of financial self-sufficiency of the entities that comprise it. This approach helps prevent and limit liquidity risk by reducing the Group’s vulnerability during periods of high risk. This decentralized management prevents possible contagion from a crisis affecting only one or a few Group entities, which must act independently to meet their liquidity requirements in the markets where they operate.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Within this strategy, the BBVA Group is organized into eight LMU composed of the parent company and the bank subsidiaries in each geographical area, plus the branches that depend on them.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, the policy for managing liquidity and funding risk is also based on the model’s effectiveness and on the planning and integration of risk management into the budgeting process of each LMU, according to the liquidity and funding risk appetite that it decides to assume in its business. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Liquidity and funding planning is part of the strategic processes for the Group’s budgetary and business planning. This objective is to allow a recurrent growth of the banking business with suitable maturities and costs within the established risk tolerance levels by using a wide range of instruments which allow the diversification of the funding sources and the maintenance of a high volume of available liquid assets.</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:8.47pt">Governance, monitoring and mitigation measures</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The responsibility for liquidity and funding management in the development of normal business activity lies with the Finance area as a first line of defense in managing the risks inherent to this activity, in accordance with the principles established by the EBA and in line with the most demanding standards, policies, procedures and controls in the framework established by the governing bodies. Finance, through the Balance-Sheet Management area, plans and executes the funding of the structural long-term gap of each LMU and proposes to the ALCO the actions to be taken on this matter, in accordance with the policies established by the Risk Committee in line with the metrics of the Risk Appetite Framework approved by the Board of Directors. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Finance is also responsible for preparing the regulatory reporting of liquidity, coordinating with the responsible areas in each LMU the necessary processes to cover the requirements at corporate and regulatory level, ensuring the integrity of the information provided.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">GRM is responsible for ensuring that the liquidity and financing risk in the Group is managed in accordance with the framework established by governing bodies. It also deals with the identification, measurement, monitoring and control of such risks and their communication to the relevant corporate bodies. In order to carry out this task properly, the Risk function in the Group has been configured as a single, global function, independent of the management areas.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, the Group has, in its second line of defense, an Internal Risk Control unit, which performs an independent review of the control of Liquidity and Funding Risk, and a Financial Internal Control Unit that reviews the design and effectiveness of the controls operations on liquidity management and reporting.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As the third line of defense of the Group's internal control model, Internal Audit is in charge of reviewing specific controls and processes in accordance with a work plan that is drawn up annually.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group’s fundamental objectives regarding the liquidity and funding risk are determined through the Liquidity Coverage Ratio (LCR) and through the Loan-to-Stable Customer Deposits (LtSCD) ratio. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The LCR ratio is a regulatory metric that aims to guarantee the resilience of entities in a scenario of liquidity tension within a time horizon of 30 days. Within its Risk Appetite Framework and system of limits and alerts, BBVA has established a required LCR compliance level for the entire Group and for each individual LMU. The internal levels required are aimed at efficiently meeting the regulatory requirement, at a level above 100% as a mitigation measure.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The LtSCD ratio measures the relationship between net lending and stable customer funds. The aim is to preserve a stable funding structure in the medium term for each of the LMU which make up the BBVA Group, taking into account that maintaining an adequate volume of stable customer funds is key to achieving an appropriate liquidity profile. In geographical areas with dual-currency balances, the indicator is also controlled by currency to manage the mismatches that might occur.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Stable customer funds are considered to be the financing obtained and managed from the LMU among their target customers. Those funds are characterized by their low sensitivity to market changes and by their less volatile behavior at aggregated level per operation due to the loyalty of the customer to the entity. The stable resources are calculated by applying to each identified customer segment a haircut determined by the analysis of the stability if the balances by which different aspects are evaluated (concentration, stability, level of loyalty). The main source of stable resources arises from wholesale funding and retail customer funds.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In order to establish the target (maximum) levels of LtSCD in each LMU and provide an optimal funding structure reference in terms of risk appetite, the corporate Structural Risks unit of GRM identifies and assesses the economic and financial variables that condition the funding structures in the different geographical areas. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, liquidity and funding risk management aims to achieve a proper diversification of the funding structure, avoiding excessive dependence on short-term funding by establishing a maximum level for the short-term funds raised, including both wholesale financing and the least stable proportion of customer funds In relation to long-term financing, the maturity profile does not present significant concentrations, which makes it possible to adapt the schedule of the planned issuance plan to the best financial conditions in the markets. Lastly, concentration risk is monitored at LMU level, with the aim of ensuring a correct diversification of both the counterparty and type of instrument.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">One of the fundamental metrics within the general management framework of the liquidity and funding risk is the maintenance of a liquidity buffer consisting of high quality assets free of charges which can be sold or offered as collateral to obtain funding, either under normal market conditions or in stress situations.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Finance area is responsible for the collateral management and determining the liquidity buffer within the BBVA Group. According to the principle of auto-sufficiency of the Group's subsidiaries, each LMU is responsible for maintaining a buffer of liquid assets which complies with the regulatory requirements applicable under each jurisdiction. In addition, the liquidity buffer of each LMU must be aligned with the liquidity and funding risk tolerance as well as the management limits set and approved for each case.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In this context, the short-term resistance of the liquidity risk profile is promoted, seeking to ensure that each LMU has sufficient collateral to deal with the risk of the closing of wholesale markets. Basic capacity is the internal metric for the management and control of short-term liquidity risk, which is defined as the relationship between the explicit assets available and the maturities of wholesale liabilities and volatile resources, at different time periods up to one year, with special relevance at 30 and 90 days, with the objective of preserving the survival period above 3 months with the available buffer, without considering the balance inflows.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a fundamental element of the liquidity and financing risk monitoring scheme, stress tests are carried out. They enable to anticipate deviations from the liquidity targets and the limits set in the appetite, and to establish tolerance ranges in the different management areas. They also play a major role in the design of the Liquidity Contingency Plan and the definition of specific measures to be adopted to rectify the risk profile if necessary.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For each scenario, it is checked whether BBVA has a sufficient stock of liquid assets to meet the liquidity commitments/outflows in the different periods analyzed. The analysis considers four scenarios: one central and three crisis-related (systemic crisis; unexpected internal crisis with a considerable rating downgrade and/or affecting the ability to issue in wholesale markets and the perception of business risk by the banking intermediaries and the entity’s clients; and a mixed scenario, as a combination of the two aforementioned scenarios). Each scenario considers the following factors: existing market liquidity, customer behavior and sources of funding, the impact of rating downgrades, market values of liquid assets and collateral, and the interaction between liquidity requirements and the development of BBVA's credit quality.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The stress tests conducted on a regular basis by GRM reveal that BBVA maintains a sufficient buffer of liquid assets to deal with the estimated liquidity outflows in a scenario resulting from the combination of a systemic crisis and an unexpected internal crisis, including in the scenario of a significant downgrade of the Bank’s rating by up to three notches. Together with the results of the stress tests and the risk metrics, the early warning indicators play an important role within the corporate model and the Liquidity Contingency Plan. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Finance is the area responsible for the elaboration, monitoring, execution and update of the liquidity and funding plan and of the market access strategy to assist in and improve the stability and diversification of the wholesale funding sources.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In order to implement and establish management in an anticipated manner, limits are set on an annual basis for the main management metrics that form part of the budgeting process for the liquidity and funding plan. This framework of limits contributes to the planning of the joint future performance of:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The loan book, considering the types of assets and their degree of liquidity, as well as their validity as collateral in collateralized funding. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Stable customer funds, based on the application of a methodology for establishing which segments and customer balances are considered to be stable or volatile funds based on the principle of sustainability and recurrence of these funds. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Projection of the credit gap, in order to require a degree of self-funding that is defined in terms of the difference between the loan-book and stable customer funds.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Incorporating the planning of securities portfolios into the banking book, which include both fixed-interest and equity securities, and are classified as financial assets at fair value through other comprehensive income and at amortized cost, and additionally on trading portfolios.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The structural gap projection, as a result of assessing the funding needs generated both from the credit gap and by the securities portfolio in the banking book, together with the rest of on-balance-sheet wholesale funding needs, excluding trading portfolios. This gap therefore needs to be funded with customer funds that are not considered stable or on wholesale markets.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a result of these funding needs, the BBVA Group plans the target wholesale funding structure according to the tolerance set in each LMU target.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Thus, once the structural gap has been identified and after resorting to wholesale markets, the amount and composition of wholesale structural funding is established in subsequent years, in order to maintain a diversified funding mix and guarantee that there is not a high reliance on short-term funding (short-term wholesale funding plus volatile customer funds).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In practice, the execution of the principles of planning and self-funding at the different LMU results in the Group’s main source of funding being customer deposits, which consist mainly of demand deposits, savings deposits and time deposits. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As sources of funding, customer deposits are complemented by access to the interbank market and the domestic and international capital markets in order to address additional liquidity requirements, implementing domestic and international programs for the issuance of commercial paper and medium and long-term debt.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The process of analysis and assessment of the liquidity and funding situation and of the inherent risks is a process carried out on an ongoing basis in the BBVA Group, with the participation of all the Group areas involved in liquidity and funding risk management. This process is carried out at both local and corporate level. It is incorporated into the decision- making process for liquidity and funding management, with integration between the risk appetite strategy and establishment and the planning process, the funding plan and the limits scheme.</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:8.39pt">Liquidity and funding performance </span><div style="margin-bottom:12pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group maintains a dynamic funding structure with a predominantly retail nature, where customer resources represent the main source of funding.</span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">During 2025, liquidity conditions remained adequate in all the countries where the BBVA Group operates. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The performance of the indicators show that the funding structure remained steady during 2025, 2024 and 2023, in the sense that all LMU held self-funding levels with stable customer resources above the requirements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:57.186%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.806%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LtSCD BY LMU</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Group (average)</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">105</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">102</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">99</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA, S.A.</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">101 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Mexico</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">115 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">115 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Garanti BBVA</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">90 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">78 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other LMU</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">103 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With respect to LCR, the Group has maintained a liquidity buffer at both a consolidated and individual level in 2025. As a result, the ratio has remained above 100%, with the consolidated ratio as of December 31, 2025 standing at 143%.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Although this requirement is only established at a Group level, for banks in the Eurozone, the minimum level required was exceeded in all subsidiaries. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">It should be noted that the calculation of the Consolidated LCR does not allow the transfer of liquidity between, or with, subsidiaries located outside the Eurozone, so no excess liquidity may be transferred from these entities for the purpose of calculating the consolidated ratio. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">If the impact of these highly liquid assets was considered, the LCR would be 169%, or 26 basis points above the required level.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LCR MAIN LMU</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Group </span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">143</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">134</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">149</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA, S.A.</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">162 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">156 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">178 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Mexico</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">161 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">146 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Garanti BBVA</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">159 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">141 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">212 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">One of the key elements in BBVA's Group liquidity and funding management is the targeted maintenance of large high quality liquidity buffers in all business areas where the group operates. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Each entity maintains a liquidity buffer at the individual level for BBVA, S.A. and for each of its subsidiaries, such as BBVA Mexico, Garanti BBVA and the Latin American subsidiaries.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In this respect, the Group has maintained for the last 12 months an average volume of high quality liquid assets (HQLA) amounting to €134,046 million, of which 98% correspond to maximum quality assets (LCR level 1).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The table below shows the liquidity available by instrument as of December 31, 2025, 2024 and 2023 for the most significant entities based on prudential supervisor’s information (Commission Implementing Regulations (EU) 2021/451 of December 17, 2020):</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:20.248%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.782%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.782%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.089%"></td><td style="width:0.1%"></td></tr><tr><td colspan="51" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIQUIDITY AVAILABLE BY INSTRUMENT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA, S.A.</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Garanti BBVA</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash and withdrawable central bank reserves</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,248</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,004</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,931</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,821</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,001</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,712</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,960</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,344</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,899</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,988</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,101</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,921</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Level 1 tradable assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,595</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,199</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,606</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,785</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,783</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,345</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,553</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,402</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,117</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,343</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,749</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,429</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Level 2A tradable assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">623</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">194</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">919</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">182</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">327</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">246</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Level 2B tradable assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,424</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,762</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,916</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">159</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">132</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other tradable assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,405</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,537</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,324</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">748</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">598</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">469</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">943</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">816</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">398</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">586</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">926</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">753</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-tradable assets eligible for central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">651</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cumulated counterbalancing capacity</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">130,946</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">116,706</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">123,696</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">29,707</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">21,869</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,903</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">19,456</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,562</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,414</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18,962</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,806</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,102</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Net Stable Funding Ratio (NSFR), defined as the result between the amount of stable funding available and the amount of stable funding required, requiring banks to maintain a stable financing profile in relation to the composition of their assets and off-balance sheet activities. This ratio should be at least 100% at all times. The NSFR ratio of the BBVA Group, stood at 126% as of December 31, 2025.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The NSFR of BBVA Group and its main LMU as of December 31, 2025, 2024 and 2023, was the following:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:57.186%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.806%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NSFR MAIN LMU</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Group </span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">126</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">127</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">131</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA, S.A.</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">119 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">120 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Mexico</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">132 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">131 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">140 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Garanti BBVA</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">144 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">149 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">178 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below is a matrix of residual maturities by contractual periods based on supervisory prudential reporting as of December 31, 2025, 2024 and 2023:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:26.849%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.203%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.782%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.082%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2025. CONTRACTUAL MATURITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 1 month</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 3 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 6 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6 to 9 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9 to 12 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 2 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2 to 3 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 5 years </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Over 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash, cash balances at central banks and other demand deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,413</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,789</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,202</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits in credit entities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,953</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">868</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,056</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">962</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,430</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">670</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,186</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">112</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,303</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits in other financial institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,505</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,626</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,315</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">846</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">726</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,941</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,654</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,059</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,060</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,732</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repo, securities borrowing and margin lending</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,061</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,418</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,957</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,566</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,707</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,320</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,223</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,933</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">669</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">113</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,967</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,574</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,625</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,638</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,096</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,144</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,496</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,730</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,930</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">114,633</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">417,866</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securities' portfolio settlement</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,598</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,947</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,016</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,451</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,405</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,718</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,361</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,414</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47,407</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">134,317</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:26.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.919%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2025. CONTRACTUAL MATURITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 1 month</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 3 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 6 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6 to 9 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9 to 12 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 2 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2 to 3 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 5 years </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Over 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wholesale funding</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,139</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,481</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,210</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,872</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,653</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,261</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,252</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,584</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,528</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88,980</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from financial institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,151</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,504</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,394</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">775</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">622</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">765</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">936</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">321</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">601</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">550</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,619</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from other financial institutions and international agencies</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,003</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,649</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,606</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,684</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">823</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,065</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,798</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">302</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">361</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">550</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,841</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">345,742</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">67,090</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,358</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,345</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,668</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,638</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,056</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,176</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,062</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">465</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">468,600</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Security pledge funding</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,299</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">89,726</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,794</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,108</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,407</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,047</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,656</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">507</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">288</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">564</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">119,396</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives, net</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">103</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">465</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(87)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">145</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(79)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(807)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:26.428%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.203%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.782%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.503%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2024. CONTRACTUAL MATURITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 1 month</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 3 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 6 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6 to 9 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9 to 12 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 2 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2 to 3 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 5 years </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Over 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash, cash balances at central banks and other demand deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,125</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,087</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,212</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits in credit entities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,246</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">541</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,165</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">647</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">918</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">861</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">351</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,805</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits in other financial institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,677</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,642</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">970</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">929</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,130</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,577</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,526</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,369</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">681</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,502</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repo, securities borrowing and margin lending</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,310</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,594</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,025</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,911</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,138</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,782</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,675</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,008</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">122</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">67,565</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,605</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,547</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,770</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,928</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,715</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,537</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,618</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,469</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105,649</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">375,837</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securities' portfolio settlement</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,861</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,741</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,084</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,531</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,922</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,625</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,053</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,972</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,850</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">127,640</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.211%"><tr><td style="width:1.0%"></td><td style="width:26.018%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.244%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.255%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.538%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.538%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.538%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.538%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.255%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.255%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.255%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.820%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.546%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2024. CONTRACTUAL MATURITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 1 month</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 3 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 6 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6 to 9 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9 to 12 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 2 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2 to 3 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 5 years </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Over 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wholesale funding</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,484</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,816</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,536</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,347</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,685</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,517</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,386</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,530</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,306</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">75,608</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from financial institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,600</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,070</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">476</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">644</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">130</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">732</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">558</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">242</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">570</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">743</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,765</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from other financial institutions and international agencies</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,950</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,247</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,466</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,584</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">922</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">503</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,256</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">477</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">433</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">742</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,581</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">318,252</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,789</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,758</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,580</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,888</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,329</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,055</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">569</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">834</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">787</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">416,841</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Security pledge funding</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74,614</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,093</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,452</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,355</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,157</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,223</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">366</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,454</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">445</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105,159</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives, net</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(388)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(73)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(142)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">142</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">549</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(122)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(87)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(46)</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:26.529%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.498%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2023. CONTRACTUAL MATURITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 1 month</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 3 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 6 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6 to 9 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9 to 12 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 2 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2 to 3 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 5 years </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Over 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash, cash balances at central banks and other demand deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,353</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">61,678</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72,031</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits in credit entities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,676</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">393</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">543</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">594</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">602</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">602</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">136</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,672</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits in other financial institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,288</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,261</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,049</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">385</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">649</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,019</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">965</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">974</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,291</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,882</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repo, securities borrowing and margin lending</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,407</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,683</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,890</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,398</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,596</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,319</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,817</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,133</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">139</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86,382</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,644</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,850</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,239</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,434</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,029</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,267</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,769</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45,116</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104,086</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">346,433</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securities' portfolio settlement</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,167</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,011</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,633</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,578</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,950</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,266</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,016</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,245</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,558</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">118,424</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:26.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.779%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2023. CONTRACTUAL MATURITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 1 month</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 3 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 6 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6 to 9 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9 to 12 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 2 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2 to 3 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 5 years </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Over 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wholesale funding</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,187</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,889</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,518</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,935</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,225</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,296</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,990</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,175</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,424</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74,639</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from financial institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,092</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,669</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,076</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">715</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">119</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">605</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">795</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">198</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">695</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,011</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from other financial institutions and international agencies</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,507</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,526</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,806</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,036</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">834</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">841</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,033</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">618</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">695</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">638</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,535</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">304,096</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,745</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,225</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,855</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,905</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,500</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,753</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,029</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">758</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,092</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">390,959</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Security pledge funding</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86,908</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,028</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,107</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,274</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,821</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,630</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,111</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,060</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">677</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">133,615</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives, net</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(21)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(30)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(62)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(267)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(135)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,616)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,009)</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With regard to the financing structure, the loan portfolio is mostly financed by retail deposits. The “demand” maturity bucket mainly contains the retail customer sight accounts whose behavior historically showed a high level of stability and little concentration. According to a behavior analysis which is done every year in every entity, this type of account is considered to be stable and for liquidity risk purposes receives a better treatment.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The most relevant aspects related to the main geographical areas are the following:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In Spain, BBVA, S.A. maintained a strong position with a large high-quality liquidity buffer, maintaining at all times the regulatory liquidity metrics well above the set minimums. During 2025, commercial activity showed dynamism in attracting customer deposits, mainly from wholesale clients, supported equally by retail clients and the new digital bank in Germany. Regarding lending activity, there was a significant boost from wholesale business units. Growth in both areas has resulted in a narrowing of the credit gap.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">BBVA Mexico showed an adequate liquidity situation, with a credit gap that improved over the year, mainly due to strong deposit growth in local currency. In addition, the liquidity situation was reinforced by wholesale debt issuances carried out in both Mexican pesos and U.S. dollars.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In Turkey, Garanti BBVA maintained an adequate liquidity situation in 2025. The lending gap decreased significantly in foreign currencies due to a strong rise in deposits. On the other hand, there was an increase in the credit gap in Turkish lira due to the strong growth in lending, which exceeded that of deposits. Wholesale issuances in foreign currency supported liquidity. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In South America, the liquidity situation has also remained adequate throughout the region in 2025. In BBVA Argentina, at a constant exchange rate, the credit gap improved in Argentine pesos due to the impulse in time deposits despite strong loan growth. In the U.S. dollar balance sheet, at a constant exchange rate, the growth of loans exceeded fund gathering, thus widening the credit gap in this currency. In BBVA Colombia, the liquidity situation was comfortable, even though the credit gap widened in 2025, with a sustained growth of loans that slightly exceeded the volume of fund gathering. At BBVA Peru, the liquidity situation remained solid, with a credit gap that widened during the year due to the dynamism of lending activity, especially in U.S. dollars.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The main wholesale financing transactions carried out by the BBVA Group during 2025 are listed below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.526%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Issuer</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Type of issue</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date of issue</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Nominal (millions)</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Currency</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Coupon</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Early redemption</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Maturity date</span></div></td></tr><tr style="height:12pt"><td colspan="3" rowspan="4" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA, S.A.</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AT1</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jan-25</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">USD</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.750%</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jan-32</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Perpetual</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tier 2</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Feb-25</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EUR</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.000%</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Feb-32</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Feb-37</span></div></td></tr><tr style="height:21pt"><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Senior non-preferred</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jul-25</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EUR</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.125%</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">_</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jul-30</span></div></td></tr><tr style="height:21pt"><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Senior non-preferred</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aug-25</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EUR</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.750%</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">_</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aug-35</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AT1</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Nov-25</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EUR</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.625%</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Nov-32</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Perpetual</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In relation to liability management, on May 10, 2025, BBVA, S.A. redeemed early and in full an issue of senior preferred bonds made in May 2023 for €1 billion; in January 2025, it redeemed early and in full a €1 billion Tier 2 issue made in January 2020 and maturing in 2030; and in March 2025, it redeemed in full a Contingent Convertible Preferred Securities (AT1) issue for USD 1000 billion issued in 2019. On September 14, 2025, BBVA, S.A. redeemed early and in full an issue of senior non-preferred bonds made in September 2022 for USD 1 billion (see Note 22.4).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">After the closing date of the 2025 financial year, on January 7, 2026, BBVA, S.A. issued €2 billion in senior non-preferred debt, structured in two tranches: the first, for €750 million, with a coupon fixed set at three-month Euribor plus 55 basis points, and the second, for €1.25 billion, with a fixed coupon of 3.75%. On January 15, 2026, BBVA, S.A. carried out the early redemption of a green AT1 issue made on July 15, 2020, for a combined nominal amount of €1 billion, a decision that was communicated to the market on December 17, 2025 (see Note 22.4).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA Mexico issued in February 2025 USD 1 billion of Tier 2 subordinated debt with a coupon of 7.625%. In addition, a senior debt issue was carried out in March 2025 for 15 billion Mexican pesos (approximately €692 million), and another in September 2025 in two tranches: the first for 14,434 million Mexican pesos (approximately €666 million) and the second for USD 158 million.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Throughout 2025, Garanti BBVA issued a total of USD 3,847 million of short-term senior MTN in order to roll over maturities and generate liquidity. In June 2025, it renewed 100% of a sustainable syndicated loan in two tranches for a total amount of USD 440 million. In July 2025, Garanti BBVA completed the issuance of subordinated bonds for a total amount of USD 500 million. In October 2025, another subordinated bond issue was made for USD 700 million. In November 2025, Garanti BBVA issued Turkey's first biodiversity bond, worth USD 20.22 million. Finally, in December 2025, Garanti BBVA formalized a sustainability focused syndicated loan for a total amount of USD 428 million. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2025, through successive placements of debt securities, BBVA Argentina issued a total of 244 billion Argentine pesos and USD 192 million. The euro equivalent of these issues was €306 million. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In April 2025, BBVA Colombia issued a subordinated biodiversity bond, subscribed by the International Finance Corporation (IFC), for an amount of USD 45 million. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In Peru, BBVA issued USD 200 million in the form of a gender social bond aimed at women entrepreneurs, executed in two tranches during the first and the third quarters of 2025, in partnership with IDB Invest, FMO (Dutch Entrepreneurial Development Bank) and COFIDE (Corporación Financiera de Desarrollo</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">, </span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">S.A.).</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:7.94pt">Asset encumbrance</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, the encumbered (those provided as collateral for certain liabilities) and unencumbered assets are broken down as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:20.950%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.939%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.939%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.658%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.062%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.641%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.062%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.641%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.227%"></td><td style="width:0.1%"></td></tr><tr><td colspan="42" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ENCUMBERED AND UNENCUMBERED ASSETS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="18" style="background-color:#001391;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Encumbered assets</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="18" style="background-color:#001391;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unencumbered assets</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value </span></div></td><td colspan="9" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value </span></div></td><td colspan="9" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">69,272</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">68,268</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">78,586</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">790,304</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">704,134</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">696,972</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,964</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">834</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">592</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,968</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">834</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">592</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,836</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,159</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,176</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,836</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,159</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,176</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,016</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,404</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,458</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,910</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45,639</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,818</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">120,408</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102,333</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88,976</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">120,408</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102,333</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88,976</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances and other assets</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,291</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,030</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,535</span></div></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">650,060</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">584,641</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">594,821</span></div></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The committed value of "Loans and Advances and other assets" corresponds mainly to loans linked to the issue of covered bonds, territorial bonds or long-term securitized bonds (see Note 22.4) as well as, to a lesser extent, those used as a guarantee to access certain funding transactions with central banks. Debt securities and equity instruments correspond to underlying that are delivered in repos with different types of counterparties, mainly clearing houses or credit institutions, and to a lesser extent central banks. Collateral provided to guarantee derivative transactions is also included as committed assets.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, collateral pledges received mainly due to repurchase agreements and securities lending, and those which could be committed in order to obtain funding are provided below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.211%"><tr><td style="width:1.0%"></td><td style="width:27.854%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.668%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.668%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.668%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.364%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.668%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.668%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.668%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.364%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.668%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.668%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.674%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">COLLATERAL RECEIVED (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value of encumbered collateral received or own debt certificates issued</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value of collateral received or own debt certificates issued available for encumbrance</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value of collateral received or own debt certificates issued not available for encumbrance</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Collateral received</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">49,726</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">40,877</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">73,836</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,783</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,917</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,825</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,634</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,151</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">996</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">190</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">215</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,019</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">675</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">162</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,536</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,663</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72,817</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,107</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,754</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,774</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,634</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,151</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">996</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances and other assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Own debt certificates issued other than own covered bonds or ABSs</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">63</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">74</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The guarantees received in the form of reverse repurchase agreements or security lending transactions are committed by their use in repurchase agreements, as is the case with debt securities. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, financial liabilities issued related to encumbered assets in financial transactions as well as their book value were as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:28.394%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.557%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.557%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.557%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.557%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.557%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.560%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SOURCES OF ENCUMBRANCE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Matching liabilities, contingent liabilities or securities lent</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets, collateral received and own</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">debt certificates issued other than covered bonds and ABSs encumbered</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value of financial liabilities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">116,511</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">109,833</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">151,766</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">117,052</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">107,067</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">149,853</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,092</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,047</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,895</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,377</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,698</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,756</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92,586</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">84,604</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">126,777</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">94,577</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,938</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">126,543</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Outstanding subordinated debt</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,833</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,182</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,094</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,097</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,431</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,554</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other sources</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">820</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,141</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,066</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,946</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,079</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,568</span></td></tr></table></div>
805000000
791000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA Research forecasts a maximum of five years for the macroeconomic variables. The following forecasts (positive base and negative scenarios) of the GDP growth, unemployment rate and House Price Index (HPI), for the most relevant countries where they represent a significant factor, provided by BBVA Research, were used for the calculation of the ECL as of December 31, 2025:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.948%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">POSITIVE SCENARIO OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.94 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.89 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.26 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.69 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.75 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.81 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.82 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.52 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.58 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.08 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.91 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.74 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.99 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.37 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.47 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.65 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.36 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.52 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.34 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.94 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.90 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.17 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.29 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.89 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.75 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.09 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.34 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.65 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.78 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.47 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.77 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.98 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.21 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.81 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.28 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.58 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.70 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.65 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.84 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.29 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.90 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.61 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.44 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.55 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.80 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.63 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.53 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.45 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.626%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.628%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.35 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.98 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.58 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.17 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.89 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.64 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.87 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.06 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.92 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.97 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.41 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.43 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.03 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.94 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.41 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.91 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.24 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.24 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.15 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.79 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.04 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.77 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.29 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.06 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.91 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.69 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.10 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.80 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.38 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.15 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.79 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.59 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.94 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.97 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.45 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.16 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The estimate for the then-following five years of the following rates, used in the measurement of the expected loss as of December 31, 2024, consistent with the latest estimates made public at that date, was:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.105%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">POSITIVE SCENARIO OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.13 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.97 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.01 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.25 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.75 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.57 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.25 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.79 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.48 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.78 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.55 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.48 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.04 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.85 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.97 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.89 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.02 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.17 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.98 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.87 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.03 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.38 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.35 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.27 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.65 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.64 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.96 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.54 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.89 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.82 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.76 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.80 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.05 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.21 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.69 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.58 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.77 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.12 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.88 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.81 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.70 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.96 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.81 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.52 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.73 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.46 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.51 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.96 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.486%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.487%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.12 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.59 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.66)</span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.37 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.16 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.20 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.45 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.55 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.37 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.67 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.09 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.07 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.15 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.44 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.83 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.13 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.68 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.72 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.12 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.31 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.54 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.92 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.23 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.11 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.70 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.20 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.60 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.05 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.21 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.55 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.57 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.12 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.44 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.50 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.22 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.95 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div>
0.0294
0.0989
0.0826
0.0069
0.0275
0.0481
0.0382
0.0852
0.0358
0.0708
0.0791
0.0274
0.0299
0.0437
0.0747
0.0865
0.0536
0.0652
0.0734
0.0394
0.0290
0.0417
0.0929
0.0789
0.0675
0.0609
0.0734
0.0365
0.0278
0.0447
0.0577
0.0798
0.0721
0.0581
0.0728
0.0358
0.0270
0.0465
0.0584
0.0829
0.0690
0.0561
0.0644
0.0355
0.0280
0.0463
0.0553
0.0845
0.0335
0.0598
0.0458
0.0817
0.0289
0.0864
0.0387
0.0606
0.0492
0.0797
0.0441
0.0843
0.0403
0.0594
0.0741
0.0691
0.0424
0.0824
0.0415
0.0579
0.0804
0.0577
0.0429
0.0806
0.0391
0.0569
0.0810
0.0480
0.0438
0.0815
0.0379
0.0559
0.0794
0.0397
0.0445
0.0816
<div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.662%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.107%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BASE SCENARIO OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.90 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.58 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.24 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.67 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.75 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.81 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.75 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.53 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.39 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.95 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.67 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.25 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.08 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.38 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.97 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.23 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.03 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.60 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.35 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.71 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.13 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.00 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.46 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.35 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.96 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.30 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.61 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.80 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.06 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.89 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.20 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.75 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.96 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.05 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.20 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.86 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.01 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.88 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.06 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.00 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.99 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.80 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.04 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.90 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.12 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.72 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.03 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.00 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.626%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.628%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.34 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.98 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.47 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.18 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.68 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.64 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.09 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.10 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.02 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.10 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.81 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.70 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.58 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.07 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.04 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.33 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.76 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.78 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.78 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.00 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.99 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.43 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.98 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.76 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.67 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.95 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.04 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.60 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.13 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.96 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.63 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.90 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.99 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.83 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.22 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.06 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.105%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BASE SCENARIO OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.09 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.43 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.99 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.24 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.75 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.57 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.18 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.80 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.29 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.75 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.32 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.99 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.13 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.85 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.48 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.46 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.69 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.35 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.99 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.64 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.25 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.21 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.52 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.73 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.86 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.95 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.24 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.70 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.17 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.23 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.18 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.58 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.80 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.55 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.61 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.87 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.08 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.36 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.11 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.52 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.80 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.25 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.41 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.87 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.04 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.55 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.01 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.51 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.486%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.487%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.10 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.59 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.76)</span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.38 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.96 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.20 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.67 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.59 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.48 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.80 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.49 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.34 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.70 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.57 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.47 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.55 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.19 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.26 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.75 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.52 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.48 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.58 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.92 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.81 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.45 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.47 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.54 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.85 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.96 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.36 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.41 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.42 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.48 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.35 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.99 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.86 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table>
0.0290
0.1058
0.0824
0.0067
0.0275
0.0481
0.0375
0.0853
0.0239
0.0995
0.0667
0.0125
0.0308
0.0438
0.0397
0.0923
0.0203
0.0960
0.0335
0.0171
0.0313
0.0400
0.0546
0.0935
0.0196
0.0930
0.0161
0.0180
0.0306
0.0389
0.0320
0.0975
0.0196
0.0905
0.0120
0.0186
0.0301
0.0388
0.0406
0.1000
0.0199
0.0880
0.0104
0.0190
0.0312
0.0372
0.0403
0.1000
0.0334
0.0598
0.0447
0.0818
0.0268
0.0864
0.0309
0.0610
0.0302
0.0810
0.0281
0.0870
0.0258
0.0607
0.0304
0.0733
0.0276
0.0878
0.0278
0.0600
0.0299
0.0643
0.0298
0.0876
0.0267
0.0595
0.0304
0.0560
0.0313
0.0896
0.0263
0.0590
0.0299
0.0483
0.0322
0.0906
<div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.105%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="border-bottom:1pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NEGATIVE SCENARIO OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></div></td></tr><tr style="height:9pt"><td colspan="33" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.86 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.26 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.21 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.63 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.75 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.80 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.69 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.53 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.27 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.81 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.49 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.11 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.15 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.38 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.90 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.55 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.95)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.65 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.17)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.13)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.31 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.86 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.53 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.33 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.39)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.49 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.44)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.24 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.30 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.41 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.38 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.01 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.95)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.28 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4.28)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.40 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.28 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.25 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.16 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.14 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.66)</span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.98 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.91)</span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.45 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.39 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.96 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.20 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.97 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:10.697%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.366%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.366%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.366%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.366%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.506%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.511%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.16 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.99 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.29 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.18 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.49 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.65 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.98 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.24 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.00 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.32 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.61 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.04 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.31 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.35 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.05)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.88 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.50 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.56 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.66 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.38 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.27)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.20 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.22 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.76 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.67 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.41 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.03)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.48 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.53 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.09 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2030</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.73 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.42 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.91)</span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.72 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.67 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.29 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.105%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NEGATIVE SCENARIO OF GDP, UNEMPLOYMENT RATE AND HPI FOR THE MAIN GEOGRAPHICAL AREAS</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HPI</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.05 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.88 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.97 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.20 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.75 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.56 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.13 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.80 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.18 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.71 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.15 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.16)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.20 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.86 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.41 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.79 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.30)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.50 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.53)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.20)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.43 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.07 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.59 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.71 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.50)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.24 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.81)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.14 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.41 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.76 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.37 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.83 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.11)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.88 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.87)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.40 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.34 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.72 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.21 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.67 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.86)</span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.53 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.55)</span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.42 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.32 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.79 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.18 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.47 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.486%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.487%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unemployment</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.92 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.60 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.93)</span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.38 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.77 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.21 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.56 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.73 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.46 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.02 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.30 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.68 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2026</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.43 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.85 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.60)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.10 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.93 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.04 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.63 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.90 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.79)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.35 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.16 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.81 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2028</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.46 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.93 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.53)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.73 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.36 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.49 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2029</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.51 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.95 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.41)</span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.25 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.44 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.09 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div>
0.0286
0.1126
0.0821
0.0063
0.0275
0.0480
0.0369
0.0853
0.0127
0.1281
0.0549
0.0011
0.0315
0.0438
0.0190
0.0955
-0.0095
0.1265
-0.0017
-0.0013
0.0331
0.0386
0.0253
0.1033
-0.0239
0.1249
-0.0344
0.0024
0.0330
0.0341
0.0138
0.1101
-0.0295
0.1228
-0.0428
0.0040
0.0328
0.0325
0.0316
0.1114
-0.0266
0.1198
-0.0391
0.0045
0.0339
0.0296
0.0320
0.1097
0.0316
0.0599
0.0429
0.0818
0.0249
0.0865
0.0098
0.0624
0.0000
0.0832
0.0061
0.0904
0.0031
0.0635
-0.0205
0.0788
0.0050
0.0956
0.0066
0.0638
-0.0227
0.0720
0.0122
0.0976
0.0067
0.0641
-0.0203
0.0648
0.0153
0.1009
0.0073
0.0642
-0.0191
0.0572
0.0167
0.1029
0.0313
0.1097
0.0301
0.0125
0.0275
0.0457
0.0325
0.0879
0.0348
0.0878
0.0555
0.0248
0.0304
0.0485
0.0597
0.0989
0.0502
0.0817
0.0698
0.0387
0.0303
0.0438
0.0835
0.0927
0.0665
0.0764
0.0796
0.0354
0.0289
0.0482
0.0676
0.0880
0.0705
0.0721
0.0769
0.0358
0.0277
0.0512
0.0588
0.0881
0.0670
0.0696
0.0681
0.0352
0.0273
0.0546
0.0551
0.0896
0.0312
0.0659
-0.0366
0.1037
0.0216
0.1020
0.0345
0.0655
0.0737
0.0867
0.0409
0.1007
0.0415
0.0644
0.0883
0.0713
0.0468
0.0972
0.0412
0.0631
0.0854
0.0592
0.0423
0.0911
0.0370
0.0620
0.0860
0.0505
0.0421
0.0855
0.0357
0.0612
0.0844
0.0450
0.0422
0.0795
0.0309
0.1143
0.0299
0.0124
0.0275
0.0457
0.0318
0.0880
0.0229
0.1075
0.0432
0.0099
0.0313
0.0485
0.0248
0.1046
0.0169
0.1035
0.0299
0.0164
0.0325
0.0421
0.0452
0.1073
0.0186
0.0995
0.0224
0.0170
0.0317
0.0423
0.0418
0.1058
0.0180
0.0955
0.0161
0.0187
0.0308
0.0436
0.0411
0.1052
0.0180
0.0925
0.0141
0.0187
0.0304
0.0455
0.0401
0.1051
0.0310
0.0659
-0.0376
0.1038
0.0196
0.1020
0.0267
0.0659
0.0548
0.0880
0.0249
0.1034
0.0270
0.0657
0.0447
0.0755
0.0319
0.1026
0.0275
0.0652
0.0348
0.0658
0.0292
0.0981
0.0245
0.0647
0.0354
0.0585
0.0296
0.0936
0.0241
0.0642
0.0348
0.0535
0.0299
0.0886
0.0305
0.1188
0.0297
0.0120
0.0275
0.0456
0.0313
0.0880
0.0118
0.1271
0.0315
-0.0016
0.0320
0.0486
0.0041
0.1079
-0.0130
0.1250
-0.0053
-0.0020
0.0343
0.0407
0.0159
0.1171
-0.0250
0.1224
-0.0281
0.0014
0.0341
0.0376
0.0237
0.1183
-0.0311
0.1188
-0.0387
0.0040
0.0334
0.0372
0.0321
0.1167
-0.0286
0.1153
-0.0355
0.0042
0.0332
0.0379
0.0318
0.1147
0.0292
0.0660
-0.0393
0.1038
0.0177
0.1021
0.0056
0.0673
0.0246
0.0902
0.0030
0.1068
0.0043
0.0685
-0.0060
0.0810
0.0093
0.1104
0.0063
0.0690
-0.0179
0.0735
0.0116
0.1081
0.0046
0.0693
-0.0153
0.0673
0.0136
0.1049
0.0051
0.0695
-0.0141
0.0625
0.0144
0.1009
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Variation in expected loss is determined both by re-staging (that is: in worse scenarios due to the recognition of lifetime credit losses for additional operations that are transferred to stage 2 from stage 1 where 12 months of losses are valued: or vice versa in improvement scenarios) as well as variations in the collective risk parameters (PD and LGD) of each financial instrument due to the changes defined in the macroeconomic forecasts of the scenario. The variation in the expected loss for the Group and the main portfolios and geographical areas is shown below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:9.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.071%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.071%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.071%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.217%"></td><td style="width:0.1%"></td></tr><tr><td colspan="51" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">EXPECTED LOSS VARIATION AS OF DECEMBER 31, 2025</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Group</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Debt securities</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">- 100 bps</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">161</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">136</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">76</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">70</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">+100 bps</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(168)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(144)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(31)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(12)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(19)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(86)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(81)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(33)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(27)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Housing price</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">- 100 bps</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">+100 bps</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(28)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.071%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.071%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.071%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.358%"></td><td style="width:0.1%"></td></tr><tr><td colspan="51" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">EXPECTED LOSS VARIATION AS OF DECEMBER 31, 2024</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Group</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">GDP</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Debt securities</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Total Portfolio</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Companies</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%">Retail</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> - 100 bps</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">153</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">135</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">74</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">27</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> +100 bps</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(170)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(145)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(20)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(26)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(18)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(92)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(89)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(33)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(21)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Housing price</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> - 100 bps</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> +100 bps</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(27)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr></table></div>
0.0161
0.0136
0.0024
0.0001
0.0032
0.0012
0.0020
0.0076
0.0006
0.0070
0.0034
0.0005
0.0028
-0.0168
-0.0144
-0.0023
-0.0001
-0.0031
-0.0012
-0.0019
-0.0086
-0.0005
-0.0081
-0.0033
-0.0005
-0.0027
0.0029
-0.0028
0.0153
0.0135
0.0017
0.0001
0.0028
0.0008
0.0020
0.0074
0.0002
0.0072
0.0032
0.0005
0.0027
-0.0170
-0.0145
-0.0020
-0.0001
-0.0026
-0.0008
-0.0018
-0.0092
-0.0003
-0.0089
-0.0033
-0.0009
-0.0021
0.0028
-0.0027
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA Group’s credit risk exposure by headings in the consolidated balance sheets as of December 31, 2025, 2024 and 2023 is provided below. It does not consider the loss allowances and the availability of collateral or other credit enhancements to enable compliance with payment obligations. The details are broken down by category of financial instruments:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:52.897%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.300%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MAXIMUM CREDIT RISK EXPOSURE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">90,634</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,901</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,846</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,887</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,272</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,539</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">541</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,006</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives (trading and hedging) </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">49,141</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,919</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,360</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,046</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,020</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">513</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">488</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">581,271</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">536,123</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,765</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,383</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73,429</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73,387</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,881</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,881</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,263</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,230</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">472,697</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">427,625</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,727</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,346</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total financial assets risk</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">792,242</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total loan commitments and financial guarantees</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">312,578</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">303,063</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,839</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">676</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">227,554</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">220,990</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,385</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial guarantees given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,865</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,988</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">739</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">138</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60,159</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,084</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,715</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">359</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total maximum credit exposure</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,104,820</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:52.897%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.300%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MAXIMUM CREDIT RISK EXPOSURE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December<br/>2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">72,945</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,760</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,955</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,230</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,546</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,782</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">407</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">358</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">836</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives (trading and hedging) </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">53,229</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,115</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,451</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,639</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,315</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,309</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">514,086</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">467,910</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,930</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,246</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59,070</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,887</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">149</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,261</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,261</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,668</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,658</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">424,087</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">378,104</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,772</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,211</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total financial assets risk</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">710,757</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total loan commitments and financial guarantees</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">262,233</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">253,291</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,150</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">791</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">188,515</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">182,830</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,524</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">160</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial guarantees given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,503</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,513</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">798</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,215</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,948</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,828</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">439</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total maximum credit exposure</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">972,990</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:52.897%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.300%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MAXIMUM CREDIT RISK EXPOSURE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December <br/>2023</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">106,749</span></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #dbdbdb;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,589</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,569</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73,590</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,737</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,963</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">484</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">290</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">955</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives (trading and hedging) </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">48,747</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">62,289</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,217</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">61,047</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60,255</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">771</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">463,130</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">410,590</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">38,061</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,478</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,544</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,403</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">108</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,176</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,176</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,498</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,478</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">388,912</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">336,533</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,935</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,444</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total financial assets risk</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">690,606</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total loan commitments and financial guarantees</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">214,283</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">204,842</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,411</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,030</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">152,868</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">147,376</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,326</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">165</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial guarantees given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,839</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,612</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">998</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">229</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,577</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39,854</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,087</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">636</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total maximum credit exposure</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">904,889</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td></tr></table></div>
90634000000
9901000000
30846000000
49887000000
11272000000
10539000000
192000000
541000000
1006000000
49141000000
58919000000
1360000000
57046000000
57020000000
0
25000000
513000000
24000000
488000000
0
581271000000
536123000000
30765000000
14383000000
73429000000
73387000000
5000000
37000000
10881000000
10881000000
0
0
24263000000
24230000000
34000000
0
472697000000
427625000000
30727000000
14346000000
792242000000
312578000000
303063000000
8839000000
676000000
227554000000
220990000000
6385000000
179000000
24865000000
23988000000
739000000
138000000
60159000000
58084000000
1715000000
359000000
1104820000000
72945000000
6760000000
27955000000
38230000000
10546000000
9782000000
407000000
358000000
836000000
53229000000
59115000000
1451000000
57639000000
55315000000
2309000000
16000000
25000000
25000000
0
0
514086000000
467910000000
31930000000
14246000000
59070000000
58887000000
149000000
34000000
8261000000
8261000000
0
0
22668000000
22658000000
8000000
2000000
424087000000
378104000000
31772000000
14211000000
710757000000
262233000000
253291000000
8150000000
791000000
188515000000
182830000000
5524000000
160000000
22503000000
21513000000
798000000
192000000
51215000000
48948000000
1828000000
439000000
972990000000
106749000000
4589000000
28569000000
73590000000
8737000000
7963000000
484000000
290000000
955000000
48747000000
62289000000
1217000000
61047000000
60255000000
771000000
21000000
26000000
26000000
0
0
463130000000
410590000000
38061000000
14478000000
49544000000
49403000000
108000000
32000000
7176000000
7176000000
0
0
17498000000
17478000000
18000000
2000000
388912000000
336533000000
37935000000
14444000000
690606000000
214283000000
204842000000
8411000000
1030000000
152868000000
147376000000
5326000000
165000000
18839000000
17612000000
998000000
229000000
42577000000
39854000000
2087000000
636000000
904889000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by geographical area and stage of the maximum credit risk exposure, the accumulated allowances recorded and the carrying amount of the loans and advances to customers recorded at amortized cost as of December 31, 2025, 2024 and 2023 is shown below:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:15.029%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.637%"></td><td style="width:0.1%"></td></tr><tr><td colspan="45" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross exposure</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated allowances</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">261,536</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">239,762</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,141</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,633</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,699)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(528)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(602)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,569)</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">256,838</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">239,235</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,539</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,064</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100,699</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91,333</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,549</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,817</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,482)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,346)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(629)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,507)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">97,217</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">89,987</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,919</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,310</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,756</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,214</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,866</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,676</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,011)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(176)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(356)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,478)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">53,745</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,038</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,510</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,198</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">53,331</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,988</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,140</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,203</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,095)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(373)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(299)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,423)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,235</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,614</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,841</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">780</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Others </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,375</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,327</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,366</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,326</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (4)</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">472,697</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">427,625</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,727</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,346</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(12,297)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,424)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,887)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,985)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">460,401</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">425,200</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">28,840</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,361</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: individual</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,304)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(266)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,023)</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: collective</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(10,992)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,409)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,622)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(6,962)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr></table><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Spain includes all countries where BBVA, S.A. operates.</span></div><div style="padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Turkey includes all countries in which Garanti BBVA operates.</span></div><div style="padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.</span></div><div style="padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2025, the remaining balance was €76 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the relevant instruments or value corrections are made when the losses materialize. </span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:14.793%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.362%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.791%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.362%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.791%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.658%"></td><td style="width:0.1%"></td></tr><tr><td colspan="45" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross exposure</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated allowances</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">232,185</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208,969</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,637</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,579</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,684)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(543)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(631)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,510)</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">227,501</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208,426</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,006</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,069</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91,717</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83,053</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,147</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,517</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,055)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,210)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(542)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,303)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88,662</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,843</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,605</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,214</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,083</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,708</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,534</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,841</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,784)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(243)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(390)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,151)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,299</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,465</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,144</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">690</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,897</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,204</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,431</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,262</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,079)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(393)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(283)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,403)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,818</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,811</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,148</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">860</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Others</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,205</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,170</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,197</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,170</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (4)</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">424,087</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">378,104</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,772</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,211</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,611)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,389)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,847)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,374)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">412,477</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">375,715</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">29,925</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,837</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: individual</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,532)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(321)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,197)</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: collective</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(10,079)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,376)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,526)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(6,177)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr></table></div><div style="padding-left:2.16pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Spain includes all countries where BBVA, S.A. operates.</span></div><div style="padding-left:2.16pt;padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Turkey includes all countries in which Garanti BBVA operates.</span></div><div style="padding-left:2.16pt;padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(3) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.</span></div><div style="padding-left:2.16pt;padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(4) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2024 the remaining balance was €107 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the relevant instruments or value corrections are made when the losses materialize.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.791%"><tr><td style="width:1.0%"></td><td style="width:14.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.134%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.134%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.708%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.708%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.134%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.850%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.708%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.708%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.134%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.275%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.708%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.713%"></td><td style="width:0.1%"></td></tr><tr><td colspan="39" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross exposure</span></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated allowances</span></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">214,522</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">183,503</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,953</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,066</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,593)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(503)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(714)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,375)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">209,929</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">183,000</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,239</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,690</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91,086</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,619</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,995</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,472</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,049)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,097)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(620)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,332)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88,037</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80,522</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,375</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,140</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39,058</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,105</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,234</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,719</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,641)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(167)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(314)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,160)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,416</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,938</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,920</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">559</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,151</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,237</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,738</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,176</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,976)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(319)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(377)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,280)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,175</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,918</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,362</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">896</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Others </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,094</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,069</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,085</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,068</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total ⁽⁴⁾</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">388,912</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">336,533</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">37,935</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,444</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,269)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,087)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,026)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,156)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">377,643</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">334,446</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">35,909</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,287</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: individual</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,665)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(471)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,179)</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: collective</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(9,604)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,072)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,555)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(5,977)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr></table><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%"> (1) Spain includes all countries where BBVA, S.A. operates.</span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Turkey includes all countries in which Garanti BBVA operates.</span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(3) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.</span></div><div style="text-indent:-0.01pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(4) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2023 the remaining balance was €142 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the operations or are applied to the value corrections when the losses materialize.</span></div>
261536000000
239762000000
15141000000
6633000000
-4699000000
-528000000
-602000000
-3569000000
256838000000
239235000000
14539000000
3064000000
100699000000
91333000000
6549000000
2817000000
-3482000000
-1346000000
-629000000
-1507000000
97217000000
89987000000
5919000000
1310000000
55756000000
48214000000
4866000000
2676000000
-2011000000
-176000000
-356000000
-1478000000
53745000000
48038000000
4510000000
1198000000
53331000000
46988000000
4140000000
2203000000
-2095000000
-373000000
-299000000
-1423000000
51235000000
46614000000
3841000000
780000000
1375000000
1327000000
31000000
16000000
-9000000
-1000000
-1000000
-7000000
1366000000
1326000000
30000000
9000000
472697000000
427625000000
30727000000
14346000000
-12297000000
-2424000000
-1887000000
-7985000000
460401000000
425200000000
28840000000
6361000000
-1304000000
-15000000
-266000000
-1023000000
-10992000000
-2409000000
-1622000000
-6962000000
232185000000
208969000000
15637000000
7579000000
4684000000
543000000
631000000
3510000000
227501000000
208426000000
15006000000
4069000000
91717000000
83053000000
6147000000
2517000000
3055000000
1210000000
542000000
1303000000
88662000000
81843000000
5605000000
1214000000
50083000000
42708000000
5534000000
1841000000
1784000000
243000000
390000000
1151000000
48299000000
42465000000
5144000000
690000000
48897000000
42204000000
4431000000
2262000000
2079000000
393000000
283000000
1403000000
46818000000
41811000000
4148000000
860000000
1205000000
1170000000
23000000
12000000
9000000
0
1000000
7000000
1197000000
1170000000
22000000
4000000
424087000000
378104000000
31772000000
14211000000
11611000000
2389000000
1847000000
7374000000
412477000000
375715000000
29925000000
6837000000
1532000000
13000000
321000000
1197000000
10079000000
2376000000
1526000000
6177000000
214522000000
183503000000
22953000000
8066000000
4593000000
503000000
714000000
3375000000
209929000000
183000000000
22239000000
4690000000
91086000000
81619000000
6995000000
2472000000
3049000000
1097000000
620000000
1332000000
88037000000
80522000000
6375000000
1140000000
39058000000
34105000000
3234000000
1719000000
1641000000
167000000
314000000
1160000000
37416000000
33938000000
2920000000
559000000
43151000000
36237000000
4738000000
2176000000
1976000000
319000000
377000000
1280000000
41175000000
35918000000
4362000000
896000000
1094000000
1069000000
15000000
11000000
10000000
0
1000000
8000000
1085000000
1068000000
14000000
2000000
388912000000
336533000000
37935000000
14444000000
11269000000
2087000000
2026000000
7156000000
377643000000
334446000000
35909000000
7287000000
1665000000
15000000
471000000
1179000000
9604000000
2072000000
1555000000
5977000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by counterparty of the maximum credit risk exposure, the accumulated allowances recorded, as well as the carrying amount by stages of loans and advances to customers as of December 31, 2025, 2024 and 2023 is shown below:</span></div><div style="margin-bottom:12pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:14.468%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.638%"></td><td style="width:0.1%"></td></tr><tr><td colspan="45" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross exposure</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated allowances</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net amount</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,924</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,829</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">77</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,905</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,820</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">75</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,547</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,435</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">101</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(25)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,522</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,419</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">221,504</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">204,454</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,932</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,118</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,113)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(591)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(561)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,961)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">217,390</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">203,862</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,371</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,157</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">201,723</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173,907</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,617</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,199</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8,140)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,808)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,324)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5,008)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">193,583</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">172,100</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,293</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,190</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">472,697</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">427,625</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,727</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,346</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(12,297)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,424)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,887)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,985)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">460,401</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">425,200</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">28,840</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,361</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:14.748%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.637%"></td><td style="width:0.1%"></td></tr><tr><td colspan="45" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross exposure</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated allowances</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net amount</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,133</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,982</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,111</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,974</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">118</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,524</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,040</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">471</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,497</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,027</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">467</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">197,521</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179,727</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,780</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,014</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,134)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(639)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(636)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,859)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">193,386</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179,087</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,143</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,156</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">186,910</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">159,355</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,396</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,158</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,427)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,729)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,199)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,499)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179,483</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">157,627</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,197</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,659</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">424,087</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">378,104</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,772</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,211</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,611)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,389)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,847)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,374)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">412,477</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">375,715</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">29,925</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,837</span></td></tr></table></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:14.511%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.362%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.791%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.362%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.651%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.659%"></td><td style="width:0.1%"></td></tr><tr><td colspan="45" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross exposure</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated allowances</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net amount</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,294</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,105</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">164</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(29)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,265</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,096</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">152</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,271</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,072</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">187</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,251</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,062</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">183</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">175,337</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">154,519</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,299</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,520</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,274)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(517)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(795)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,962)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171,063</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">154,002</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,503</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,558</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">177,009</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">145,837</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,286</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,886</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6,946)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,552)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,214)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,180)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">170,063</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">144,285</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,071</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,706</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">388,912</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">336,533</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">37,935</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,444</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,269)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,087)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,026)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,156)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">377,643</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">334,446</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">35,909</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,287</span></td></tr></table></div>
25924000000
25829000000
77000000
18000000
18000000
9000000
2000000
8000000
25905000000
25820000000
75000000
10000000
23547000000
23435000000
101000000
11000000
25000000
16000000
1000000
7000000
23522000000
23419000000
100000000
3000000
221504000000
204454000000
11932000000
5118000000
4113000000
591000000
561000000
2961000000
217390000000
203862000000
11371000000
2157000000
201723000000
173907000000
18617000000
9199000000
8140000000
1808000000
1324000000
5008000000
193583000000
172100000000
17293000000
4190000000
472697000000
427625000000
30727000000
14346000000
12297000000
2424000000
1887000000
7985000000
460401000000
425200000000
28840000000
6361000000
22133000000
21982000000
125000000
26000000
23000000
8000000
7000000
8000000
22111000000
21974000000
118000000
18000000
17524000000
17040000000
471000000
12000000
26000000
13000000
5000000
9000000
17497000000
17027000000
467000000
4000000
197521000000
179727000000
12780000000
5014000000
4134000000
639000000
636000000
2859000000
193386000000
179087000000
12143000000
2156000000
186910000000
159355000000
18396000000
9158000000
7427000000
1729000000
1199000000
4499000000
179483000000
157627000000
17197000000
4659000000
424087000000
378104000000
31772000000
14211000000
11611000000
2389000000
1847000000
7374000000
412477000000
375715000000
29925000000
6837000000
23294000000
23105000000
164000000
25000000
29000000
9000000
12000000
7000000
23265000000
23096000000
152000000
18000000
13271000000
13072000000
187000000
12000000
20000000
9000000
4000000
7000000
13251000000
13062000000
183000000
6000000
175337000000
154519000000
15299000000
5520000000
4274000000
517000000
795000000
2962000000
171063000000
154002000000
14503000000
2558000000
177009000000
145837000000
22286000000
8886000000
6946000000
1552000000
1214000000
4180000000
170063000000
144285000000
21071000000
4706000000
388912000000
336533000000
37935000000
14444000000
11269000000
2087000000
2026000000
7156000000
377643000000
334446000000
35909000000
7287000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by type of counterparty and product, net of loss allowances, and the gross carrying amount by type of counterparty as of December 31, 2025, 2024 and 2023 is shown below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:23.444%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.577%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.577%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.020%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Central banks</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">General governments</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Households</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On demand and short notice</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,424</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,735</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,192</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,479</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit card debt</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,585</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,061</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,651</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,113</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commercial debtors</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,019</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">135</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,600</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,541</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">131</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,426</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,723</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">162</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,166</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">263</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,610</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,862</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">181</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,120</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">563</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,864</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,865</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other term loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,141</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,871</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,418</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,027</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">168,758</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">162,253</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">392,469</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">401,489</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advances that are not loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">727</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">665</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,704</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,286</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,530</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">380</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,292</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,342</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,869</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">25,907</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,377</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">23,522</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">218,004</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">193,824</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">496,503</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">508,872</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By secured loans</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: mortgage loans collateralized by immovable property</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">213</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">889</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">31,091</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">102,431</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">134,624</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">137,107</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: other collateralized loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,530</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,628</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">624</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11,963</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,970</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">30,715</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">30,955</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By purpose of the loan</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: credit for consumption</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">74,965</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">74,965</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">80,560</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: lending for house purchase</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">103,397</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">103,397</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">104,890</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By subordination</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: project finance loans</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,579</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,579</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,663</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:23.444%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.577%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.577%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.020%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Central banks</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">General governments</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Households</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On demand and short notice</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,140</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,099</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,307</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,521</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit card debt</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,268</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,449</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,721</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,669</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commercial debtors</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,077</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,244</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,247</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,764</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,023</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,672</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">270</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,125</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,364</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">219</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,157</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,420</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,422</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other term loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,803</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,519</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,529</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,771</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">148,167</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">151,313</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">347,102</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">356,002</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advances that are not loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">452</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,960</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,365</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,084</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">353</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,330</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,397</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,255</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,111</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,719</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,497</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">193,579</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">179,610</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">443,769</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">455,399</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By secured loans</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: mortgage loans collateralized by immovable property</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">245</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">680</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29,307</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">97,627</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">127,860</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">130,633</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: other collateralized loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,059</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,628</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">530</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,996</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,648</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29,861</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">30,129</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By purpose of the loan</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: credit for consumption</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">67,446</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">67,446</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">72,447</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: lending for house purchase</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">98,570</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">98,570</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">100,218</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By subordination</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: project finance loans</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,669</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,669</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,901</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:23.444%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.577%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.577%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.020%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Central banks</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">General governments</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Households</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On demand and short notice</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,933</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,028</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,040</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,175</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit card debt</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,927</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,959</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,890</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,454</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commercial debtors</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">960</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">586</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,462</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,171</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,346</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">225</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,940</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">285</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,463</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,714</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,345</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,786</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,223</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,234</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other term loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,878</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,662</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,329</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,300</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">134,024</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">147,491</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">322,683</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">331,813</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advances that are not loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">927</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">412</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,312</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,186</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">956</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">324</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,116</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,164</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,151</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">23,265</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,502</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,251</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">171,241</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">170,175</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">402,586</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">413,901</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By secured loans</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: mortgage loans collateralized by immovable property</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">271</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">526</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">24,829</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">96,772</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">122,397</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">125,328</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: other collateralized loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,347</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,933</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,558</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">465</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,938</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,430</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">26,671</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">26,963</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By purpose of the loan</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: credit for consumption</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">59,892</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">59,892</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">64,303</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: lending for house purchase</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">97,555</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">97,555</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">99,224</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">By subordination</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: project finance loans</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,181</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,181</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,743</span></div></td></tr></table></div>
0
9000000
0
24000000
3424000000
2735000000
6192000000
6479000000
1000000
0
4000000
2585000000
28061000000
30651000000
33113000000
1019000000
135000000
1600000000
31541000000
131000000
34426000000
34723000000
0
162000000
0
18000000
10166000000
263000000
10610000000
10862000000
0
181000000
8120000000
563000000
0
0
8864000000
8865000000
10141000000
23871000000
10418000000
17027000000
168758000000
162253000000
392469000000
401489000000
727000000
665000000
5704000000
4286000000
1530000000
380000000
13292000000
13342000000
10869000000
25907000000
24377000000
23522000000
218004000000
193824000000
496503000000
508872000000
213000000
0
889000000
31091000000
102431000000
134624000000
137107000000
0
6530000000
8628000000
624000000
11963000000
2970000000
30715000000
30955000000
74965000000
74965000000
80560000000
103397000000
103397000000
104890000000
5579000000
5579000000
5663000000
0
8000000
0
59000000
3140000000
2099000000
5307000000
5521000000
0
1000000
0
3000000
2268000000
25449000000
27721000000
29669000000
1077000000
71000000
1244000000
29247000000
125000000
31764000000
32023000000
0
171000000
0
11000000
9672000000
270000000
10125000000
10364000000
0
219000000
9157000000
44000000
0
0
9420000000
9422000000
7803000000
20519000000
7529000000
11771000000
148167000000
151313000000
347102000000
356002000000
452000000
117000000
5960000000
4365000000
1084000000
353000000
12330000000
12397000000
8255000000
22111000000
22719000000
17497000000
193579000000
179610000000
443769000000
455399000000
245000000
0
680000000
29307000000
97627000000
127860000000
130633000000
0
6059000000
9628000000
530000000
10996000000
2648000000
29861000000
30129000000
67446000000
67446000000
72447000000
98570000000
98570000000
100218000000
6669000000
6669000000
6901000000
0
6000000
0
73000000
1933000000
1028000000
3040000000
3175000000
0
1000000
0
2000000
1927000000
20959000000
22890000000
24454000000
960000000
76000000
586000000
23462000000
88000000
25171000000
25346000000
0
225000000
0
12000000
8940000000
285000000
9463000000
9714000000
1345000000
0
5786000000
92000000
0
0
7223000000
7234000000
4878000000
21662000000
5329000000
9300000000
134024000000
147491000000
322683000000
331813000000
927000000
412000000
6312000000
3186000000
956000000
324000000
12116000000
12164000000
7151000000
23265000000
17502000000
13251000000
171241000000
170175000000
402586000000
413901000000
271000000
0
526000000
24829000000
96772000000
122397000000
125328000000
1347000000
6933000000
4558000000
465000000
10938000000
2430000000
26671000000
26963000000
59892000000
59892000000
64303000000
97555000000
97555000000
99224000000
7181000000
7181000000
7743000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The disclosure of impaired loans and advances at amortized cost covered by collateral (see Note 7.2.5), shown by type of collateral, as of December 31, 2025, 2024 and 2023, is the following: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:21.200%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.590%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.106%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">IMPAIRED LOANS AND ADVANCES AT AMORTIZED COST COVERED BY COLLATERAL (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Maximum exposure to credit risk</span></div></td><td colspan="15" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Of which secured by collateral</span></div></td></tr><tr style="height:21pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Residential properties</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Commercial properties</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Others</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">December 2025</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,346</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,496</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">495</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">907</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">December 2024</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,213</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,889</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">573</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,153</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">December 2023</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,446</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,167</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">771</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,226</span></div></td></tr></table></div>
14346000000
2496000000
495000000
7000000
83000000
907000000
14213000000
2889000000
573000000
8000000
91000000
1153000000
14446000000
3167000000
771000000
5000000
91000000
1226000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The value of guarantees received as of December 31, 2025, 2024 and 2023, is the following:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GUARANTEES RECEIVED (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Value of collateral</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">151,746</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">144,844</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">136,141</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: guarantees normal risks under special monitoring</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11,626</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11,318</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,274</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: guarantees non-performing risks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,081</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,562</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,035</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Value of other guarantees</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">65,944</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">56,589</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">53,462</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: guarantees normal risks under special monitoring</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,999</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,273</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,864</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: guarantees non-performing risks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">907</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,153</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,226</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total value of guarantees received</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">217,690</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">201,433</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">189,602</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div>
151746000000
144844000000
136141000000
11626000000
11318000000
14274000000
3081000000
3562000000
4035000000
65944000000
56589000000
53462000000
3999000000
4273000000
4864000000
907000000
1153000000
1226000000
217690000000
201433000000
189602000000
<div style="margin-bottom:3pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.803%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.106%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PROBABILITY OF DEFAULT (BASIS POINTS) AND INTERNAL RATING</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subject to 12 month ECL (stage 1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subject to lifetime ECL (stage 2)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subject to 12 month ECL (stage 1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subject to lifetime ECL (stage 2)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subject to 12 month ECL (stage 1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subject to lifetime ECL (stage 2)</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Internal rating</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PDs</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AAA</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0 to 2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.8</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AA+ to AA-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2 to 5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.0</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A+ to A-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5 to 11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19.1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17.1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25.4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBB+ to BBB-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11 to 39</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24.6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.3</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BB+ to BB-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39 to 194</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21.2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20.6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.1</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">B+ to B-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">194 to 1,061</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.2</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">CCC+ to CCC-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,061 to 2,121</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.0</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.6</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">CC+ to C</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">> 2,121</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.9</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.8</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">95.1</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4.9</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">94.5</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5.5</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">92.4</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.6</span></td></tr></table></div>
0.052
0
0.032
0
0.038
0
0.138
0
0.090
0
0.107
0.002
0.191
0.001
0.171
0
0.254
0.005
0.246
0.005
0.297
0.006
0.217
0.013
0.212
0.014
0.235
0.017
0.206
0.021
0.095
0.017
0.102
0.016
0.087
0.022
0.011
0.007
0.012
0.005
0.010
0.006
0.005
0.006
0.007
0.009
0.005
0.008
0.951
0.049
0.945
0.055
0.924
0.076
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of loans and advances within financial assets at amortized cost by type of counterparty, including their respective gross carrying amount, impaired amount and accumulated impairment as of December 31, 2025, 2024 and 2023 is as follows:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:57.186%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.806%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impaired loans and advances</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated impairment </span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,881</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,924</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,263</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,547</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(25)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">221,504</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,118</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,113)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">201,723</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,199</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8,140)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">507,842</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,346</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(12,329)</span></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:1pt;margin-top:1pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:57.186%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.806%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impaired loans and advances</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated impairment </span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,261</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,133</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,668</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,524</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">197,521</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,014</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,134)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">186,910</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,158</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,427)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">455,016</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,213</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,630)</span></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:1pt;margin-top:1pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:57.186%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.806%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2023 (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross carrying amount</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impaired loans and advances</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated impairment </span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,176</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(25)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,294</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(29)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,498</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(21)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,271</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">175,337</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,520</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,274)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">177,009</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,886</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6,946)</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">413,585</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,446</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,316)</span></td><td colspan="3" style="display:none"></td></tr></table></div>
10881000000
0
-12000000
25924000000
18000000
-18000000
24263000000
0
-20000000
23547000000
11000000
-25000000
221504000000
5118000000
-4113000000
201723000000
9199000000
-8140000000
507842000000
14346000000
12329000000
8261000000
0
-6000000
22133000000
26000000
-23000000
22668000000
2000000
-13000000
17524000000
12000000
-26000000
197521000000
5014000000
-4134000000
186910000000
9158000000
-7427000000
455016000000
14213000000
11630000000
7176000000
0
-25000000
23294000000
25000000
-29000000
17498000000
2000000
-21000000
13271000000
12000000
-20000000
175337000000
5520000000
-4274000000
177009000000
8886000000
-6946000000
413585000000
14446000000
11316000000
<div style="margin-bottom:10pt;margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes during the years 2025, 2024 and 2023 of impaired financial assets and guarantees given are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:57.592%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.669%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.669%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.670%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CHANGES IN IMPAIRED FINANCIAL ASSETS AND GUARANTEES GIVEN (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,891</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,362</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,521</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,143</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,255</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,066</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Decreases</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6,893)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7,346)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5,795)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net additions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,250</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,909</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,272</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amounts written-off</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,534)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,559)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,770)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,708)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(820)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(660)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,900</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,891</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,362</span></td></tr></table><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Reflects the total amount of impaired loans and advances derecognized from the consolidated balance sheet throughout the period as a result of monetary recoveries as well as mortgage foreclosures and real estate assets received in lieu of payment.</span></div>
14891000000
15362000000
14521000000
13143000000
12255000000
11066000000
-6893000000
-7346000000
-5795000000
6250000000
4909000000
5272000000
4534000000
4559000000
3770000000
-1708000000
-820000000
-660000000
14900000000
14891000000
15362000000
<div style="margin-bottom:10pt;margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes during the years </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:14.00pt">2025, 2024 and 2023 in financial assets derecognized from the consolidated balance sheet as their recovery is considered unlikely ("write-offs"), is shown below:</span></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> </span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.791%"><tr><td style="width:1.0%"></td><td style="width:49.538%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.134%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.942%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.942%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.944%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CHANGES IN IMPAIRED FINANCIAL ASSETS WRITTEN-OFF FROM THE BALANCE SHEET (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning </span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">25,343</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,787</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,595</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Increase</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,973</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,547</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,841</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Decrease:</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,199)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,801)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,035)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Re-financing or restructuring</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Cash recovery</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">47</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(396)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(403)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(369)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Foreclosed assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Sales </span><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,831)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,719)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,201)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Debt forgiveness</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(717)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(669)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(410)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Time-barred debt and other causes </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(251)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(51)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net exchange differences</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(138)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(189)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">385</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,978</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">25,343</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,787</span></td></tr></table><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> </span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Includes principal and interest.</span></div>
25343000000
24787000000
22595000000
0
0
0
3973000000
3547000000
3841000000
-4199000000
-2801000000
-2035000000
-1000000
-1000000
-1000000
-396000000
-403000000
-369000000
-2000000
-1000000
-3000000
-2831000000
-1719000000
-1201000000
-717000000
-669000000
-410000000
-251000000
-8000000
-51000000
-138000000
-189000000
385000000
24978000000
25343000000
24787000000
<div style="margin-bottom:12pt;margin-top:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Movements, measured over a 12-month period, in gross accounting balances and accumulated loss allowances during 2025, 2024 and 2023 are recorded on the consolidated balance sheet as of December 31, 2025, 2024 and 2023 in order to cover the estimated impairment or reversal of impairment on loans and advances at fair value with changes through other comprehensive income and in loans and advances at amortized cost:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:35.978%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.632%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CHANGES IN GROSS CARRYING AMOUNT OF LOANS AND ADVANCES AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME AND AT AMORTIZED COST. YEAR 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">409,023</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,780</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,213</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">455,016</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers of financial assets:</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6,114)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,337</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,777</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 1 to stage 2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(11,473)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11,473</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 2 to stage 1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,746</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(6,746)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">to stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,784)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,704)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,488</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,397</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,314</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,711)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net annual origination of financial assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71,144</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,835)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,025</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70,335</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Becoming write-offs</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(428)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(104)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,634)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,165)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Changes in model / methodology</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign exchange</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,291)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,310)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(394)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12,996)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Modifications that do not result in derecognition</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">133</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">180</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">290</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">450</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(754)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">180</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(124)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">462,761</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,248</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,346</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">508,355</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:35.978%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.632%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CHANGES IN GROSS CARRYING AMOUNT OF LOANS AND ADVANCES AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME AND AT AMORTIZED COST. YEAR 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">361,186</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">37,953</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,446</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">413,585</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers of financial assets:</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4,032)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,625</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,407</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 1 to stage 2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(11,840)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11,840</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 2 to stage 1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,830</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(9,830)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">to stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,260)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,949)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,208</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,238</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,564</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,801)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net annual origination of financial assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64,222</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6,378)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,108</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,952</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Becoming write-offs</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(333)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(112)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,149)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,594)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign exchange</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13,508)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,137)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(557)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15,203)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Modifications that do not result in derecognition</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">78</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">144</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,460</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(250)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(78)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,131</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">409,023</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,780</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,213</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">455,016</span></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:36.066%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.608%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.608%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.608%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.610%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CHANGES IN GROSS CARRYING AMOUNT OF LOANS AND ADVANCES AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME AND AT AMORTIZED COST. YEAR 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">341,944</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33,636</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,493</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">389,073</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers of financial assets:</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,647)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,463</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,184</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 1 to stage 2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(18,172)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18,172</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 2 to stage 1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,639</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(7,639)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">to stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,203)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,297)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,500</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,089</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,226</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(4,316)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net annual origination of financial assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,334</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5,233)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,663</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,764</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Becoming write-offs</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(186)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(76)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,889)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,150)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign exchange</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,833)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(635)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(369)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,838)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Modifications that do not result in derecognition</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(60)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">476</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">401</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(365)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(187)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(112)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(665)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">361,186</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">37,953</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,446</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">413,585</span></td></tr></table></div>
409023000000
31780000000
14213000000
455016000000
-6114000000
4337000000
1777000000
0
-11473000000
11473000000
0
0
6746000000
-6746000000
0
0
-2784000000
-1704000000
4488000000
0
1397000000
1314000000
-2711000000
0
71144000000
-2835000000
2025000000
70335000000
-428000000
-104000000
-3634000000
-4165000000
0
0
0
0
-11291000000
-1310000000
-394000000
-12996000000
-23000000
133000000
180000000
290000000
450000000
-754000000
180000000
-124000000
462761000000
31248000000
14346000000
508355000000
<div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:35.890%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.652%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.652%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.652%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.654%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CHANGES IN ALLOWANCES OF LOANS AND ADVANCES AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME AND AT AMORTIZED COST. YEAR 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,406)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,848)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,375)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,630)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers of financial assets:</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">157</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(349)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,498)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,690)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 1 to stage 2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">117</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(870)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(753)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 2 to stage 1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(60)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">320</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">260</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">to stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">109</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">282</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(4,030)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,639)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(81)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">532</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">442</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net annual origination of allowances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(864)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(254)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(455)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,573)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Becoming write-offs</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">413</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,283</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,796</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Changes in model / methodology</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign exchange</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">204</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">446</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">737</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Modifications that do not result in derecognition</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(515)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(525)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">158</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">207</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">493</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,455)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,953)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,985)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(12,394)</span></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:35.978%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.632%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CHANGES IN ALLOWANCES OF LOANS AND ADVANCES AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME AND AT AMORTIZED COST. YEAR 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,131)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,026)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,158)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,316)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers of financial assets:</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(370)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,766)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,031)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 1 to stage 2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">103</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(697)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(594)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 2 to stage 1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(53)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">327</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">275</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">to stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">93</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">146</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,498)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,259)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(38)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(146)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">732</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">548</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net annual origination of allowances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,059)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,125)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,174)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Becoming write-offs</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">321</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,909</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,337</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign exchange</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">325</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">213</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,075</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,613</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Modifications that do not result in derecognition</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(342)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(304)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">183</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">246</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,406)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,848)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,375)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,630)</span></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:35.978%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.630%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.632%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CHANGES IN ALLOWANCES OF LOANS AND ADVANCES AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME AND AT AMORTIZED COST. YEAR 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 1</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 2</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stage 3</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,065)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,942)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,284)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,291)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers of financial assets:</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(336)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,527)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,790)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 1 to stage 2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">118</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(681)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(563)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 2 to stage 1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(113)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">323</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">210</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">to stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">81</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">120</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,935)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,734)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">from stage 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(97)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">408</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">297</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net annual origination of allowances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(466)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(148)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(232)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(846)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Becoming write-offs</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">147</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,853</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,071</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign exchange</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(52)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">169</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">160</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Modifications that do not result in derecognition</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(304)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(252)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">229</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">235</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">631</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,131)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,026)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,158)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11,316)</span></td></tr></table></div>
-2406000000
-1848000000
-7375000000
-11630000000
157000000
-349000000
-3498000000
-3690000000
117000000
-870000000
0
-753000000
-60000000
320000000
0
260000000
109000000
282000000
-4030000000
-3639000000
-9000000
-81000000
532000000
442000000
-864000000
-254000000
-455000000
-1573000000
413000000
100000000
3283000000
3796000000
0
0
0
0
86000000
204000000
446000000
737000000
2000000
-13000000
-515000000
-525000000
158000000
207000000
128000000
493000000
-2455000000
-1953000000
-7985000000
-12394000000
6073000000
5745000000
4428000000
361186000000
37953000000
14446000000
413585000000
-4032000000
1625000000
2407000000
0
-11840000000
11840000000
0
0
9830000000
-9830000000
0
0
-3260000000
-1949000000
5208000000
0
1238000000
1564000000
-2801000000
0
64222000000
-6378000000
1108000000
58952000000
-333000000
-112000000
-3149000000
-3594000000
-13508000000
-1137000000
-557000000
-15203000000
29000000
78000000
36000000
144000000
1460000000
-250000000
-78000000
1131000000
409023000000
31780000000
14213000000
455016000000
-2131000000
-2026000000
-7158000000
-11316000000
105000000
-370000000
-2766000000
-3031000000
103000000
-697000000
0
-594000000
-53000000
327000000
0
275000000
93000000
146000000
-3498000000
-3259000000
-38000000
-146000000
732000000
548000000
-1059000000
10000000
-1125000000
-2174000000
321000000
107000000
2909000000
3337000000
325000000
213000000
1075000000
1613000000
3000000
35000000
-342000000
-304000000
30000000
183000000
33000000
246000000
-2406000000
-1848000000
-7375000000
-11630000000
341944000000
33636000000
13493000000
389073000000
-11647000000
10463000000
1184000000
0
-18172000000
18172000000
0
0
7639000000
-7639000000
0
0
-3203000000
-2297000000
5500000000
0
2089000000
2226000000
-4316000000
0
34334000000
-5233000000
2663000000
31764000000
-186000000
-76000000
-2889000000
-3150000000
-2833000000
-635000000
-369000000
-3838000000
-60000000
-16000000
476000000
401000000
-365000000
-187000000
-112000000
-665000000
361186000000
37953000000
14446000000
413585000000
-2065000000
-1942000000
-7284000000
-11291000000
73000000
-336000000
-2527000000
-2790000000
118000000
-681000000
0
-563000000
-113000000
323000000
0
210000000
81000000
120000000
-2935000000
-2734000000
-13000000
-97000000
408000000
297000000
-466000000
-148000000
-232000000
-846000000
147000000
71000000
2853000000
3071000000
-52000000
44000000
169000000
160000000
3000000
49000000
-304000000
-252000000
229000000
235000000
167000000
631000000
-2131000000
-2026000000
-7158000000
-11316000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The tables below shows the profile of average structural interest rate risk and credit spread risk of the fixed income portfolio in the banking book classified as "Financial assets at fair value through other comprehensive income" in terms of sensitivities of the main currencies for the BBVA Group in 2025 and 2024:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:20.388%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.489%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.489%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.489%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.489%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.495%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SENSITIVITY TO INTEREST RATE AND CREDIT SPREAD ANALYSIS. YEAR 2025</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Interest rate risk</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> Credit spread</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impact on net interest income</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impact on economic value</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impact on economic value</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point increase</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point decrease</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point increase</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point decrease</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point increase</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Euro</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-2.5% , -1.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[1.5% , 2.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexican peso</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">U.S. dollar</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkish lira</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Group</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[1.5% , 2.5%]</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[-2.5% , -1.5%]</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[-4.5% , -3.5%]</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[2.5% , 3.5%]</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[-1.5% , -0.5%]</span></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Percentage of "12 months" net interest income for the BBVA Group.</span></div><div style="padding-left:9pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Percentage of CET1 December 2025 (Fully Loaded) for BBVA Group.</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:19.797%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.608%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.608%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.608%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.608%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.610%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SENSITIVITY TO INTEREST RATE AND CREDIT SPREAD ANALYSIS. YEAR 2024</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;border-bottom:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Interest rate risk</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> Credit spread</span></div></td></tr><tr style="height:21pt"><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impact on net interest income</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impact on economic value</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impact on economic value</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td></tr><tr style="height:21pt"><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point increase</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point decrease</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> </span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point increase</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point decrease</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100 basis point increase</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Euro</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-2.5% , -1.5%]</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexican peso</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">U.S. dollar</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[0.5% , 1.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-1.5% , -0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkish lira</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">[-0.5% , 0.5%]</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Group</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[1.5% , 2.5%]</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[-3.5% , -2.5%]</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[-3.5% , -2.5%]</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[2.5% , 3.5%]</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">[-1.5% , -0.5%]</span></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Percentage of "12 months" net interest income for the BBVA Group.</span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Percentage of CET1 December 2024 (Fully Loaded) for BBVA Group.</span></div>
[0.5% , 1.5%]
[-1.5% , -0.5%]
[-2.5% , -1.5%]
[1.5% , 2.5%]
[-1.5% , -0.5%]
[0.5% , 1.5%]
[-1.5% , -0.5%]
[-1.5% , -0.5%]
[0.5% , 1.5%]
[-0.5% , 0.5%]
[0.5% , 1.5%]
[-1.5% , -0.5%]
[0.5% , 1.5%]
[-1.5% , -0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[1.5% , 2.5%]
[-2.5% , -1.5%]
[-4.5% , -3.5%]
[2.5% , 3.5%]
[-1.5% , -0.5%]
[0.5% , 1.5%]
[-1.5% , -0.5%]
[-2.5% , -1.5%]
[0.5% , 1.5%]
[-1.5% , -0.5%]
[0.5% , 1.5%]
[-1.5% , -0.5%]
[-1.5% , -0.5%]
[0.5% , 1.5%]
[-0.5% , 0.5%]
[0.5% , 1.5%]
[-1.5% , -0.5%]
[0.5% , 1.5%]
[-1.5% , -0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[-0.5% , 0.5%]
[1.5% , 2.5%]
[-3.5% , -2.5%]
[-3.5% , -2.5%]
[2.5% , 3.5%]
[-1.5% , -0.5%]
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For the years 2025, 2024 and 2023, the estimated sensitivities (in absolute terms) of the result attributable to the parent company are shown below, taking into account the coverage, against depreciations and appreciations of 1% of the average rate in the main currencies. To the extent that hedging positions are periodically modulated, the sensitivity estimate attempts to reflect an average (or effective) sensitivity in the year:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:42.860%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.579%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.579%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.582%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SENSITIVITY TO 1% CHANGE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Currency</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexican peso</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.4</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27.8</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25.8</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkish lira</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.4</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Peruvian sol</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.9</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chilean peso</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Colombian peso</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.0</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Argentine peso</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.3</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">U.S. dollar </span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.3</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.3</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2</span></div></td></tr></table></div>
11400000
27800000
25800000
4300000
3300000
4400000
1700000
1400000
900000
400000
200000
200000
700000
400000
1000000.0
1300000
1800000
1300000
3300000
300000
200000
33000000
44000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023 the VaR was €29 million, €34 million and €36 million, respectively, with the following breakdown:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:21.262%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.136%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.136%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.667%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.577%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">VaR BY RISK FACTOR (MILLIONS OF EUROS) ⁽¹⁾</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Interest/Spread risk</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Currency risk</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Stock-market risk</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Vega/Correlation risk</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Diversification effect ⁽²⁾</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR average in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR max in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR min in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(21)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">End of period VaR</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">34</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(20)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">29</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR average in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR max in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR min in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">End of period VaR</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">37</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(14)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">34</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR average in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(22)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR max in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(33)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">VaR min in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">End of period VaR</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">41</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(23)</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">36</span></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) The maximum and minimum VaR figures show the VaR figures for the day on which said maximum and minimum VaRs occurred in the relevant year, by type of risk.</span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) The diversification effect is the difference between the sum of the average individual risk factors and the total VaR figure that includes the implied correlation between all the variables and scenarios used in the measurement.</span></div>
29000000
34000000
36000000
39000000
8000000
1000000
5000000
-20000000
33000000
45000000
12000000
1000000
4000000
-19000000
44000000
33000000
6000000
1000000
5000000
-21000000
24000000
34000000
9000000
1000000
5000000
-20000000
29000000
41000000
7000000
2000000
6000000
-20000000
37000000
55000000
10000000
2000000
7000000
-23000000
50000000
33000000
7000000
2000000
6000000
-19000000
28000000
37000000
5000000
2000000
4000000
-14000000
34000000
36000000
8000000
2000000
7000000
-22000000
31000000
43000000
6000000
17000000
8000000
-33000000
42000000
23000000
9000000
0
9000000
-23000000
19000000
41000000
6000000
4000000
8000000
-23000000
36000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The impact of the stress test under multivariable simulation of the risk factors of the portfolio based on the expected shortfall (expected shortfall calculated at a 97.5% confidence level, 20 days) as of December 31, 2025 is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:21.231%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.995%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.995%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.995%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.995%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.995%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.995%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.999%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">IMPACT OF THE STRESS TEST (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Europe</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Peru</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Venezuela</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Argentina</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Expected shortfall</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(129)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(66)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(39)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td></tr></table></div>
-129000000
-66000000
-17000000
0
-39000000
-4000000
-17000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A summary of the effect of offsetting (via netting and collateral) for derivatives and securities operations is presented below as of December 31, 2025, 2024 and 2023:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:28.072%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.986%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">EFFECT OF OFFSETTING FOR DERIVATIVES AND SECURITIES OPERATION (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross amounts not offset in the consolidated balance sheets </span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross amounts recognized (A)</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross amounts offset in the consolidated balance sheets (B)</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net amount presented in the consolidated balance sheets </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(C=A-B)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial instruments</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash collateral received/ pledged</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net amount ⁽¹⁾ </span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading and hedging derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10 / 15</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,930</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,809</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,122</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,478</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,075</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">569</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase, securities borrowing and similar agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80,537</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,459</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,078</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,949</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">129</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total assets</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">121,468</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,268</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">89,199</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">77,427</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,075</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">698</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading and hedging derivatives</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10 / 15</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,087</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,809</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,278</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,478</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,739</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,061</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Repurchase, securities lending and similar agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">103,538</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,459</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">79,079</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">78,887</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total liabilities</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">143,626</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,268</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">111,357</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100,365</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,931</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,061</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2024</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading and hedging derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10 / 15</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45,523</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,362</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,161</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,446</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,566</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">148</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase, securities borrowing and similar agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65,401</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,397</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,005</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45,959</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total assets</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">110,924</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27,759</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">83,165</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">73,405</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,566</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">194</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading and hedging derivatives</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10 / 15</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,924</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,362</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,562</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,446</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,658</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">458</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Repurchase, securities lending and similar agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">87,893</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,397</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">68,497</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">68,497</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total liabilities</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">131,818</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27,759</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">104,059</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">95,943</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,658</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">458</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2023</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading and hedging derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10 / 15</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,641</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,866</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,775</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,171</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,532</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,072</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase, securities borrowing and similar agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80,227</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80,227</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">79,980</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">248</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total assets</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">124,869</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,866</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">116,003</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">105,151</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,532</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,320</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading and hedging derivatives</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10 / 15</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,536</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,866</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,670</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,354</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,013</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,303</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Repurchase, securities lending and similar agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104,920</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104,920</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104,920</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total liabilities</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">149,456</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,866</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">140,590</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">132,274</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,013</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,303</span></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) It corresponds to the aggregation of the net amounts presented in the balance sheet, less the gross amount which is not offset in the balance sheet, corresponding to each Group entity that records a deficit in this regard.</span></div>
40930000000
7809000000
33122000000
21478000000
11075000000
569000000
80537000000
24459000000
56078000000
55949000000
0
129000000
121468000000
32268000000
89199000000
77427000000
11075000000
698000000
40087000000
7809000000
32278000000
21478000000
8739000000
2061000000
103538000000
24459000000
79079000000
78887000000
192000000
0
143626000000
32268000000
111357000000
100365000000
8931000000
2061000000
45523000000
8362000000
37161000000
27446000000
9566000000
148000000
65401000000
19397000000
46005000000
45959000000
0
46000000
110924000000
27759000000
83165000000
73405000000
9566000000
194000000
43924000000
8362000000
35562000000
27446000000
7658000000
458000000
87893000000
19397000000
68497000000
68497000000
0
0
131818000000
27759000000
104059000000
95943000000
7658000000
458000000
44641000000
8866000000
35775000000
25171000000
9532000000
1072000000
80227000000
0
80227000000
79980000000
0
248000000
124869000000
8866000000
116003000000
105151000000
9532000000
1320000000
44536000000
8866000000
35670000000
27354000000
7013000000
1303000000
104920000000
0
104920000000
104920000000
0
0
149456000000
8866000000
140590000000
132274000000
7013000000
1303000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The performance of the indicators show that the funding structure remained steady during 2025, 2024 and 2023, in the sense that all LMU held self-funding levels with stable customer resources above the requirements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:57.186%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.806%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LtSCD BY LMU</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Group (average)</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">105</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">102</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">99</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA, S.A.</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">101 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Mexico</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">115 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">115 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Garanti BBVA</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">90 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">78 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other LMU</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">103 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div>
1.05
1.02
0.99
1.05
1.01
1
1.15
1.15
1.02
0.92
0.90
0.78
1.03
0.99
1.04
<div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LCR MAIN LMU</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Group </span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">143</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">134</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">149</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA, S.A.</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">162 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">156 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">178 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Mexico</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">161 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">146 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Garanti BBVA</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">159 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">141 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">212 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div>
1.43
1.34
1.49
1.62
1.56
1.78
1.61
1.46
1.92
1.59
1.41
2.12
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The table below shows the liquidity available by instrument as of December 31, 2025, 2024 and 2023 for the most significant entities based on prudential supervisor’s information (Commission Implementing Regulations (EU) 2021/451 of December 17, 2020):</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:20.248%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.782%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.782%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.089%"></td><td style="width:0.1%"></td></tr><tr><td colspan="51" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIQUIDITY AVAILABLE BY INSTRUMENT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA, S.A.</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Garanti BBVA</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash and withdrawable central bank reserves</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,248</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,004</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,931</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,821</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,001</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,712</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,960</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,344</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,899</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,988</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,101</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,921</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Level 1 tradable assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,595</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,199</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,606</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,785</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,783</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,345</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,553</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,402</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,117</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,343</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,749</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,429</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Level 2A tradable assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">623</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">194</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">919</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">182</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">327</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">246</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Level 2B tradable assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,424</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,762</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,916</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">159</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">132</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other tradable assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,405</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,537</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,324</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">748</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">598</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">469</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">943</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">816</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">398</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">586</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">926</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">753</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-tradable assets eligible for central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">651</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cumulated counterbalancing capacity</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">130,946</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">116,706</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">123,696</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">29,707</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">21,869</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,903</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">19,456</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,562</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,414</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18,962</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,806</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,102</span></td></tr></table></div>
25248000000
16004000000
43931000000
9821000000
12001000000
9712000000
12960000000
10344000000
9899000000
6988000000
8101000000
5921000000
57595000000
50199000000
31606000000
18785000000
8783000000
20345000000
5553000000
6402000000
6117000000
11343000000
8749000000
8429000000
623000000
194000000
919000000
182000000
327000000
246000000
0
0
0
32000000
0
0
4424000000
3762000000
2916000000
171000000
159000000
132000000
0
0
0
13000000
31000000
0
42405000000
46537000000
44324000000
748000000
598000000
469000000
943000000
816000000
398000000
586000000
926000000
753000000
651000000
11000000
0
0
0
0
0
0
0
0
0
0
130946000000
116706000000
123696000000
29707000000
21869000000
30903000000
19456000000
17562000000
16414000000
18962000000
17806000000
15102000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The NSFR of BBVA Group and its main LMU as of December 31, 2025, 2024 and 2023, was the following:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:57.186%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.806%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NSFR MAIN LMU</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Group </span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">126</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">127</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">131</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA, S.A.</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">119 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #001391;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">120 </span></div></td><td style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Mexico</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">132 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">131 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">140 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Garanti BBVA</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">144 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">149 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">178 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div>
1.26
1.27
1.31
1.17
1.19
1.20
1.32
1.31
1.40
1.44
1.49
1.78
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below is a matrix of residual maturities by contractual periods based on supervisory prudential reporting as of December 31, 2025, 2024 and 2023:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:26.849%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.203%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.782%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.082%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2025. CONTRACTUAL MATURITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 1 month</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 3 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 6 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6 to 9 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9 to 12 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 2 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2 to 3 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 5 years </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Over 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash, cash balances at central banks and other demand deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,413</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,789</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,202</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits in credit entities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,953</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">868</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,056</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">962</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,430</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">670</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,186</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">112</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,303</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits in other financial institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,505</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,626</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,315</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">846</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">726</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,941</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,654</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,059</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,060</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,732</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repo, securities borrowing and margin lending</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,061</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,418</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,957</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,566</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,707</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,320</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,223</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,933</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">669</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">113</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,967</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,574</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,625</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,638</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,096</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,144</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,496</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,730</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,930</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">114,633</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">417,866</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securities' portfolio settlement</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,598</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,947</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,016</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,451</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,405</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,718</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,361</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,414</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47,407</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">134,317</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:26.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.919%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2025. CONTRACTUAL MATURITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 1 month</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 3 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 6 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6 to 9 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9 to 12 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 2 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2 to 3 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 5 years </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Over 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wholesale funding</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,139</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,481</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,210</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,872</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,653</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,261</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,252</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,584</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,528</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88,980</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from financial institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,151</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,504</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,394</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">775</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">622</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">765</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">936</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">321</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">601</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">550</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,619</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from other financial institutions and international agencies</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,003</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,649</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,606</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,684</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">823</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,065</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,798</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">302</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">361</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">550</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,841</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">345,742</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">67,090</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,358</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,345</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,668</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,638</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,056</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,176</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,062</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">465</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">468,600</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Security pledge funding</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,299</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">89,726</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,794</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,108</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,407</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,047</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,656</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">507</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">288</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">564</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">119,396</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives, net</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">103</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">465</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(87)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">145</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(79)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(807)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:26.428%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.203%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.782%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.503%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2024. CONTRACTUAL MATURITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 1 month</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 3 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 6 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6 to 9 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9 to 12 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 2 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2 to 3 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 5 years </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Over 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash, cash balances at central banks and other demand deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,125</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,087</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,212</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits in credit entities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,246</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">541</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,165</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">647</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">918</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">861</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">351</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,805</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits in other financial institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,677</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,642</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">970</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">929</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,130</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,577</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,526</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,369</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">681</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,502</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repo, securities borrowing and margin lending</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,310</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,594</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,025</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,911</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,138</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,782</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,675</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,008</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">122</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">67,565</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,605</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,547</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,770</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,928</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,715</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,537</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,618</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,469</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105,649</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">375,837</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securities' portfolio settlement</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,861</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,741</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,084</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,531</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,922</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,625</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,053</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,972</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,850</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">127,640</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.211%"><tr><td style="width:1.0%"></td><td style="width:26.018%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.244%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.255%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.538%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.538%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.538%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.538%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.255%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.255%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.255%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.820%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.546%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2024. CONTRACTUAL MATURITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 1 month</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 3 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 6 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6 to 9 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9 to 12 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 2 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2 to 3 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 5 years </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Over 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wholesale funding</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,484</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,816</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,536</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,347</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,685</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,517</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,386</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,530</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,306</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">75,608</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from financial institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,600</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,070</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">476</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">644</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">130</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">732</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">558</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">242</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">570</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">743</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,765</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from other financial institutions and international agencies</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,950</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,247</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,466</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,584</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">922</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">503</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,256</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">477</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">433</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">742</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,581</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">318,252</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,789</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,758</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,580</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,888</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,329</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,055</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">569</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">834</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">787</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">416,841</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Security pledge funding</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74,614</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,093</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,452</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,355</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,157</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,223</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">366</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,454</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">445</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105,159</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives, net</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(388)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(73)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(142)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">142</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">549</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(122)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(87)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(46)</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:26.529%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.498%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2023. CONTRACTUAL MATURITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 1 month</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 3 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 6 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6 to 9 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9 to 12 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 2 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2 to 3 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 5 years </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Over 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash, cash balances at central banks and other demand deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,353</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">61,678</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72,031</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits in credit entities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,676</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">393</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">543</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">594</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">602</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">602</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">136</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,672</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits in other financial institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,288</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,261</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,049</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">385</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">649</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,019</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">965</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">974</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,291</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,882</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repo, securities borrowing and margin lending</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,407</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,683</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,890</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,398</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,596</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,319</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,817</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,133</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">139</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86,382</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,644</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,850</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,239</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,434</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,029</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,267</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,769</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45,116</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104,086</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">346,433</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securities' portfolio settlement</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,167</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,011</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,633</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,578</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,950</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,266</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,016</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,245</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,558</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">118,424</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:26.389%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.779%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2023. CONTRACTUAL MATURITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 1 month</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 3 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 6 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6 to 9 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9 to 12 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 2 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2 to 3 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 5 years </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Over 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wholesale funding</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,187</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,889</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,518</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,935</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,225</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,296</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,990</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,175</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,424</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74,639</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from financial institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,092</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,669</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,076</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">715</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">119</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">605</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">795</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">198</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">695</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,011</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from other financial institutions and international agencies</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,507</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,526</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,806</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,036</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">834</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">841</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,033</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">618</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">695</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">638</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,535</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">304,096</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,745</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,225</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,855</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,905</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,500</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,753</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,029</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">758</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,092</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">390,959</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Security pledge funding</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86,908</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,028</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,107</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,274</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,821</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,630</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,111</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,060</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">677</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">133,615</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives, net</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(21)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(30)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(62)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(267)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(135)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,616)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,009)</span></div></td></tr></table></div>
14413000000
43789000000
0
0
0
0
0
0
0
0
58202000000
0
5953000000
868000000
1056000000
962000000
1430000000
670000000
1186000000
112000000
66000000
12303000000
0
4505000000
1626000000
1315000000
846000000
726000000
2941000000
2654000000
2059000000
2060000000
18732000000
2061000000
51418000000
9957000000
4566000000
1707000000
2320000000
7223000000
1933000000
669000000
113000000
81967000000
0
40574000000
40625000000
30638000000
19096000000
22144000000
49496000000
41730000000
58930000000
114633000000
417866000000
0
4598000000
3947000000
9016000000
4451000000
8405000000
18718000000
8361000000
29414000000
47407000000
134317000000
0
5139000000
4481000000
7210000000
4872000000
7653000000
13261000000
4252000000
9584000000
32528000000
88980000000
3151000000
4504000000
1394000000
775000000
622000000
765000000
936000000
321000000
601000000
550000000
13619000000
8003000000
12649000000
4606000000
1684000000
823000000
1065000000
1798000000
302000000
361000000
550000000
31841000000
345742000000
67090000000
25358000000
13345000000
5668000000
6638000000
2056000000
1176000000
1062000000
465000000
468600000000
1299000000
89726000000
14794000000
5108000000
1407000000
2047000000
3656000000
507000000
288000000
564000000
119396000000
0
58000000
103000000
167000000
465000000
-87000000
145000000
104000000
-79000000
-807000000
69000000
11125000000
38087000000
0
0
0
0
0
0
0
0
49212000000
0
5246000000
541000000
1165000000
647000000
918000000
861000000
351000000
33000000
41000000
9805000000
0
2677000000
1642000000
970000000
929000000
1130000000
1577000000
1526000000
1369000000
681000000
12502000000
0
34310000000
10594000000
5025000000
1911000000
3138000000
5782000000
3675000000
3008000000
122000000
67565000000
0
34605000000
38547000000
29770000000
16928000000
19715000000
44537000000
34618000000
51469000000
105649000000
375837000000
0
2861000000
2741000000
6084000000
2531000000
5922000000
20625000000
20053000000
21972000000
44850000000
127640000000
0
2484000000
4816000000
5536000000
3347000000
3685000000
8517000000
11386000000
7530000000
28306000000
75608000000
2600000000
6070000000
476000000
644000000
130000000
732000000
558000000
242000000
570000000
743000000
12765000000
6950000000
9247000000
2466000000
1584000000
922000000
503000000
1256000000
477000000
433000000
742000000
24581000000
318252000000
50789000000
23758000000
11580000000
3888000000
4329000000
2055000000
569000000
834000000
787000000
416841000000
0
74614000000
14093000000
5452000000
2355000000
4157000000
2223000000
366000000
1454000000
445000000
105159000000
0
-388000000
-73000000
-142000000
70000000
142000000
549000000
-122000000
5000000
-87000000
-46000000
10353000000
61678000000
0
0
0
0
0
0
0
0
72031000000
0
4676000000
393000000
543000000
594000000
602000000
602000000
136000000
24000000
102000000
7672000000
0
1288000000
1261000000
1049000000
385000000
649000000
2019000000
965000000
974000000
1291000000
9882000000
0
42407000000
21683000000
6890000000
3398000000
2596000000
3319000000
3817000000
2133000000
139000000
86382000000
0
28644000000
30850000000
28239000000
16434000000
19029000000
41267000000
32769000000
45116000000
104086000000
346433000000
0
2167000000
6011000000
2633000000
2578000000
11950000000
15266000000
14016000000
29245000000
34558000000
118424000000
0
1187000000
3889000000
8518000000
4935000000
4225000000
10296000000
7990000000
11175000000
22424000000
74639000000
2092000000
3669000000
1076000000
715000000
119000000
605000000
795000000
46000000
198000000
695000000
10011000000
8507000000
5526000000
2806000000
1036000000
834000000
841000000
1033000000
618000000
695000000
638000000
22535000000
304096000000
44745000000
16225000000
11855000000
3905000000
5500000000
1753000000
1029000000
758000000
1092000000
390959000000
0
86908000000
30028000000
6107000000
2274000000
1821000000
2630000000
1111000000
2060000000
677000000
133615000000
0
-21000000
-30000000
6000000
-62000000
-267000000
69000000
45000000
-135000000
-2616000000
-3009000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.526%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Issuer</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Type of issue</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Date of issue</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Nominal (millions)</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Currency</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Coupon</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Early redemption</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Maturity date</span></div></td></tr><tr style="height:12pt"><td colspan="3" rowspan="4" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BBVA, S.A.</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AT1</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jan-25</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">USD</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.750%</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jan-32</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Perpetual</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tier 2</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Feb-25</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EUR</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.000%</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Feb-32</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Feb-37</span></div></td></tr><tr style="height:21pt"><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Senior non-preferred</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jul-25</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EUR</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.125%</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">_</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jul-30</span></div></td></tr><tr style="height:21pt"><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Senior non-preferred</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aug-25</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EUR</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.750%</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">_</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aug-35</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AT1</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Nov-25</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EUR</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.625%</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Nov-32</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Perpetual</span></div></td></tr></table></div>
1000000000
1000000000
1000000000
1000000000
1000000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, the encumbered (those provided as collateral for certain liabilities) and unencumbered assets are broken down as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:20.950%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.939%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.939%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.220%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.658%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.062%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.641%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.062%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.641%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.227%"></td><td style="width:0.1%"></td></tr><tr><td colspan="42" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ENCUMBERED AND UNENCUMBERED ASSETS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="18" style="background-color:#001391;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Encumbered assets</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="18" style="background-color:#001391;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unencumbered assets</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value </span></div></td><td colspan="9" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value </span></div></td><td colspan="9" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">69,272</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">68,268</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">78,586</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">790,304</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">704,134</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">696,972</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,964</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">834</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">592</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,968</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">834</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">592</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,836</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,159</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,176</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,836</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,159</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,176</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,016</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,404</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,458</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,910</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45,639</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,818</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">120,408</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102,333</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88,976</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">120,408</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102,333</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88,976</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances and other assets</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,291</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,030</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,535</span></div></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">650,060</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">584,641</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">594,821</span></div></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr></table></div>
69272000000
68268000000
78586000000
790304000000
704134000000
696972000000
1964000000
834000000
592000000
1968000000
834000000
592000000
19836000000
17159000000
13176000000
19836000000
17159000000
13176000000
42016000000
43404000000
51458000000
43910000000
45639000000
50818000000
120408000000
102333000000
88976000000
120408000000
102333000000
88976000000
25291000000
24030000000
26535000000
650060000000
584641000000
594821000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, collateral pledges received mainly due to repurchase agreements and securities lending, and those which could be committed in order to obtain funding are provided below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.211%"><tr><td style="width:1.0%"></td><td style="width:27.854%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.668%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.668%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.668%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.364%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.668%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.668%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.668%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.364%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.668%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.668%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.674%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">COLLATERAL RECEIVED (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value of encumbered collateral received or own debt certificates issued</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value of collateral received or own debt certificates issued available for encumbrance</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value of collateral received or own debt certificates issued not available for encumbrance</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Collateral received</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">49,726</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">40,877</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">73,836</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,783</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,917</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,825</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,634</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,151</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">996</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">190</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">215</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,019</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">675</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">162</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,536</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,663</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72,817</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,107</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,754</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,774</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,634</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,151</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">996</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances and other assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Own debt certificates issued other than own covered bonds or ABSs</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">63</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">74</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr></table></div>
49726000000
40877000000
73836000000
17783000000
14917000000
14825000000
1634000000
1151000000
996000000
190000000
215000000
1019000000
675000000
162000000
51000000
0
0
0
49536000000
40663000000
72817000000
17107000000
14754000000
14774000000
1634000000
1151000000
996000000
0
0
0
0
0
0
0
0
0
0
0
0
63000000
66000000
74000000
0
0
0
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, financial liabilities issued related to encumbered assets in financial transactions as well as their book value were as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:28.394%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.557%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.557%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.557%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.557%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.557%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.560%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SOURCES OF ENCUMBRANCE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Matching liabilities, contingent liabilities or securities lent</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets, collateral received and own</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">debt certificates issued other than covered bonds and ABSs encumbered</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value of financial liabilities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">116,511</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">109,833</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">151,766</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">117,052</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">107,067</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">149,853</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,092</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,047</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,895</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,377</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,698</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,756</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92,586</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">84,604</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">126,777</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">94,577</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,938</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">126,543</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Outstanding subordinated debt</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,833</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,182</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,094</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,097</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,431</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,554</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other sources</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">820</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,141</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,066</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,946</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,079</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,568</span></td></tr></table></div>
116511000000
109833000000
151766000000
117052000000
107067000000
149853000000
17092000000
17047000000
15895000000
15377000000
14698000000
13756000000
92586000000
84604000000
126777000000
94577000000
81938000000
126543000000
6833000000
8182000000
9094000000
7097000000
10431000000
9554000000
820000000
1141000000
1066000000
1946000000
2079000000
2568000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:21.59pt">Fair value of financial instruments </span><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Framework and processes control </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The process for determining the fair value established in the Group seeks to ensure that financial assets and liabilities are properly recorded following the IFRS 13 principles, which defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants in the principal market or most advantageous market, at the measurement date.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA has established, at a geographic level, a structure of Risk Operational Admission and Product Governance Committees responsible for validating and approving new products or types of financial assets and liabilities before being contracted. Local management responsible for valuation, which are independent from the business are members of these committees.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These areas seek to ensure, prior to the approval </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">stage</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">, the existence of not only technical and human resources, but also adequate informational sources to measure the fair value of these financial assets and liabilities, in accordance with the rules established by the valuation global area and using models that have been validated and approved by the responsible areas complying with the governance of BBVA Group's official models.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Fair value hierarchy</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">All financial instruments, both assets and liabilities are initially recognized at fair value, which at that point is equivalent to the transaction price, unless there is evidence to the contrary in the market. Subsequently, depending on the type of financial instrument, it may continue to be recognized at amortized cost or fair value through adjustments in the consolidated income statement or equity.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">When possible, the fair value is determined as the market price of a financial instrument. However, for many of the financial assets and liabilities of the Group, especially in the case of derivatives, there is no market price available, so its fair value is estimated on the basis of the price established in recent transactions involving similar instruments or, in the absence thereof, by using mathematical measurement models that are sufficiently tried and trusted by the international financial community. The estimates of the fair value derived from the use of such models take into consideration the specific features of the asset or liability to be measured and, in particular, the various types of risk associated with such asset or liability. However, the limitations inherent in the measurement models and possible inaccuracies in the assumptions and parameters required by these models may mean that the estimated fair value of an asset or liability does not exactly match the price for which the asset or liability could be exchanged or settled on the date of its measurement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, for financial assets and liabilities that show significant uncertainty in inputs or model parameters used for valuation, criteria are established to measure said uncertainty and activity limits are set based on these. Finally, these measurements are compared, as much as possible, against other sources such as the measurements obtained by the business teams and/or those obtained by other market participants.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The process for determining the fair value requires the classification of the financial assets and liabilities according to the measurement processes used as set forth below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Level 1: valuation using directly the quotation of the instrument, observable and readily and regularly available from independent price sources and referenced to active markets that the entity can access at the measurement date. The instruments classified within this level are fixed-income securities, equity instruments and certain derivatives. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Level 2: valuation of financial instruments with commonly accepted techniques that use inputs obtained from observable data in markets. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Level 3: valuation of financial instruments with valuation techniques that use significant unobservable inputs in the market. As of December 31, 2025, the affected instruments at fair value accounted for approximately 0.70% of financial assets and 0.47% of the Group’s financial liabilities. Model selection and validation is undertaken by control areas outside the business areas.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:17.14pt">Fair value of financial instruments recognized at fair value, according to valuation criteria</span><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Below are the different elements used in the valuation technique of financial instruments.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Active Market</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA considers an active market as a market that allows the observation of bid and offer prices representative of the levels to which the market participants are willing to negotiate an asset, with sufficient frequency and volume.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Furthermore, BBVA considers as traded in an “Organized Market” quotations for assets or liabilities from over-the-counter (OTC) markets when they are obtained from independent sources, observable on a daily basis and fulfil certain conditions.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The fair value of the Group's financial instruments recognized at fair value in the consolidated balance sheets is presented below, broken down according to the valuation method used to determine their fair value, and their respective book value as of December 31, 2025, 2024 and 2023:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.962%"><tr><td style="width:1.0%"></td><td style="width:47.287%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.701%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT FAIR VALUE BY LEVELS. </span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></div></td><td colspan="3" style="display:none"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">123,185</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,045</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">90,885</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,254</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,551</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">955</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,829</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">768</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,901</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,536</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">158</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,846</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,555</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,686</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">605</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,887</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,213</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">673</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,272</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,946</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,732</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,594</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;text-indent:-4.5pt;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt;text-indent:-4.5pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,539</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,817</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,341</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,380</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;text-indent:-4.5pt;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt;text-indent:-4.5pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt;text-indent:-4.5pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">541</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">328</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">213</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,006</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,004</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,006</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,004</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,809</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">52,134</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,760</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,915</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,360</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,015</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">237</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,001</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,095</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,652</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,255</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">448</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">423</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">570</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">570</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities held for trading </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">91,917</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,129</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">76,334</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,454</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,345</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,131</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,021</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,193</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Short positions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,100</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,999</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,472</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,211</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">261</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18,417</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,284</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,133</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">897</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">897</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,997</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,864</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,133</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,524</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,524</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,933</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,926</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.682%"><tr><td style="width:1.0%"></td><td style="width:47.141%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.354%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.714%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.729%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.729%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.733%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT FAIR VALUE BY LEVELS.</span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></div></td><td colspan="3" style="display:none"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">108,948</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">26,332</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">80,323</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,292</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,003</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">969</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,591</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">443</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,760</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,602</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,955</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,762</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,438</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">756</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,230</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,218</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,011</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,546</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,511</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">617</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,418</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,782</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,309</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,365</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">407</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">202</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">358</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">336</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">836</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">774</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">62</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">836</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">774</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">62</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,002</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50,354</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,515</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,133</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,451</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,157</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">79</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">216</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,526</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,173</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,436</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">917</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,158</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,158</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities held for trading </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">86,591</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,308</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">71,072</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,211</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,059</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,118</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,400</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">541</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Short positions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,878</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,189</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">673</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39,654</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,999</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">656</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,952</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,865</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,087</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">934</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">934</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,597</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,511</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,087</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,420</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,420</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,503</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,480</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">23</span></td></tr></table><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:115%"> </span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.962%"><tr><td style="width:1.0%"></td><td style="width:47.287%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.701%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT FAIR VALUE BY LEVELS.</span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></div></td><td colspan="3" style="display:none"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">141,042</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">21,972</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">116,905</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,165</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,293</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">144</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,880</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">269</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,589</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,494</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,569</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,333</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,081</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">155</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73,590</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71,921</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,669</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,737</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,028</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">493</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,216</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,963</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,742</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,148</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">484</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">286</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">132</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">290</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">288</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">955</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">908</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">47</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">955</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">908</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">62,205</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">52,987</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,335</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">883</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,217</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,026</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">139</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60,963</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,961</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,258</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">745</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,482</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,482</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities held for trading </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">121,715</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,133</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">106,382</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,201</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,045</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">191</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,111</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">743</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Short positions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,735</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,942</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,750</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72,935</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72,520</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">415</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,299</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,073</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,227</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">717</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">717</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,977</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,751</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,227</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,605</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,605</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,625</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,586</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39</span></td></tr></table></div><div style="text-align:center"><span><br/></span></div><div><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following table sets forth the main valuation techniques, hypothesis and inputs used in the estimation of fair value of the financial instruments recognized at fair value classified under Levels 2 and 3, based on the type of financial asset and liability and the corresponding balances as of December 31, 2025, 2024 and 2023.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.962%"><tr><td style="width:1.0%"></td><td style="width:23.163%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:25.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.163%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.586%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS BY LEVELS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:6pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td></tr><tr style="height:15pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="background-color:#001391;color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">ASSETS</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-indent:-0.72pt"><span style="background-color:#001391;color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Valuation techniques in Levels 2 and 3</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-indent:-0.72pt"><span style="background-color:#001391;color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Observable inputs in Levels 2 and 3</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-indent:-0.72pt"><span style="background-color:#001391;color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Unobservable inputs in Levels 2 and 3</span></div></td></tr><tr style="height:8pt"><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Financial assets held for trading</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Equity instruments </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Comparable pricing (Observable price in a similar market)<br/>Net asset value</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Brokers quotes<br/>- Market operations<br/>- NAVs published</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- NAV provided by the administrator of the fund</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Present-value method<br/>(Discounted future cash flows)<br/>Observed prices in non-active markets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Issuer´s credit risk<br/>- Current market interest rates<br/>- Non active markets prices</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Prepayment rates<br/>- Issuer´s credit risk<br/>- Recovery rates</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Present-value method<br/>(Discounted future cash flows)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Issuer´s credit risk<br/>- Current market interest rates<br/>- Funding interest rates observed in the market or in consensus services<br/>- Exchange rates</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Prepayment rates<br/>- Issuer´s credit risk<br/>- Recovery rates<br/>- Funding interest rates not observed in the market or in consensus services</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Derivatives</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr style="height:50pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Interest rate</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Interest rate products (Interest rate Swaps, Call money Swaps and FRA): Discounted cash flows<br/>Caps/Floors: Black 76 and SABR<br/>Bond options: Black 76<br/>Swaptions: Black, SABR and LGM<br/>Other Interest rate Options: Black, SABR, Libor Market Model and QGM.<br/>Constant Maturity Swaps: SABR</span></div></td><td colspan="3" rowspan="5" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Exchange rates<br/>- Market quoted future prices<br/>- Market interest rates<br/>- Underlying assets prices: shares, funds, commodities<br/>- Market observable volatilities <br/>- Issuer credit spread levels<br/>- Quoted dividends<br/>- Market listed correlations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Beta<br/>- Implicit correlations between tenors<br/>- interest rates volatility</span></div></td></tr><tr style="height:27pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Equity</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Future and Equity Forward: Discounted future cash flows<br/>Equity Options: Local Volatility, Momentum adjustment and Heston</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Volatility of volatility<br/>- Implicit assets correlations<br/>- Long term implicit correlations<br/>- Implicit dividends and long term repos</span></div></td></tr><tr style="height:27pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Foreign exchange and gold</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Future and Equity Forward: Discounted future cash flows<br/>Foreign exchange Options: Local volatility, momentum adjustment</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Volatility of volatility<br/>- Implicit assets correlations<br/>- Long term implicit correlations</span></div></td></tr><tr style="height:33pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Credit</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Credit Derivatives: Default model and Gaussian copula</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Correlation default<br/>- Credit spread<br/>- Recovery rates<br/>- Interest rate yield<br/>- Default volatility</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Commodities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Commodities: Momentum adjustment and discounted cash flows</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Comparable pricing (Observable price in a similar market)<br/>Net asset value</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Brokers quotes<br/>- Market operations<br/>- NAVs published</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- NAV provided by the administrator of the fund</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Present-value method<br/>(Discounted future cash flows)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Issuer credit risk<br/>- Current market interest rates</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Prepayment rates<br/>- Issuer credit risk<br/>- Recovery rates<br/></span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%"></span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Discounted future cash flows</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Prepayment rates<br/>- Interest rates</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Present-value method</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">(Discounted future cash flows)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Issuer credit risk</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Current market interest rates</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Comparable pricing (Observable price in a similar market)<br/>Net asset value</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Brokers quotes<br/>- Market operations<br/>- NAVs published</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- NAV provided by the administrator of the fund</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Present-value method<br/>(Discounted future cash flows)<br/>Observed prices in non-active markets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Issuer´s credit risk<br/>- Current market interest rates<br/>- Non active market prices</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Prepayment rates<br/>- Issuer credit risk<br/>- Recovery rates</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Hedging derivatives</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #001391;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr style="height:51pt"><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Interest rate</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Interest rate products (Interest rate Swaps, Call money Swaps and FRA): Discounted cash flows<br/>Caps/Floors: Black 76 and SABR<br/>Bond options: Black 76<br/>Swaptions: Black, SABR and LGM<br/>Other Interest rate Options: Black, SABR and Libor Market Model<br/>Constant Maturity Swaps: SABR</span></div></td><td colspan="3" rowspan="5" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Exchange rates</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Market quoted future prices</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Market interest rates</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Underlying assets prices: shares, funds, commodities</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Market observable volatilities </span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Issuer credit spread levels</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Quoted dividends</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Market listed correlations</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Beta<br/>- Implicit correlations between tenors<br/>- interest rates volatility</span></div></td></tr><tr style="height:29pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Equity</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Future and Equity Forward: Discounted future cash flows<br/>Equity Options: Local volatility, Black 76, Momentum adjustment and Heston</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Volatility of volatility<br/>- Implicit assets correlations<br/>- Long term implicit correlations<br/>- Implicit dividends and long term repos</span></div></td></tr><tr style="height:30pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Foreign exchange and gold</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Future and Equity Forward: Discounted future cash flows<br/>Foreign exchange Options: Local volatility, momentum adjustment</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Volatility of volatility<br/>- Implicit assets correlations<br/>- Long term implicit correlations</span></div></td></tr><tr style="height:33pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Credit</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Credit Derivatives: Default model and Gaussian copula</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Correlation default<br/>- Credit spread<br/>- Recovery rates<br/>- Interest rate yield<br/>- Default volatility</span></div></td></tr><tr style="height:20pt"><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Commodities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Commodities: Momentum adjustment and Discounted cash flows</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr></table></div><div style="margin-bottom:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.962%"><tr><td style="width:1.0%"></td><td style="width:23.163%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:25.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.163%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.586%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS BY LEVELS</span></div></td></tr><tr><td colspan="3" style="border-top:1pt solid #001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:700;line-height:120%">LIABILITIES</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Valuation techniques in Levels 2 and 3</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Observable inputs in Levels 2 and 3</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Unobservable inputs in Levels 2 and 3</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Financial liabilities held for trading </span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Present-value method<br/>(Discounted future cash flows)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Interest rate yield<br/>- Funding interest rates observed in the market or in consensus services<br/>- Exchange rates</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Funding interest rates not observed in the market or in consensus services</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Derivatives</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr style="height:68pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Interest rate</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Interest rate products (Interest rate Swaps, call money Swaps and FRA): Discounted cash flows<br/>Caps/Floors: Black 76 and SABR<br/>Bond options: Black 76<br/>Swaptions: Black 76, SABR and LGM<br/>Other Interest rate Options: Black, SABR, Libor Market Model and QGM.<br/>Constant Maturity Swaps: SABR</span></div></td><td colspan="3" rowspan="4" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Exchange rates<br/>- Market quoted future prices<br/>- Market interest rates<br/>- Underlying assets prices: shares, funds, commodities<br/>- Market observable volatilities <br/>- Issuer credit spread levels<br/>- Quoted dividends<br/>- Market listed correlations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Beta<br/>- Correlation between tenors<br/>- Interest rates volatility</span></div></td></tr><tr style="height:32pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Equity</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Future and Equity forward: Discounted future cash flows</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Equity Options: Local volatility, momentum adjustment and Heston</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Volatility of volatility<br/>- Assets correlation</span></div></td></tr><tr style="height:32pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Foreign exchange and gold</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Future and Equity Forward: Discounted future cash flows<br/>Foreign exchange Options: Black 76, Local volatility, momentum adjustment</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Volatility of volatility<br/>- Assets correlation</span></div></td></tr><tr style="height:39pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Credit</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Credit Derivatives: Default model and Gaussian copula</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Correlation default<br/>- Credit spread<br/>- Recovery rates<br/>- Interest rate yield<br/>- Default volatility</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Commodities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Commodities: Momentum adjustment and discounted cash flows</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Short positions </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Present-value method<br/>(Discounted future cash flows)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Prepayment rates<br/>- Issuer´s credit risk<br/>- Current market interest rates</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Present-value method</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">(Discounted future cash flows)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Prepayment rates</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Issuer´s credit risk</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Current market interest rates</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Prepayment rates</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Issuer´s credit risk</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Current market interest rates</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #001391;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr style="height:68pt"><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Interest rate</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Interest rate products (Interest rate Swaps, call money Swaps and FRA): Discounted cash flows<br/>Caps/Floors: Black 76 and SABR<br/>Bond options: Black 76<br/>Swaptions: Black 76, SABR and LGM<br/>Other Interest rate Options: Black, SABR and Libor Market Model<br/>Constant Maturity Swaps: SABR</span></div></td><td colspan="3" rowspan="5" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Exchange rates</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Market quoted future prices</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Market interest rates</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Underlying assets prices: shares, funds, commodities</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Market observable volatilities </span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Issuer credit spread levels</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Quoted dividends</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Market listed correlations</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Beta<br/>- Implicit correlations between tenors<br/>- interest rates volatility</span></div></td></tr><tr style="height:32pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Equity</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Future and Equity Forward: Discounted future cash flows<br/>Equity Options: Local volatility, momentum adjustment and Heston</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Volatility of volatility<br/>- Implicit assets correlations<br/>- Long term implicit correlations<br/>- Implicit dividends and long term repos</span></div></td></tr><tr style="height:32pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Foreign exchange and gold</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Future and Equity Forward: Discounted future cash flows<br/>Foreign exchange Options: Black 76, Local Volatility, momentum adjustment</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Volatility of volatility<br/>- Implicit assets correlations<br/>- Long term implicit correlations</span></div></td></tr><tr style="height:39pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Credit</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Credit Derivatives: Default model and Gaussian copula</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Correlation default<br/>- Credit spread<br/>- Recovery rates<br/>- Interest rate yield<br/>- Default volatility</span></div></td></tr><tr style="height:18pt"><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Commodities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Commodities: Momentum adjustment and discounted cash flows</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr></table></div><div style="margin-bottom:12pt"><span><br/></span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Main valuation techniques</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The main techniques used for the assessment of the majority of the financial instruments classified in level 3, and its main unobservable inputs, are described below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The net present value (net present value method): this technique uses the future cash flows of each financial instrument, which are established in the different contracts, and discounted to their present value. This technique often includes many observable inputs, but may also include unobservable inputs, as described below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">Credit Spread: this input represents the difference in yield of a debt security and the reference rate, reflecting the additional return that a market participant would require to take the credit risk of that debt security. Therefore, the credit spread of the debt security is part of the discount rate used to calculate the present value of the future cash flows.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">Recovery rate: this input represents the percentage of principal and interest recovered from a debt instrument that has defaulted.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Comparable prices (similar asset prices): this input represents the prices of comparable financial instruments and benchmarks used to calculate a reference yield based on relative movements from the entry price or current market levels. Further adjustments to account for differences that may exist between financial instrument being valued and the comparable financial instrument may be added. It can also be assumed that the price of the financial instrument is equivalent to the comparable instrument.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Net asset value: this technique utilizes certain assumptions to use net asset value as representative of fair value, which is equal to the total value of the assets and liabilities of a fund published by the managing entity.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Gaussian copula: this model is used to integrate default probabilities of credit instruments referenced to more than one underlying CDS (Credit Default Swaps). The joint density function used to value the instrument is constructed by using a Gaussian copula that relates the marginal densities by a normal distribution, usually extracted from the correlation matrix of events approaching default by CDS issuers.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Black 76: variant of Black Scholes model, whose main application is the valuation of bond options, cap floors and swaptions where the behavior of the Forward and not the Spot itself, is directly modeled.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Black Scholes: the Black Scholes model postulates log-normal distribution for the prices of securities, so that the expected return under the risk neutral measure is the risk-free interest rate. Under this assumption, the price of vanilla options can be obtained analytically, so that inverting the Black Scholes formula, the implied volatility for process of the price can be calculated.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Heston: this model, typically applied to equity OTC options, assumes stochastic behavior of volatility. According to which, the volatility follows a process that reverts to a long-term level and is correlated with the underlying equity instrument. As opposed to local volatility models, in which the volatility evolves deterministically, the Heston model is more flexible, allowing it to be similar to that observed in the short term today.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Libor market model: this model assumes that the dynamics of the interest rate curve can be modeled based on the set of forward contracts that compose the underlying interest rate. The correlation matrix is parameterized on the assumption that the correlation between any two forward contracts decreases at a constant rate, beta, to the extent of the difference in their respective due dates. The input “Credit default volatility” is a volatility input of the credit factor dynamic applied in rate/credit hybrid operative. The multifactorial frame of this model makes it ideal for the valuation of instruments sensitive to the slope or curve, including interest rate option.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">LGM (Linear Gaussian Model): the model, commonly used for the valuation of interest rate instruments, assumes that the evolution of the yield curve is driven by a single stochastic factor following a linear Gaussian process. Under this framework, instantaneous rates evolve continuously with a volatility proportional to the level of rates, allowing for a parsimonious and stable description of the dynamics of bond prices and interest rate swap derivatives. Unlike more complex or multifactor models, the LGM retains a simple analytical structure that facilitates calibration to market-implied swaption volatilities.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">QGM (Quasi Gaussian Model): an advanced pricing model for the valuation of callable products. It is a valuation framework based on Monte Carlo simulations that employs a local volatility parameterization to model interest rates, designed to price exotic derivatives with cancellable features. The model uses a quasi-Gaussian approach to represent the dynamics of interest rates, leveraging a combination of variables and an auxiliary matrix to capture the evolution of forward rates.</span></div><div style="margin-bottom:24pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Local volatility: in the local volatility models, the volatility, instead of being static, evolves deterministically over time according to the level of moneyness (i.e. probability that the option has a positive value on its date of expiration) of the underlying, capturing the existence of volatility smiles. The volatility smile of an option is the empirical relationship observed between its implied volatility and its strike price. These models are appropriate for options whose value depends on the historical evolution of the underlying which use Monte Carlo simulation technique for their valuation.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Unobservable inputs</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Quantitative information of unobservable inputs used to calculate level 3 valuations is presented below as of December 31, 2025, 2024 and 2023.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.962%"><tr><td style="width:1.0%"></td><td style="width:21.480%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.937%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.937%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.741%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">UNOBSERVABLE INPUTS. DECEMBER 2025</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial instrument</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Valuation technique(s)</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Significant unobservable inputs</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Min</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Average</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Max</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Units</span></div></td></tr><tr style="height:12pt"><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt Securities</span></div></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Present value method</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit spread</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">814</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">bp</span></div></td></tr><tr style="height:13pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Recovery rate</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:18pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Comparable Pricing</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">97 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">234 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:14pt"><td colspan="3" rowspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity/Fund instruments</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net Asset Value</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="12" rowspan="2" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Comparable Pricing</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Present value method</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Repo funding curve</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.94 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.67 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:15pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit Derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gaussian Copula</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation default</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Black 76</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Price volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr style="height:15pt"><td colspan="3" rowspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity Derivatives</span></div></td><td colspan="3" rowspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on equities, baskets of equity, funds</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Dividends</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td><td colspan="12" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlations</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(69 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.05</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32.17</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">450.54</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">FX Derivatives</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on FX underlyings</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.19</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.98</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15.06</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr style="height:22pt"><td colspan="3" rowspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">IR Derivatives</span></div></td><td colspan="3" rowspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on IR underlyings</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Beta</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation rate/credit</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(100 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation rate/inflation</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr></table></div><div style="padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Due to the diversity of valuation models of equity valuations, we would not include all the unobservable inputs or the quantitative ranges of them. </span></div><div style="margin-bottom:3pt;padding-left:9pt;padding-right:8.5pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) The range of unobservable dividends is too wide range to be relevant.</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.962%"><tr><td style="width:1.0%"></td><td style="width:21.480%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.937%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.937%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.741%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">UNOBSERVABLE INPUTS. DECEMBER 2024</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial instrument</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Valuation technique(s)</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Significant unobservable inputs</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Min</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Average</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Max</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Units</span></div></td></tr><tr style="height:12pt"><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt Securities</span></div></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Present value method</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit spread</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">113</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,907</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">bp</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Recovery rate</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Comparable Pricing</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">233 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:14pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity/Fund instruments </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net Asset Value</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="12" rowspan="2" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Comparable Pricing</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Present value method</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Repo funding curve</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.09 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.70 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.11 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:12pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit Derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gaussian Copula</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation default</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Black 76</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Price volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr style="height:14pt"><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity Derivatives</span></div></td><td colspan="3" rowspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on equities, baskets of equity, funds</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Dividends </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="12" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlations</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(88 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.07</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30.90</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">122.35</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">FX Derivatives</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on FX underlyings</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.93</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.46</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14.91</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr style="height:14pt"><td colspan="3" rowspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">IR Derivatives</span></div></td><td colspan="3" rowspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on IR underlyings</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Beta</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation rate/credit</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(100 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation rate/inflation</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr></table></div><div style="padding-left:8.5pt;text-indent:-9.01pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Due to the diversity of valuation models of equity valuations, we would not include all the unobservable inputs or the quantitative ranges of them. </span></div><div style="margin-bottom:18pt;padding-left:9pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) The range of unobservable dividends is too wide range to be relevant.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.962%"><tr><td style="width:1.0%"></td><td style="width:21.480%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.937%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.937%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.741%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">UNOBSERVABLE INPUTS. DECEMBER 2023</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial instrument</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Valuation technique(s)</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Significant unobservable inputs</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Min</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Average</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Max</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Units</span></div></td></tr><tr style="height:12pt"><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Present value method</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit spread</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">136</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,369</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">bp</span></div></td></tr><tr style="height:13pt"><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Recovery rate</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:18pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Comparable pricing</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">237 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:17pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity/Fund instruments </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net asset value</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr style="height:17pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Comparable pricing</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Present value method</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Repo funding curve</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.26 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.74 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.76 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:17pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gaussian Copula</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation default</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:17pt"><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Black 76</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Price volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr style="height:15pt"><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity derivatives</span></div></td><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on equities, baskets of equity, funds</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Dividends </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlations</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(88 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.47</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29.41</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70.94</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">FX derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on FX underlyings</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.31</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.24</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.52</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr style="height:14pt"><td colspan="3" rowspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">IR derivatives</span></div></td><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on IR underlyings</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Beta</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation rate/credit</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(100 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation rate/inflation</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr></table></div><div style="padding-left:8.5pt;text-indent:-9.01pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Due to the diversity of valuation models of equity valuations, we would not include all the unobservable inputs or the quantitative ranges of them. </span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) The range of unobservable dividends is too wide range to be relevant.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Adjustments to the valuation </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Under IFRS 13, the entity must estimate the value taking into account the assumptions and conditions that market participants would have when setting the price of the asset or liability on the valuation date.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In order to comply with the fair value requirements, the entity applies adjustments to the fair valuation considering inherent and counterparties´ default criteria, funding valuation risk and valuation risks due to valuation uncertainty and related to the prudent valuation criteria. The above is aligned with the regulatory requirements (EBA CRR 105.10) and considers the model risk, liquidity risk (Bid/Offer) and price uncertainty risk.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Adjustments to the valuation for risk of default</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The fair value of liabilities should reflect the entity's default risk, which includes, among other components, its own credit risk. Taking this into account, the Group makes valuation adjustments for credit risk in the estimates of the fair value of its assets and liabilities.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These adjustments are calculated by estimating Exposure At Default, Probability of Default and Loss Given Default, which are based on the recovery levels for all derivative products on any instrument, deposits and repos at the legal entity level (all counterparties under a same master agreement), in which BBVA has exposure.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Credit Valuation Adjustment (hereinafter “CVA”) and Debit Valuation Adjustments (hereinafter “DVA”) are included in the valuation of derivatives, both assets and liabilities, to reflect the impact on the fair value of the counterparty credit risk and its own, respectively. The Group incorporates in its valuation, for all exposures classified in any of the categories valued at fair value, both the counterparty credit risk and its own. In the trading portfolio, and in the specific case of derivatives, credit risk is recognized through such adjustments.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a general rule, the calculation of CVA is the sum of the expected positive exposure in time t, the probability of default between t-1 and t, and the Loss Given Default of the counterparty. Consequently, the DVA is calculated as the sum of the expected negative exposure in time t, the probability of default of BBVA between t-1 and t, and the Loss Given Default of BBVA. Both calculations are performed throughout the entire period of potential exposure.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The calculation of the expected positive and negative exposure is done through a Montecarlo simulation of the market variables involved in all trades’ valuation under the same legal netting set. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The information needed to calculate the probability of default and the loss given default of a counterparty comes from the credit markets. The counterparty’s Credit Default Swaps are used if liquid quotes are available. If a market price is not available, BBVA has implemented a mapping process based on the sector, rating and geography of the counterparty to assign probabilities of default and loss given default calibrated directly to market.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">An additional adjustment for Own Credit Adjustment (hereinafter "OCA") is applied to the instruments accounted for by applying the Fair Value Option permitted by IFRS 9. The related amounts recognized in the consolidated balance sheet as of December 31, 2025 and 2024, related to OCA were €459 million and €393 million, respectively.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amounts recognized in the consolidated balance sheets as of December 31, 2025, 2024 and 2023 related to the valuation adjustments incorporated to the credit assessment derivative assets amounted to €-140 million, €-205 million and €-133 million, respectively as Credit Valuation Adjustments (CVA), and amounted to €87 million, €116 million and €91 million, respectively as Debit Valuation Adjustment (DVA). The impact recorded under “Gains (losses) on financial assets and liabilities held for trading, net” in the consolidated income statement was €62 million for the year ended December 31, 2025 and €17 million and €26 million in 2024 and 2023, respectively.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Valuation adjustments for financing risk</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The fair value of the positions recorded at fair value must reflect the entity's financing risk. Taking into account the above, the Group makes adjustments for financing risk valuation (Funding Valuation Adjustment, hereinafter "FVA") in the estimates of the fair value of its assets and liabilities.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The adjustment to the valuation for financing risk incorporates the cost of financing implicit in the valuation of positions at fair value. This adjustment reflects the cost of funding for non-collateralized or partially collateralized operations.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, as of December 31, 2025, 2024 and 2023, €-10 million, €-19 million and €-16 million related to the FVA were recognized in the consolidated balance sheet, being the impact on results not significant.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Collateral Valuation Adjustments on Bond-Collateralized Agreements</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Non-standard collateral valuation adjustments (hereinafter, “ColVA”) are incorporated into the valuation of both asset and liability derivatives to reflect, in their fair value, the impact of uncertainty in the discount curve associated with collateralized positions in bonds. A standard collateral agreement for a derivative is understood to be one that requires daily posting of collateral reflecting changes in the derivative’s market value, in the same currency as the derivative, and remunerated at the standard collateral rate. When the collateral agreement permits the delivery of bonds as collateral, an adjustment is required to capture the specific characteristics of the eligible collateral that cause the valuation of the transaction to differ from that under a standard cash collateralization in the deal’s currency of denomination. These adjustments account for the cost (or benefit) of funding the bond collateral that covers the Expected Positive Exposure (EPE) or Expected Negative Exposure (ENE) of a derivatives portfolio over time, using the market rehypothecation curve of the posted collateral.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">ColVA adjustments are typically considered a component of FVA.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Valuation adjustments for valuation uncertainty</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The fair value of the positions recorded at fair value must reflect the valuation risk derived from the uncertainty in the valuation for concepts of pure uncertainty of prices, liquidity risk and model risks. This adjustment is aligned with the regulatory requirements for prudent valuation via valuation adjustments with an impact on CET1, and meets the requirements of EBA CRR 105.10 for this purpose.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The adjustment to the valuation for liquidity incorporates an adjustment for Bid / Offer spreads in the valuation of positions that do not meet the necessary conditions to be considered a Market Maker operation.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The adjustment to the valuation for model risk captures the uncertainty in the price associated with the products valued with the use of a valuation model ("Mark to Model") given the existence of more than one possible model applicable to the valuation of the product or the calibration of its parameters from the observations of inputs in the market.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The adjustment to the valuation for price uncertainty includes the uncertainty associated with the dispersion in the values observed in the market for the prices taken in the valuation of assets or as inputs in the valuation models.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The impact recorded under “Gains (losses) on financial assets and liabilities held for trading, net” in the consolidated income statement for the year ended December 31, 2025 corresponding to the mentioned adjustments was a net impact of €-59 million, (€-53 million in 2024). An adjustment was also made as of December 31, 2025 on financial assets at fair value through other comprehensive income for a total of €-10 million (€-17 million and €-15 million in 2024 and 2023, respectively). </span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Financial assets and liabilities classified as level 3</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes in the balance of level 3 financial assets and liabilities included in the consolidated balance sheets are as follows:</span></div><div style="margin-bottom:1pt;margin-top:1pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:47.287%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.316%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL ASSETS LEVEL 3: CHANGES IN THE YEAR (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,843</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,321</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,264</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,467</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,931</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,743</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Changes in fair value recognized in profit and loss ⁽¹⁾</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">395</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">368</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">490</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">144</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">113</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Changes in fair value not recognized in profit and loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisitions, disposals and liquidations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">469</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">884</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">397</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(59)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">374</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net transfers to level 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(985)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(330)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(165)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">289</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">204</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences and others</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(67)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,763</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,594</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,843</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,321</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,264</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,467</span></td></tr></table></div><div style="padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Profit or loss that is attributable to gains or losses relating to those financial assets and liabilities held as of December 31, 2025, 2024 and 2023. Valuation adjustments are recorded under the heading “Gains (losses) on financial assets and liabilities (net)”.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During 2025, there was an increase in level 3 asset positions (+19%), resulting in equal parts from market price evolution and decreased observability. This increase is primarily distributed between the derivatives portfolio and equity cash trading.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During 2024, there was an increase in positions classified as level 3, mainly concentrated in cash fixed-income positions due to unobservability in market prices applied in their fair valuation. No significant changes were observed in other positions, such as derivatives, reverse repurchase agreements and cash variable-income positions.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2023, as a result of the implementation of the multifactor criteria in the classification, which considered all the risk factors of the exposures, their observability and uncertainty, there was a reduction in exposure to level 3 derivatives, offset by an increase in exposure classified at level 3 in repurchase agreements positions due to unobservability in the inputs used in their valuation. The increase in level 3 exposure was mainly related to cash positions of variable income and fixed income due to unobservability in their prices.</span><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:14.00pt"> </span></div><div style="margin-bottom:18pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For the years ended December 31, 2025, 2024 and 2023, the profit/loss on sales of financial instruments classified as level 3 recognized in the consolidated income statement was not material.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Transfers among levels</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Global Valuation area, in collaboration with the Group, has established the rules for an appropriate financial instruments held for trading classification according to the fair value hierarchy defined by IFRS.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On a monthly basis, derivative positions, deposits, loans and advances from the portfolio are classified, according to this criterion, by the subsidiaries. Then, there is a quarterly review of the portfolio in order to analyze the need for a change in classification of any of these assets.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On a quarterly basis, the positions of equity instruments and debt securities are classified, following these criteria, by the local areas in coordination with Global Markets Valuation.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The financial instruments transferred among the different levels of measurement for the years ended December 31, 2025, 2024 and 2023 are at the following amounts in the consolidated balance sheets as of December 31, 2025, 2024 and 2023:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:37.383%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.517%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.310%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.169%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.310%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.169%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.169%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.173%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TRANSFERS AMONG LEVELS. DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">From:</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">To:</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1 </span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets held for trading</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">181</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">344</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">272</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">200</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,150</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets designated at fair value through profit or loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">251</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">762</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives – Hedge accounting</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,582</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,122</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">315</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">338</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities held for trading</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">269</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">144</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">259</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities designated at fair value through profit or loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,021)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(256)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">103</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives – Hedge accounting</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">19</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">269</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(877)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(254)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">362</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt"><span><br/></span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:20.919%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.510%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.941%"></td><td style="width:0.1%"></td></tr><tr><td colspan="42" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TRANSFER AMONG LEVELS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="18" style="background-color:#001391;border-bottom:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="18" style="background-color:#001391;border-bottom:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">From:</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">To:</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1 </span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1 </span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets held for trading</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">115</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,238</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">78</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">199</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">887</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">89</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">666</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">497</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">68</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">135</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets designated at fair value through profit or loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,425</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,348</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">170</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,191</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,296</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">205</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">103</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">243</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives – Hedge accounting</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,608</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,586</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">90</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">64</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">387</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,079</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">190</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,385</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">941</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">103</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">740</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities held for trading</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">461</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">380</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">596</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">177</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">372</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities designated at fair value through profit or loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">301</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">121</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">660</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">262</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives – Hedge accounting</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">107</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">461</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">346</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">501</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">596</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">36</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">837</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">635</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2025, transfers between the different levels of the fair value hierarchy at a Group level were very limited and did not represent a significant change in any of the categories. However, in the banking book, there were significant transfers from level 1 to level 2 in the portfolio of </span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:14.00pt">‘</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Financial assets designated at fair value through profit or loss’ due to decreased observability, which were only partially offset by transfers from level 2 to level 1 in the portfolio of ‘Financial assets at fair value through other comprehensive income</span><span style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:14.00pt">’</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amount of the financial instruments at fair value that were transferred among the different valuation levels during 2024 showed a stable performance in relation to the evolution of market observability in the inputs applied in their valuation. No significant level transfers were made from level 1 to level 3, with the most significant volumes of transfers concentrated between level 1 and level 2, and level 2 and level 3. In both cases, the changes were solely due to the observability conditions of market inputs.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amount of the financial instruments at fair value portfolio that were transferred among the different valuation levels during 2023 correspond mainly, with respect to level 1 to level 2, to the review of the classification among levels due to the implementation of the short-term maturities model valuation of the listed options for those positions for which it is guaranteed that the inputs applied from real OTC market transactions are complied with the corroboration criteria. Additionally, there is a transfer of exposure level 1 to Level 2 in cash positions in debt securities and equities, partially netted by a transfer of exposure Level 2 to level 1, all directly related to the observability of the inputs. The volume of positions transferred from Level 2 to level 3 is partly offset by the transfer of certain positions from level 3 to level 2, mainly in cash positions in debt securities, equities and loans and advances.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Sensitivity analysis</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Sensitivity analysis is performed on financial instruments with significant unobservable inputs (financial instruments included in level 3), in order to obtain a reasonable range of possible alternative valuations. This analysis is carried out based on the criteria defined by the Global Valuation area in line with the official regulatory requirements for Prudent Valuation metrics, taking into account the nature of the methods used for the assessment and the reliability and availability of inputs and proxies used. In order to establish, with a sufficient degree of certainty, the valuation risk that is incurred in such assets without applying diversification criteria between them.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, the effect on profit for the year and total equity of changing the main unobservable inputs used for the measurement of level 3 financial instruments for other reasonably possible unobservable inputs, taking the highest (most favorable input) or lowest (least favorable input) value of the range deemed probable, would be as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:36.066%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.756%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL INSTRUMENTS LEVEL 3: SENSITIVITY ANALYSIS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;border-bottom:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Potential impact on consolidated</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> income statement </span></div></td><td colspan="12" style="background-color:#001391;border-bottom:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Potential impact on</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">other comprehensive income</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Most favorable hypothesis</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Least favorable hypothesis</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Most favorable hypothesis</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Least favorable hypothesis</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">102</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">48</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(155)</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(89)</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(69)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(61)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(65)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">103</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(104)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(85)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(102)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(78)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">117</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">48</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(190)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(90)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">205</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">57</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(259)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(173)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">117</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">48</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(190)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(90)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities held for trading</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(18)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(13)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:14.95pt">Fair value of financial instruments recognized at amortized cost according to valuation method</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The valuation technique used to calculate the fair value of financial assets and liabilities carried at cost are presented below:</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Financial assets</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Cash, balances at central banks and other demand deposits / loans to central banks / short-term loans to credit institutions / repurchase agreements: in general, their fair value approximates to their book value, due to the nature of the counterparty and because they are mainly short-term balances in which the book value is the most reasonable estimation of the value of the asset.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Loans to credit institutions which are not short-term and loans to customers: in general, these financial assets will be valued by discounting future cash flows using the interest rate curve adjusted by the market spread at the time of valuation and considering any behavioral hypothesis considered to be relevant (early prepayments, optionality, etc.). Therefore, their valuations will be conditioned by the interest rates and spreads of the portfolios and their durations. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Debt securities: generally, fair value is estimated based on the available market price or by using internal valuation methodologies.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Financial liabilities</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Deposits from central banks: for recurrent liquidity auctions and other monetary policy instruments of central banks / short-term deposits, from credit institutions / repurchase agreements / short-term customer deposits: their book value is considered to be the best estimation of their fair value.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Deposits of credit institutions which are not short-term and term customer deposits: these deposits are valued by discounting future cash flows using the interest rate curve in effect at the time of the adjustment adjusted by the credit spread and incorporating any behavioral assumptions considered to be relevant (early repayments, optionalities, etc.).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Debt certificate (Issuances): the fair value estimation of these liabilities is based on the availability of market prices or the present value method: discount of future cash flows, using market interest rates at valuation time and taking into account the credit spread.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The table below shows the fair value of the Group's financial instruments recognized at amortized cost in the consolidated balance sheets, broken down according to the valuation method used to determine their fair value, and their respective book value, as well as the main valuation techniques and inputs used for financial instruments classified in level 2 and level 3 as of December 31, 2025, 2024 and 2023:</span></div><div style="padding-left:4.25pt;padding-right:4.25pt;text-align:center;text-indent:-9.01pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:37.102%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.326%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.326%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.135%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.326%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.326%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.326%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.333%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT AMORTIZED COST BY LEVELS.</span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></div></td><td colspan="15" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div></td></tr><tr style="height:41pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount presented as fair value ⁽¹⁾</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash, cash balances at central banks and other demand deposits</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,837</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,837</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,837</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">568,893</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">40,224</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">65,255</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">25,873</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">437,577</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">568,929</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73,379</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65,255</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,526</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,322</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73,103</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">495,513</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,224</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,347</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">436,255</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">495,826</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities at amortized cost </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">658,599</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">416,378</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">42,578</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">86,123</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">115,369</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">660,447</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">556,498</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">396,119</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,084</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">112,053</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">557,256</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,842</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,578</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,039</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,316</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,932</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial liabilities</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,258</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,258</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,258</span></div></td></tr></table></div><div style="margin-bottom:6pt;padding-left:27pt;text-indent:-27pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:115%">(1) Financial instruments whose book value is presented as an approximation to their fair value, mainly short-term financial instruments.</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:37.188%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.317%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT AMORTIZED COST BY LEVELS. </span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></div></td><td colspan="15" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div></td></tr><tr style="height:41pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount presented as fair value ⁽¹⁾</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash, cash balances at central banks and other demand deposits</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">51,145</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">51,145</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">51,145</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">502,400</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,615</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50,771</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,157</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">394,496</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">502,039</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59,014</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,771</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,589</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">921</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,281</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">443,386</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,615</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,568</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">393,575</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">443,759</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities at amortized cost </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">584,339</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">378,530</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">47,323</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,016</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">101,025</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">584,894</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">496,720</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">360,777</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,647</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">98,038</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">496,461</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69,867</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47,323</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,369</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,986</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70,679</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial liabilities</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,753</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,753</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,753</span></div></td></tr></table></div><div style="padding-left:27pt;text-indent:-27pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Financial instruments whose book value is presented as an approximation to their fair value, mainly short-term financial instruments.</span></div><div><span><br/></span></div><div style="padding-left:27pt;text-indent:-27pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:37.188%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.317%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT AMORTIZED COST BY LEVELS. </span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></div></td><td colspan="15" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div></td></tr><tr style="height:41pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount presented as fair value ⁽¹⁾</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash, cash balances at central banks and other demand deposits</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">75,416</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">75,416</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">75,416</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">451,732</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">34,826</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">41,950</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,533</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">359,062</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">446,371</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,462</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,950</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,244</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">759</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,952</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">402,270</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,826</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,290</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">358,303</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">397,418</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities at amortized cost </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">557,589</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">358,657</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">42,742</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">86,390</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">68,127</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">555,915</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">473,835</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">343,611</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,269</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">62,049</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64,601</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">471,530</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">68,707</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,472</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,341</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,526</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69,339</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial liabilities</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,046</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,046</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,046</span></div></td></tr></table></div><div style="padding-left:27pt;text-indent:-27pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:115%">(1) Financial instruments whose book value is presented as an approximation to their fair value, mainly short-term financial instruments.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The fair value of the “Financial assets at amortized cost” has been estimated mainly using the valuation techniques of the Present-value method (discounted future cash flows). The main inputs considered for Levels 2 and 3 are the interest rate yield, the prepayment rates and the credit spread. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the case of “Financial liabilities at amortized cost”, the fair value is also obtained mainly through the Present-value method (discounted future cash flows). The main inputs considered for, at levels 2 and 3, the issuer's credit risk, the interest rate yield and the prepayment rate.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The fair value of the Group's financial instruments recognized at fair value in the consolidated balance sheets is presented below, broken down according to the valuation method used to determine their fair value, and their respective book value as of December 31, 2025, 2024 and 2023:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.962%"><tr><td style="width:1.0%"></td><td style="width:47.287%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.701%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT FAIR VALUE BY LEVELS. </span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></div></td><td colspan="3" style="display:none"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">123,185</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,045</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">90,885</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,254</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,551</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">955</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,829</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">768</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,901</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,536</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">158</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,846</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,555</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,686</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">605</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,887</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,213</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">673</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,272</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,946</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,732</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,594</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;text-indent:-4.5pt;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt;text-indent:-4.5pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,539</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,817</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,341</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,380</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;text-indent:-4.5pt;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt;text-indent:-4.5pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt;text-indent:-4.5pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">541</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">328</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">213</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,006</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,004</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,006</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,004</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,809</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">52,134</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,760</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,915</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,360</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,015</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">237</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,001</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,095</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,652</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,255</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">448</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">423</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">570</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">570</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities held for trading </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">91,917</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,129</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">76,334</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,454</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,345</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,131</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,021</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,193</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Short positions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,100</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,999</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,472</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,211</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">261</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18,417</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,284</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,133</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">897</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">897</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,997</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,864</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,133</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,524</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,524</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,933</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,926</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.682%"><tr><td style="width:1.0%"></td><td style="width:47.141%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.354%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.714%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.729%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.729%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.733%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT FAIR VALUE BY LEVELS.</span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></div></td><td colspan="3" style="display:none"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">108,948</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">26,332</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">80,323</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,292</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,003</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">969</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,591</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">443</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,760</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,602</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,955</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,762</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,438</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">756</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,230</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,218</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,011</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,546</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,511</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">617</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,418</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,782</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,309</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,365</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">407</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">202</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">358</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">336</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">836</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">774</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">62</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">836</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">774</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">62</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,002</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50,354</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,515</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,133</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,451</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,157</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">79</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">216</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,526</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,173</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,436</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">917</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,158</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,158</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities held for trading </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">86,591</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,308</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">71,072</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,211</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,059</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,118</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,400</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">541</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Short positions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,878</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,189</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">673</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39,654</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,999</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">656</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,952</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,865</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,087</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">934</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">934</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,597</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,511</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,087</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,420</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,420</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,503</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,480</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">23</span></td></tr></table><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:115%"> </span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.962%"><tr><td style="width:1.0%"></td><td style="width:47.287%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.701%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT FAIR VALUE BY LEVELS.</span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></div></td><td colspan="3" style="display:none"></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">141,042</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">21,972</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">116,905</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,165</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,293</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">144</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,880</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">269</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,589</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,494</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,569</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,333</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,081</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">155</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73,590</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71,921</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,669</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,737</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,028</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">493</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,216</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,963</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,742</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,148</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">484</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">286</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">132</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">290</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">288</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">955</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">908</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">47</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">955</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">908</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">62,205</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">52,987</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,335</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">883</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,217</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,026</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">139</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60,963</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,961</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,258</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">745</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,482</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,482</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities held for trading </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">121,715</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,133</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">106,382</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,201</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,045</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">191</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,111</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">743</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Short positions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,735</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,942</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,750</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72,935</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72,520</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">415</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,299</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,073</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,227</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">717</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">717</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,977</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,751</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,227</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,605</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,605</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,625</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,586</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39</span></td></tr></table></div>
123185000000
30045000000
90885000000
2254000000
32551000000
955000000
30829000000
768000000
9901000000
9536000000
158000000
208000000
30846000000
19555000000
10686000000
605000000
49887000000
0
49213000000
673000000
11272000000
3946000000
5732000000
1594000000
10539000000
3817000000
5341000000
1380000000
192000000
128000000
63000000
0
541000000
0
328000000
213000000
1006000000
1004000000
2000000
0
1006000000
1004000000
2000000
0
58809000000
52134000000
4760000000
1915000000
1360000000
1015000000
107000000
237000000
57001000000
51095000000
4652000000
1255000000
448000000
24000000
1000000
423000000
570000000
0
570000000
0
91917000000
14129000000
76334000000
1454000000
30345000000
1131000000
28021000000
1193000000
13100000000
12999000000
102000000
0
48472000000
0
48211000000
261000000
18417000000
0
16284000000
2133000000
0
0
0
0
897000000
0
897000000
0
5997000000
0
3864000000
2133000000
11524000000
0
11524000000
0
1933000000
0
1926000000
7000000
108948000000
26332000000
80323000000
2292000000
36003000000
969000000
34591000000
443000000
6760000000
6602000000
76000000
83000000
27955000000
18762000000
8438000000
756000000
38230000000
0
37218000000
1011000000
10546000000
8511000000
617000000
1418000000
9782000000
8309000000
107000000
1365000000
407000000
202000000
173000000
31000000
358000000
0
336000000
21000000
836000000
774000000
62000000
0
836000000
774000000
62000000
0
59002000000
50354000000
7515000000
1133000000
1451000000
1157000000
79000000
216000000
57526000000
49173000000
7436000000
917000000
25000000
25000000
0
0
1158000000
0
1158000000
0
86591000000
14308000000
71072000000
1211000000
33059000000
1118000000
31400000000
541000000
13878000000
13189000000
673000000
15000000
39654000000
0
38999000000
656000000
14952000000
0
12865000000
2087000000
0
0
0
0
934000000
0
934000000
0
4597000000
0
2511000000
2087000000
9420000000
0
9420000000
0
2503000000
0
2480000000
23000000
141042000000
21972000000
116905000000
2165000000
34293000000
144000000
33880000000
269000000
4589000000
4494000000
24000000
71000000
28569000000
17333000000
11081000000
155000000
73590000000
0
71921000000
1669000000
8737000000
7028000000
493000000
1216000000
7963000000
6742000000
72000000
1148000000
484000000
286000000
132000000
66000000
290000000
0
288000000
2000000
955000000
908000000
47000000
0
955000000
908000000
47000000
0
62205000000
52987000000
8335000000
883000000
1217000000
1026000000
52000000
139000000
60963000000
51961000000
8258000000
745000000
26000000
0
26000000
0
1482000000
0
1482000000
0
121715000000
14133000000
106382000000
1201000000
33045000000
191000000
32111000000
743000000
15735000000
13942000000
1750000000
44000000
72935000000
0
72520000000
415000000
13299000000
0
11073000000
2227000000
0
0
0
0
717000000
0
717000000
0
3977000000
0
1751000000
2227000000
8605000000
0
8605000000
0
2625000000
0
2586000000
39000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following table sets forth the main valuation techniques, hypothesis and inputs used in the estimation of fair value of the financial instruments recognized at fair value classified under Levels 2 and 3, based on the type of financial asset and liability and the corresponding balances as of December 31, 2025, 2024 and 2023.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.962%"><tr><td style="width:1.0%"></td><td style="width:23.163%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:25.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.163%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.586%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS BY LEVELS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:6pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td></tr><tr style="height:15pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="background-color:#001391;color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">ASSETS</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-indent:-0.72pt"><span style="background-color:#001391;color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Valuation techniques in Levels 2 and 3</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-indent:-0.72pt"><span style="background-color:#001391;color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Observable inputs in Levels 2 and 3</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-indent:-0.72pt"><span style="background-color:#001391;color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Unobservable inputs in Levels 2 and 3</span></div></td></tr><tr style="height:8pt"><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Financial assets held for trading</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Equity instruments </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Comparable pricing (Observable price in a similar market)<br/>Net asset value</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Brokers quotes<br/>- Market operations<br/>- NAVs published</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- NAV provided by the administrator of the fund</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Present-value method<br/>(Discounted future cash flows)<br/>Observed prices in non-active markets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Issuer´s credit risk<br/>- Current market interest rates<br/>- Non active markets prices</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Prepayment rates<br/>- Issuer´s credit risk<br/>- Recovery rates</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Present-value method<br/>(Discounted future cash flows)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Issuer´s credit risk<br/>- Current market interest rates<br/>- Funding interest rates observed in the market or in consensus services<br/>- Exchange rates</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Prepayment rates<br/>- Issuer´s credit risk<br/>- Recovery rates<br/>- Funding interest rates not observed in the market or in consensus services</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Derivatives</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr style="height:50pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Interest rate</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Interest rate products (Interest rate Swaps, Call money Swaps and FRA): Discounted cash flows<br/>Caps/Floors: Black 76 and SABR<br/>Bond options: Black 76<br/>Swaptions: Black, SABR and LGM<br/>Other Interest rate Options: Black, SABR, Libor Market Model and QGM.<br/>Constant Maturity Swaps: SABR</span></div></td><td colspan="3" rowspan="5" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Exchange rates<br/>- Market quoted future prices<br/>- Market interest rates<br/>- Underlying assets prices: shares, funds, commodities<br/>- Market observable volatilities <br/>- Issuer credit spread levels<br/>- Quoted dividends<br/>- Market listed correlations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Beta<br/>- Implicit correlations between tenors<br/>- interest rates volatility</span></div></td></tr><tr style="height:27pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Equity</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Future and Equity Forward: Discounted future cash flows<br/>Equity Options: Local Volatility, Momentum adjustment and Heston</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Volatility of volatility<br/>- Implicit assets correlations<br/>- Long term implicit correlations<br/>- Implicit dividends and long term repos</span></div></td></tr><tr style="height:27pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Foreign exchange and gold</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Future and Equity Forward: Discounted future cash flows<br/>Foreign exchange Options: Local volatility, momentum adjustment</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Volatility of volatility<br/>- Implicit assets correlations<br/>- Long term implicit correlations</span></div></td></tr><tr style="height:33pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Credit</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Credit Derivatives: Default model and Gaussian copula</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Correlation default<br/>- Credit spread<br/>- Recovery rates<br/>- Interest rate yield<br/>- Default volatility</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Commodities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Commodities: Momentum adjustment and discounted cash flows</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Comparable pricing (Observable price in a similar market)<br/>Net asset value</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Brokers quotes<br/>- Market operations<br/>- NAVs published</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- NAV provided by the administrator of the fund</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Present-value method<br/>(Discounted future cash flows)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Issuer credit risk<br/>- Current market interest rates</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Prepayment rates<br/>- Issuer credit risk<br/>- Recovery rates<br/></span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%"></span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Discounted future cash flows</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Prepayment rates<br/>- Interest rates</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Present-value method</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">(Discounted future cash flows)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Issuer credit risk</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Current market interest rates</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Comparable pricing (Observable price in a similar market)<br/>Net asset value</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Brokers quotes<br/>- Market operations<br/>- NAVs published</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- NAV provided by the administrator of the fund</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Present-value method<br/>(Discounted future cash flows)<br/>Observed prices in non-active markets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Issuer´s credit risk<br/>- Current market interest rates<br/>- Non active market prices</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Prepayment rates<br/>- Issuer credit risk<br/>- Recovery rates</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Hedging derivatives</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #001391;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr style="height:51pt"><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Interest rate</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Interest rate products (Interest rate Swaps, Call money Swaps and FRA): Discounted cash flows<br/>Caps/Floors: Black 76 and SABR<br/>Bond options: Black 76<br/>Swaptions: Black, SABR and LGM<br/>Other Interest rate Options: Black, SABR and Libor Market Model<br/>Constant Maturity Swaps: SABR</span></div></td><td colspan="3" rowspan="5" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Exchange rates</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Market quoted future prices</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Market interest rates</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Underlying assets prices: shares, funds, commodities</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Market observable volatilities </span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Issuer credit spread levels</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Quoted dividends</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Market listed correlations</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Beta<br/>- Implicit correlations between tenors<br/>- interest rates volatility</span></div></td></tr><tr style="height:29pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Equity</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Future and Equity Forward: Discounted future cash flows<br/>Equity Options: Local volatility, Black 76, Momentum adjustment and Heston</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Volatility of volatility<br/>- Implicit assets correlations<br/>- Long term implicit correlations<br/>- Implicit dividends and long term repos</span></div></td></tr><tr style="height:30pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Foreign exchange and gold</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Future and Equity Forward: Discounted future cash flows<br/>Foreign exchange Options: Local volatility, momentum adjustment</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Volatility of volatility<br/>- Implicit assets correlations<br/>- Long term implicit correlations</span></div></td></tr><tr style="height:33pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Credit</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Credit Derivatives: Default model and Gaussian copula</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Correlation default<br/>- Credit spread<br/>- Recovery rates<br/>- Interest rate yield<br/>- Default volatility</span></div></td></tr><tr style="height:20pt"><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Commodities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Commodities: Momentum adjustment and Discounted cash flows</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr></table></div>
Comparable pricing (Observable price in a similar market)Net asset value
- Brokers quotes- Market operations- NAVs published
- NAV provided by the administrator of the fund
Present-value method(Discounted future cash flows)Observed prices in non-active markets
- Issuer´s credit risk- Current market interest rates- Non active markets prices
- Prepayment rates- Issuer´s credit risk- Recovery rates
Present-value method(Discounted future cash flows)
- Issuer´s credit risk- Current market interest rates- Funding interest rates observed in the market or in consensus services- Exchange rates
- Prepayment rates- Issuer´s credit risk- Recovery rates- Funding interest rates not observed in the market or in consensus services
Interest rate products (Interest rate Swaps, Call money Swaps and FRA): Discounted cash flowsCaps/Floors: Black 76 and SABRBond options: Black 76Swaptions: Black, SABR and LGMOther Interest rate Options: Black, SABR, Libor Market Model and QGM.Constant Maturity Swaps: SABR
- Exchange rates- Market quoted future prices- Market interest rates- Underlying assets prices: shares, funds, commodities- Market observable volatilities - Issuer credit spread levels- Quoted dividends- Market listed correlations
- Beta- Implicit correlations between tenors- interest rates volatility
Future and Equity Forward: Discounted future cash flowsEquity Options: Local Volatility, Momentum adjustment and Heston
- Volatility of volatility- Implicit assets correlations- Long term implicit correlations- Implicit dividends and long term repos
Future and Equity Forward: Discounted future cash flowsForeign exchange Options: Local volatility, momentum adjustment
- Volatility of volatility- Implicit assets correlations- Long term implicit correlations
Credit Derivatives: Default model and Gaussian copula
- Correlation default- Credit spread- Recovery rates- Interest rate yield- Default volatility
Commodities: Momentum adjustment and discounted cash flows
Comparable pricing (Observable price in a similar market)Net asset value
- Brokers quotes- Market operations- NAVs published
- NAV provided by the administrator of the fund
Present-value method(Discounted future cash flows)
- Issuer credit risk- Current market interest rates
- Prepayment rates- Issuer credit risk- Recovery rates
Discounted future cash flows
- Prepayment rates- Interest rates
Present-value method(Discounted future cash flows)
- Issuer credit risk- Current market interest rates
Comparable pricing (Observable price in a similar market)Net asset value
- Brokers quotes- Market operations- NAVs published
- NAV provided by the administrator of the fund
Present-value method(Discounted future cash flows)Observed prices in non-active markets
- Issuer´s credit risk- Current market interest rates- Non active market prices
- Prepayment rates- Issuer credit risk- Recovery rates
Interest rate products (Interest rate Swaps, Call money Swaps and FRA): Discounted cash flowsCaps/Floors: Black 76 and SABRBond options: Black 76Swaptions: Black, SABR and LGMOther Interest rate Options: Black, SABR and Libor Market ModelConstant Maturity Swaps: SABR
- Exchange rates- Market quoted future prices- Market interest rates- Underlying assets prices: shares, funds, commodities- Market observable volatilities - Issuer credit spread levels- Quoted dividends- Market listed correlations
- Beta- Implicit correlations between tenors- interest rates volatility
Future and Equity Forward: Discounted future cash flowsEquity Options: Local volatility, Black 76, Momentum adjustment and Heston
- Volatility of volatility- Implicit assets correlations- Long term implicit correlations- Implicit dividends and long term repos
Future and Equity Forward: Discounted future cash flowsForeign exchange Options: Local volatility, momentum adjustment
- Volatility of volatility- Implicit assets correlations- Long term implicit correlations
Credit Derivatives: Default model and Gaussian copula
- Correlation default- Credit spread- Recovery rates- Interest rate yield- Default volatility
Commodities: Momentum adjustment and Discounted cash flows
<div style="margin-bottom:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.962%"><tr><td style="width:1.0%"></td><td style="width:23.163%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:25.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.163%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.586%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS BY LEVELS</span></div></td></tr><tr><td colspan="3" style="border-top:1pt solid #001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:700;line-height:120%">LIABILITIES</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Valuation techniques in Levels 2 and 3</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Observable inputs in Levels 2 and 3</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Unobservable inputs in Levels 2 and 3</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Financial liabilities held for trading </span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Present-value method<br/>(Discounted future cash flows)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Interest rate yield<br/>- Funding interest rates observed in the market or in consensus services<br/>- Exchange rates</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Funding interest rates not observed in the market or in consensus services</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Derivatives</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr style="height:68pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Interest rate</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Interest rate products (Interest rate Swaps, call money Swaps and FRA): Discounted cash flows<br/>Caps/Floors: Black 76 and SABR<br/>Bond options: Black 76<br/>Swaptions: Black 76, SABR and LGM<br/>Other Interest rate Options: Black, SABR, Libor Market Model and QGM.<br/>Constant Maturity Swaps: SABR</span></div></td><td colspan="3" rowspan="4" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Exchange rates<br/>- Market quoted future prices<br/>- Market interest rates<br/>- Underlying assets prices: shares, funds, commodities<br/>- Market observable volatilities <br/>- Issuer credit spread levels<br/>- Quoted dividends<br/>- Market listed correlations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Beta<br/>- Correlation between tenors<br/>- Interest rates volatility</span></div></td></tr><tr style="height:32pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Equity</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Future and Equity forward: Discounted future cash flows</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Equity Options: Local volatility, momentum adjustment and Heston</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Volatility of volatility<br/>- Assets correlation</span></div></td></tr><tr style="height:32pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Foreign exchange and gold</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Future and Equity Forward: Discounted future cash flows<br/>Foreign exchange Options: Black 76, Local volatility, momentum adjustment</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Volatility of volatility<br/>- Assets correlation</span></div></td></tr><tr style="height:39pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Credit</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Credit Derivatives: Default model and Gaussian copula</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Correlation default<br/>- Credit spread<br/>- Recovery rates<br/>- Interest rate yield<br/>- Default volatility</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Commodities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Commodities: Momentum adjustment and discounted cash flows</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Short positions </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Present-value method<br/>(Discounted future cash flows)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Prepayment rates<br/>- Issuer´s credit risk<br/>- Current market interest rates</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Financial liabilities designated at fair value through profit or loss</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">Present-value method</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">(Discounted future cash flows)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Prepayment rates</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Issuer´s credit risk</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Current market interest rates</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Prepayment rates</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Issuer´s credit risk</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5pt;font-weight:400;line-height:120%">- Current market interest rates</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Derivatives – Hedge accounting</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #001391;border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr style="height:68pt"><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Interest rate</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Interest rate products (Interest rate Swaps, call money Swaps and FRA): Discounted cash flows<br/>Caps/Floors: Black 76 and SABR<br/>Bond options: Black 76<br/>Swaptions: Black 76, SABR and LGM<br/>Other Interest rate Options: Black, SABR and Libor Market Model<br/>Constant Maturity Swaps: SABR</span></div></td><td colspan="3" rowspan="5" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Exchange rates</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Market quoted future prices</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Market interest rates</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Underlying assets prices: shares, funds, commodities</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Market observable volatilities </span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Issuer credit spread levels</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Quoted dividends</span></div><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Market listed correlations</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Beta<br/>- Implicit correlations between tenors<br/>- interest rates volatility</span></div></td></tr><tr style="height:32pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Equity</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Future and Equity Forward: Discounted future cash flows<br/>Equity Options: Local volatility, momentum adjustment and Heston</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Volatility of volatility<br/>- Implicit assets correlations<br/>- Long term implicit correlations<br/>- Implicit dividends and long term repos</span></div></td></tr><tr style="height:32pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Foreign exchange and gold</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Future and Equity Forward: Discounted future cash flows<br/>Foreign exchange Options: Black 76, Local Volatility, momentum adjustment</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Volatility of volatility<br/>- Implicit assets correlations<br/>- Long term implicit correlations</span></div></td></tr><tr style="height:39pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Credit</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Credit Derivatives: Default model and Gaussian copula</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">- Correlation default<br/>- Credit spread<br/>- Recovery rates<br/>- Interest rate yield<br/>- Default volatility</span></div></td></tr><tr style="height:18pt"><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Commodities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Commodities: Momentum adjustment and discounted cash flows</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr></table></div>
Present-value method(Discounted future cash flows)
- Interest rate yield- Funding interest rates observed in the market or in consensus services- Exchange rates
- Funding interest rates not observed in the market or in consensus services
Interest rate products (Interest rate Swaps, call money Swaps and FRA): Discounted cash flowsCaps/Floors: Black 76 and SABRBond options: Black 76Swaptions: Black 76, SABR and LGMOther Interest rate Options: Black, SABR, Libor Market Model and QGM.Constant Maturity Swaps: SABR
- Exchange rates- Market quoted future prices- Market interest rates- Underlying assets prices: shares, funds, commodities- Market observable volatilities - Issuer credit spread levels- Quoted dividends- Market listed correlations
- Beta- Correlation between tenors- Interest rates volatility
Future and Equity forward: Discounted future cash flowsEquity Options: Local volatility, momentum adjustment and Heston
- Volatility of volatility- Assets correlation
Future and Equity Forward: Discounted future cash flowsForeign exchange Options: Black 76, Local volatility, momentum adjustment
- Volatility of volatility- Assets correlation
Credit Derivatives: Default model and Gaussian copula
- Correlation default- Credit spread- Recovery rates- Interest rate yield- Default volatility
Commodities: Momentum adjustment and discounted cash flows
Present-value method(Discounted future cash flows)
- Prepayment rates- Issuer´s credit risk- Current market interest rates
Present-value method(Discounted future cash flows)
- Prepayment rates- Issuer´s credit risk- Current market interest rates
- Prepayment rates- Issuer´s credit risk- Current market interest rates
Interest rate products (Interest rate Swaps, call money Swaps and FRA): Discounted cash flowsCaps/Floors: Black 76 and SABRBond options: Black 76Swaptions: Black 76, SABR and LGMOther Interest rate Options: Black, SABR and Libor Market ModelConstant Maturity Swaps: SABR
- Exchange rates- Market quoted future prices- Market interest rates- Underlying assets prices: shares, funds, commodities- Market observable volatilities - Issuer credit spread levels- Quoted dividends- Market listed correlations
- Beta- Implicit correlations between tenors- interest rates volatility
Future and Equity Forward: Discounted future cash flowsEquity Options: Local volatility, momentum adjustment and Heston
- Volatility of volatility- Implicit assets correlations- Long term implicit correlations- Implicit dividends and long term repos
Future and Equity Forward: Discounted future cash flowsForeign exchange Options: Black 76, Local Volatility, momentum adjustment
- Volatility of volatility- Implicit assets correlations- Long term implicit correlations
Credit Derivatives: Default model and Gaussian copula
- Correlation default- Credit spread- Recovery rates- Interest rate yield- Default volatility
Commodities: Momentum adjustment and discounted cash flows
<div style="margin-top:2pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Quantitative information of unobservable inputs used to calculate level 3 valuations is presented below as of December 31, 2025, 2024 and 2023.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.962%"><tr><td style="width:1.0%"></td><td style="width:21.480%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.937%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.937%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.741%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">UNOBSERVABLE INPUTS. DECEMBER 2025</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial instrument</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Valuation technique(s)</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Significant unobservable inputs</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Min</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Average</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Max</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Units</span></div></td></tr><tr style="height:12pt"><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt Securities</span></div></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Present value method</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit spread</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">814</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">bp</span></div></td></tr><tr style="height:13pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Recovery rate</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:18pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Comparable Pricing</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">97 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">234 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:14pt"><td colspan="3" rowspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity/Fund instruments</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net Asset Value</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="12" rowspan="2" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Comparable Pricing</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Present value method</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Repo funding curve</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.94 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.67 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:15pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit Derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gaussian Copula</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation default</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Black 76</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Price volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr style="height:15pt"><td colspan="3" rowspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity Derivatives</span></div></td><td colspan="3" rowspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on equities, baskets of equity, funds</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Dividends</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td><td colspan="12" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlations</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(69 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.05</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32.17</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">450.54</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">FX Derivatives</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on FX underlyings</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.19</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.98</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15.06</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr style="height:22pt"><td colspan="3" rowspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">IR Derivatives</span></div></td><td colspan="3" rowspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on IR underlyings</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Beta</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation rate/credit</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(100 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation rate/inflation</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr></table></div><div style="padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Due to the diversity of valuation models of equity valuations, we would not include all the unobservable inputs or the quantitative ranges of them. </span></div><div style="margin-bottom:3pt;padding-left:9pt;padding-right:8.5pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) The range of unobservable dividends is too wide range to be relevant.</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.962%"><tr><td style="width:1.0%"></td><td style="width:21.480%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.937%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.937%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.741%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">UNOBSERVABLE INPUTS. DECEMBER 2024</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial instrument</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Valuation technique(s)</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Significant unobservable inputs</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Min</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Average</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Max</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Units</span></div></td></tr><tr style="height:12pt"><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt Securities</span></div></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Present value method</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit spread</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">113</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,907</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">bp</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Recovery rate</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Comparable Pricing</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">233 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:14pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity/Fund instruments </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net Asset Value</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="12" rowspan="2" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Comparable Pricing</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Present value method</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Repo funding curve</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.09 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.70 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.11 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:12pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit Derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gaussian Copula</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation default</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Black 76</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Price volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr style="height:14pt"><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity Derivatives</span></div></td><td colspan="3" rowspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on equities, baskets of equity, funds</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Dividends </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="12" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlations</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(88 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.07</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30.90</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">122.35</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">FX Derivatives</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on FX underlyings</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.93</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.46</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14.91</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr style="height:14pt"><td colspan="3" rowspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">IR Derivatives</span></div></td><td colspan="3" rowspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on IR underlyings</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Beta</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation rate/credit</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(100 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation rate/inflation</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr></table></div><div style="padding-left:8.5pt;text-indent:-9.01pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Due to the diversity of valuation models of equity valuations, we would not include all the unobservable inputs or the quantitative ranges of them. </span></div><div style="margin-bottom:18pt;padding-left:9pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) The range of unobservable dividends is too wide range to be relevant.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.962%"><tr><td style="width:1.0%"></td><td style="width:21.480%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.937%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.937%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.741%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">UNOBSERVABLE INPUTS. DECEMBER 2023</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial instrument</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Valuation technique(s)</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt 2px 1.72pt;text-align:left;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Significant unobservable inputs</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Min</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Average</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Max</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Units</span></div></td></tr><tr style="height:12pt"><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Present value method</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit spread</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">136</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,369</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">bp</span></div></td></tr><tr style="height:13pt"><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Recovery rate</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:18pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Comparable pricing</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">237 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:17pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity/Fund instruments </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net asset value</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr style="height:17pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Comparable pricing</span></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Present value method</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Repo funding curve</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.26 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.74 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.76 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:17pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gaussian Copula</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation default</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:17pt"><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Black 76</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Price volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr style="height:15pt"><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity derivatives</span></div></td><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on equities, baskets of equity, funds</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Dividends </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlations</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(88 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.47</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29.41</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70.94</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">FX derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on FX underlyings</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Volatility</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.31</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.24</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.52</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Vegas</span></div></td></tr><tr style="height:14pt"><td colspan="3" rowspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">IR derivatives</span></div></td><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Option models on IR underlyings</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Beta</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation rate/credit</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(100 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Correlation rate/inflation</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr></table></div><div style="padding-left:8.5pt;text-indent:-9.01pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Due to the diversity of valuation models of equity valuations, we would not include all the unobservable inputs or the quantitative ranges of them. </span></div><div style="margin-bottom:9pt;padding-left:9pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) The range of unobservable dividends is too wide range to be relevant.</span></div>
0
0.0074
0.0814
0
0.38
0.40
0
0.97
2.34
0.0394
0.02
0.1167
0.19
0.64
0.92
0
0
0
-0.69
0.43
0.99
8050000.00
32170000
450540000
3190000
7980000
15060000.00
0.03
0.05
0.11
-1
1
0.42
0.76
0.95
0
0.0113
0.3907
0
0.39
0.40
0
0.95
2.33
0.0209
0.0370
0.0711
0.19
0.59
0.92
0
0
0
-0.88
0.48
0.99
5070000.00
30900000
122350000
3930000
9460000
14910000
0.03
0.05
0.11
-1
1
0.42
0.74
0.95
0
0.0136
0.4369
0
0.39
0.40
0
0.99
2.37
0.0226
0.0374
0.0576
0.26
0.60
0.85
0
0
0
-0.88
0.52
0.99
8470000
29410000
70940000
4310000
10240000
18520000
0.03
0.05
0.11
-1
1
0.52
0.60
0.74
<div style="margin-bottom:1pt;margin-top:1pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:47.287%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.316%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL ASSETS LEVEL 3: CHANGES IN THE YEAR (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,843</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,321</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,264</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,467</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,931</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,743</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Changes in fair value recognized in profit and loss ⁽¹⁾</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">395</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">368</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">490</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">144</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">113</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Changes in fair value not recognized in profit and loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisitions, disposals and liquidations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">469</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">884</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">397</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(59)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">374</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net transfers to level 3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(985)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(330)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(165)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">289</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">204</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences and others</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(67)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,763</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,594</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,843</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,321</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,264</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,467</span></td></tr></table></div><div style="padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Profit or loss that is attributable to gains or losses relating to those financial assets and liabilities held as of December 31, 2025, 2024 and 2023. Valuation adjustments are recorded under the heading “Gains (losses) on financial assets and liabilities (net)”.</span></div>
4843000000
3321000000
4264000000
3467000000
3931000000
2743000000
395000000
368000000
490000000
144000000
-7000000
113000000
50000000
0
29000000
0
21000000
-1000000
469000000
884000000
397000000
-59000000
27000000
374000000
13000000
-985000000
-330000000
-165000000
289000000
204000000
-7000000
6000000
-6000000
-67000000
3000000
34000000
5763000000
3594000000
4843000000
3321000000
4264000000
3467000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The financial instruments transferred among the different levels of measurement for the years ended December 31, 2025, 2024 and 2023 are at the following amounts in the consolidated balance sheets as of December 31, 2025, 2024 and 2023:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:37.383%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.517%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.310%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.169%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.310%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.169%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.169%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.173%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TRANSFERS AMONG LEVELS. DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">From:</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">To:</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1 </span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets held for trading</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">181</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">344</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">272</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">200</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,150</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets designated at fair value through profit or loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">251</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">762</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives – Hedge accounting</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,582</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,122</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">315</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">338</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities held for trading</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">269</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">144</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">259</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities designated at fair value through profit or loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,021)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(256)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">103</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives – Hedge accounting</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">19</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">269</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(877)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(254)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">362</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt"><span><br/></span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:20.919%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.510%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.941%"></td><td style="width:0.1%"></td></tr><tr><td colspan="42" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TRANSFER AMONG LEVELS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="18" style="background-color:#001391;border-bottom:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="18" style="background-color:#001391;border-bottom:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">From:</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">To:</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1 </span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1 </span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets held for trading</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">115</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,238</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">78</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">199</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">887</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">89</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">666</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">497</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">68</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">135</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets designated at fair value through profit or loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,425</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,348</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">170</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,191</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,296</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">205</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">103</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">243</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives – Hedge accounting</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,608</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,586</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">90</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">64</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">387</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,079</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">190</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,385</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">941</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">103</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">740</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities held for trading</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">461</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">380</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">596</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">177</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">372</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities designated at fair value through profit or loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">301</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">121</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">660</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">262</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives – Hedge accounting</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">107</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">461</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">346</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">501</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">596</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">36</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">837</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">635</span></td></tr></table></div>
181000000
0
344000000
272000000
30000000
200000000
5150000000
30000000
9000000
0
0
33000000
0
0
7000000
0
0
0
251000000
36000000
762000000
43000000
0
105000000
0
0
0
0
0
0
5582000000
66000000
1122000000
315000000
30000000
338000000
19000000
0
269000000
144000000
3000000
259000000
0
0
0
1021000000
256000000
103000000
0
0
0
0
0
0
19000000
0
269000000
-877000000
254000000
362000000
115000000
0
1238000000
78000000
16000000
199000000
887000000
34000000
89000000
666000000
0
497000000
68000000
14000000
1000000
0
35000000
18000000
1000000
135000000
0
70000000
0
0
0
0
1000000
0
0
0
0
0
0
0
0
0
1425000000
17000000
1348000000
12000000
13000000
170000000
1191000000
21000000
1296000000
205000000
103000000
243000000
0
0
0
0
0
0
0
0
0
0
0
0
1608000000
31000000
2586000000
90000000
64000000
387000000
2079000000
190000000
1385000000
941000000
103000000
740000000
107000000
0
461000000
45000000
11000000
380000000
596000000
3000000
36000000
177000000
1000000
372000000
0
0
0
301000000
0
121000000
0
0
0
660000000
0
262000000
0
0
0
0
0
0
0
0
0
0
0
0
107000000
0
461000000
346000000
11000000
501000000
596000000
3000000
36000000
837000000
1000000
635000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, the effect on profit for the year and total equity of changing the main unobservable inputs used for the measurement of level 3 financial instruments for other reasonably possible unobservable inputs, taking the highest (most favorable input) or lowest (least favorable input) value of the range deemed probable, would be as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:36.066%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.756%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL INSTRUMENTS LEVEL 3: SENSITIVITY ANALYSIS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;border-bottom:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Potential impact on consolidated</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> income statement </span></div></td><td colspan="12" style="background-color:#001391;border-bottom:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Potential impact on</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">other comprehensive income</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Most favorable hypothesis</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Least favorable hypothesis</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Most favorable hypothesis</span></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Least favorable hypothesis</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets held for trading</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">102</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">48</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(155)</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(89)</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(69)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(61)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(65)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">103</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(104)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(85)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(102)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(78)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets designated at fair value through profit or loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at fair value through other comprehensive income</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">117</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">48</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(190)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(90)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">205</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">57</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(259)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(173)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">117</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">48</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(190)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(90)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities held for trading</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(18)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(13)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div>
102000000
48000000
-155000000
-89000000
0
0
0
0
6000000
4000000
-6000000
-4000000
0
0
0
0
38000000
37000000
-69000000
-61000000
0
0
0
0
42000000
0
-65000000
-17000000
0
0
0
0
15000000
6000000
-15000000
-6000000
0
0
0
0
103000000
9000000
-104000000
-85000000
0
0
0
0
1000000
0
-1000000
0
0
0
0
0
0
3000000
0
-7000000
0
0
0
0
102000000
6000000
-102000000
-78000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
117000000
48000000
190000000
90000000
205000000
57000000
-259000000
-173000000
117000000
48000000
-190000000
-90000000
18000000
12000000
-18000000
-13000000
0
0
0
0
18000000
12000000
-18000000
-13000000
0
0
0
0
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The table below shows the fair value of the Group's financial instruments recognized at amortized cost in the consolidated balance sheets, broken down according to the valuation method used to determine their fair value, and their respective book value, as well as the main valuation techniques and inputs used for financial instruments classified in level 2 and level 3 as of December 31, 2025, 2024 and 2023:</span></div><div style="padding-left:4.25pt;padding-right:4.25pt;text-align:center;text-indent:-9.01pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:37.102%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.326%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.326%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.135%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.326%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.326%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.326%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.333%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT AMORTIZED COST BY LEVELS.</span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></div></td><td colspan="15" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div></td></tr><tr style="height:41pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount presented as fair value ⁽¹⁾</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash, cash balances at central banks and other demand deposits</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,837</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,837</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,837</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">568,893</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">40,224</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">65,255</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">25,873</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">437,577</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">568,929</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73,379</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65,255</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,526</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,322</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73,103</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">495,513</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,224</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,347</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">436,255</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">495,826</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities at amortized cost </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">658,599</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">416,378</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">42,578</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">86,123</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">115,369</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">660,447</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">556,498</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">396,119</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,084</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">112,053</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">557,256</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,842</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,578</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,039</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,316</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,932</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial liabilities</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,258</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,258</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,258</span></div></td></tr></table></div><div style="margin-bottom:6pt;padding-left:27pt;text-indent:-27pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:115%">(1) Financial instruments whose book value is presented as an approximation to their fair value, mainly short-term financial instruments.</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:37.188%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.317%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT AMORTIZED COST BY LEVELS. </span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></div></td><td colspan="15" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div></td></tr><tr style="height:41pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount presented as fair value ⁽¹⁾</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash, cash balances at central banks and other demand deposits</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">51,145</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">51,145</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">51,145</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">502,400</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,615</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50,771</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,157</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">394,496</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">502,039</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59,014</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,771</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,589</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">921</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,281</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">443,386</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,615</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,568</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">393,575</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">443,759</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities at amortized cost </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">584,339</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">378,530</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">47,323</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,016</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">101,025</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">584,894</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">496,720</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">360,777</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,647</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">98,038</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">496,461</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69,867</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47,323</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,369</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,986</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70,679</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial liabilities</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,753</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,753</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,753</span></div></td></tr></table></div><div style="padding-left:27pt;text-indent:-27pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Financial instruments whose book value is presented as an approximation to their fair value, mainly short-term financial instruments.</span></div><div><span><br/></span></div><div style="padding-left:27pt;text-indent:-27pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:37.188%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.317%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT AMORTIZED COST BY LEVELS. </span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DECEMBER 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Book value</span></div></td><td colspan="15" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div></td></tr><tr style="height:41pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount presented as fair value ⁽¹⁾</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 3</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash, cash balances at central banks and other demand deposits</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">75,416</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">75,416</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">75,416</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">451,732</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">34,826</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">41,950</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,533</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">359,062</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">446,371</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,462</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,950</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,244</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">759</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,952</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">402,270</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,826</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,290</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">358,303</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">397,418</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities at amortized cost </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">557,589</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">358,657</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">42,742</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">86,390</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">68,127</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">555,915</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">473,835</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">343,611</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,269</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">62,049</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64,601</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">471,530</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">68,707</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,472</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,341</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,526</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69,339</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial liabilities</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,046</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,046</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,046</span></div></td></tr></table></div><div style="padding-left:27pt;text-indent:-27pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:115%">(1) Financial instruments whose book value is presented as an approximation to their fair value, mainly short-term financial instruments.</span></div>
58837000000
58837000000
0
0
0
58837000000
568893000000
40224000000
65255000000
25873000000
437577000000
568929000000
73379000000
0
65255000000
6526000000
1322000000
73103000000
495513000000
40224000000
0
19347000000
436255000000
495826000000
658599000000
416378000000
42578000000
86123000000
115369000000
660447000000
556498000000
396119000000
0
49084000000
112053000000
557256000000
81842000000
0
42578000000
37039000000
3316000000
82932000000
20258000000
20258000000
0
0
0
20258000000
51145000000
51145000000
0
0
0
51145000000
502400000000
32615000000
50771000000
24157000000
394496000000
502039000000
59014000000
0
50771000000
6589000000
921000000
58281000000
443386000000
32615000000
0
17568000000
393575000000
443759000000
584339000000
378530000000
47323000000
58016000000
101025000000
584894000000
496720000000
360777000000
0
37647000000
98038000000
496461000000
69867000000
0
47323000000
20369000000
2986000000
70679000000
17753000000
17753000000
0
0
0
17753000000
75416000000
75416000000
0
0
0
75416000000
451732000000
34826000000
41950000000
10533000000
359062000000
446371000000
49462000000
0
41950000000
6244000000
759000000
48952000000
402270000000
34826000000
0
4290000000
358303000000
397418000000
557589000000
358657000000
42742000000
86390000000
68127000000
555915000000
473835000000
343611000000
1269000000
62049000000
64601000000
471530000000
68707000000
0
41472000000
24341000000
3526000000
69339000000
15046000000
15046000000
0
0
0
15046000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:21.42pt">Cash, cash balances at central banks and other demand deposits</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading “Cash, cash balances at central banks and other demand deposits” in the consolidated balance sheets is as follows:</span></div><div style="padding-left:8.5pt;text-indent:-9.01pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:60.244%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.042%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.404%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.404%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.406%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CASH, CASH BALANCES AT CENTRAL BANKS AND OTHER DEMAND DEPOSITS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash on hand</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,050</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,636</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,751</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash balances at central banks ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,856</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,306</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60,750</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other demand deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,931</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,202</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,916</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8.2</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,837</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">51,145</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">75,416</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:8.5pt;text-indent:-9.01pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) The variation is mainly due to the evolution of the balances held in the Bank of Spain.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading “Cash, cash balances at central banks and other demand deposits” in the consolidated balance sheets is as follows:</span></div><div style="padding-left:8.5pt;text-indent:-9.01pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:60.244%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.042%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.404%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.404%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.406%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CASH, CASH BALANCES AT CENTRAL BANKS AND OTHER DEMAND DEPOSITS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash on hand</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,050</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,636</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,751</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash balances at central banks ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,856</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,306</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60,750</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other demand deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,931</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,202</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,916</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8.2</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,837</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">51,145</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">75,416</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:8.5pt;text-indent:-9.01pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) The variation is mainly due to the evolution of the balances held in the Bank of Spain.</span></div>
8050000000
8636000000
7751000000
42856000000
35306000000
60750000000
7931000000
7202000000
6916000000
58837000000
51145000000
75416000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:13.6pt">Financial assets and liabilities held for trading</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:10.15pt">Breakdown of the balance</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the consolidated balance sheets is as follows:</span></div><div style="padding-left:8.5pt;text-indent:-9.01pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:57.443%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.283%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.404%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.684%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.686%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AND LIABILITIES HELD FOR TRADING (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:1pt solid #001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;border-top:1pt solid #001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:1pt solid #001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:1pt solid #001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,551</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">36,003</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">34,293</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Equity instruments </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.2.2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,901</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,760</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,589</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">472</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">393</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">277</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other sectors</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,429</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,367</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,312</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.2.2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,846</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27,955</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">28,569</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Issued by central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">584</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">768</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">740</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Issued by public administrations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,222</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,671</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,766</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Issued by financial institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,411</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,665</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,824</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,628</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,852</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,239</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.2.2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">49,887</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">38,230</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">73,590</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">620</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">556</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,809</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reverse repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">620</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">556</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,809</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,985</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,938</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,599</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reverse repurchase agreements ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17,954</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20,918</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">56,569</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,282</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,736</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,182</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reverse repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">28,639</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,108</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13,615</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total assets</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8.1</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">123,185</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">108,948</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">141,042</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,345</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33,059</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33,045</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Short positions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,100</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,878</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,735</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deposits</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">48,472</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39,654</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">72,935</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from central banks </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,653</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,360</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,397</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,653</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,360</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,397</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,138</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,285</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,337</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17,652</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,994</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">42,676</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,681</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,010</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,201</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">26,600</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19,913</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23,157</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total liabilities</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8.1</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">91,917</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">86,591</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">121,715</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) The variation is mainly due to the evolution of "Reverse repurchase agreements" of BBVA, S.A. partially offset by the evolution of "Repurchase agreements" principally of BBVA, S.A.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:10pt;margin-top:10pt;padding-left:1.44pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As of December 31, 2025, 2024 and 2023 “Short positions” include €12,531 million, €13,010 million and €14,914 million, respectively, held with general governments. </span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:7.96pt">Derivatives </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The derivatives portfolio arises from the Group’s need to manage the risks it is exposed to in the normal course of business and also to market products amongst the Group’s customers. As of December 31, 2025, 2024 and 2023, most of the derivatives were mainly contracted in over-the-counter (OTC) markets, with counterparties, consisting primarily of credit institutions and other financial institutions. These derivatives are linked to foreign-exchange rate risk, interest rate risk and changes in equity instruments. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below is a breakdown by type of risk and market, of the fair value and notional amounts of financial derivatives recognized in the consolidated balance sheets, divided into organized and OTC markets:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:21.761%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.034%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.876%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.876%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.717%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.876%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.879%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DERIVATIVES BY TYPE OF RISK AND BY PRODUCT OR BY TYPE OF MARKET (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notional amount - Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notional amount - Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notional amount - Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Interest rate</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,040</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,573</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,948,476</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,588</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,627</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,951,022</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,251</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,171</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,741,629</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTC </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,034</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,536</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,923,960</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,579</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,622</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,930,657</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,248</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,167</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,722,314</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Organized market</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,516</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,365</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,315</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,447</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,439</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">94,665</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,944</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,303</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">75,045</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,587</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,723</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">70,804</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTC</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">997</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,724</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,328</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">682</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,347</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,612</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,212</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,551</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,038</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Organized market</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,450</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,714</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">53,337</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,261</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,956</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,433</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,375</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,172</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,767</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreign exchange and gold</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,150</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,507</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,012,015</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">21,060</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18,704</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">825,158</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,911</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,608</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">632,780</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTC</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,041</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,441</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">997,308</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,056</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,698</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">810,770</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,889</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,590</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">623,203</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Organized market</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">109</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,707</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,388</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,577</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Credit</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">790</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">756</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66,427</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">386</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">375</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">42,799</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">543</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">542</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,478</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit default swap</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">681</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">720</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">62,702</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">349</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">369</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,847</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">540</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">528</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,844</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit spread option</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total return swap</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">109</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,725</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,952</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,475</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">159</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Commodities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">124</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">70</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,521</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,939</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">169</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DERIVATIVES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,551</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,345</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,126,104</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">36,003</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33,059</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,895,964</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">34,293</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33,045</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,476,860</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: OTC - credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19,738</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19,538</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,840,752</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">26,039</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23,135</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,742,720</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23,998</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23,977</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,463,433</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: OTC - other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,387</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,336</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,004,652</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,383</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,212</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,914,640</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,042</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,412</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,815,162</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: OTC - other</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,862</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,655</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">185,799</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,306</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,744</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">166,402</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,854</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,461</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">147,310</span></div></td></tr></table></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the consolidated balance sheets is as follows:</span></div><div style="padding-left:8.5pt;text-indent:-9.01pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:57.443%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.283%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.404%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.684%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.686%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AND LIABILITIES HELD FOR TRADING (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;border-top:1pt solid #001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;border-top:1pt solid #001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:1pt solid #001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:1pt solid #001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,551</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">36,003</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">34,293</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Equity instruments </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.2.2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,901</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,760</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,589</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">472</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">393</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">277</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other sectors</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,429</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,367</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,312</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.2.2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,846</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27,955</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">28,569</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Issued by central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">584</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">768</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">740</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Issued by public administrations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,222</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,671</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,766</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Issued by financial institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,411</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,665</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,824</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,628</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,852</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,239</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.2.2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">49,887</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">38,230</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">73,590</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">620</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">556</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,809</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reverse repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">620</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">556</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,809</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,985</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,938</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,599</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reverse repurchase agreements ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17,954</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20,918</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">56,569</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,282</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,736</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,182</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reverse repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">28,639</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,108</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13,615</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total assets</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8.1</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">123,185</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">108,948</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">141,042</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives </span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,345</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33,059</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33,045</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Short positions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,100</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,878</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,735</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deposits</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">48,472</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39,654</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">72,935</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from central banks </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,653</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,360</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,397</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,653</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,360</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,397</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,138</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,285</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,337</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17,652</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,994</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">42,676</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,681</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,010</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,201</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">26,600</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19,913</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23,157</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total liabilities</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8.1</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">91,917</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">86,591</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">121,715</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) The variation is mainly due to the evolution of "Reverse repurchase agreements" of BBVA, S.A. partially offset by the evolution of "Repurchase agreements" principally of BBVA, S.A.</span></div>
32551000000
36003000000
34293000000
9901000000
6760000000
4589000000
472000000
393000000
277000000
9429000000
6367000000
4312000000
30846000000
27955000000
28569000000
584000000
768000000
740000000
27222000000
23671000000
24766000000
1411000000
1665000000
1824000000
1628000000
1852000000
1239000000
49887000000
38230000000
73590000000
620000000
556000000
2809000000
620000000
556000000
2809000000
17985000000
20938000000
56599000000
17954000000
20918000000
56569000000
31282000000
16736000000
14182000000
28639000000
15108000000
13615000000
123185000000
108948000000
141042000000
30345000000
33059000000
33045000000
13100000000
13878000000
15735000000
48472000000
39654000000
72935000000
3653000000
3360000000
6397000000
3653000000
3360000000
6397000000
18138000000
16285000000
43337000000
17652000000
15994000000
42676000000
26681000000
20010000000
23201000000
26600000000
19913000000
23157000000
91917000000
86591000000
121715000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below is a breakdown by type of risk and market, of the fair value and notional amounts of financial derivatives recognized in the consolidated balance sheets, divided into organized and OTC markets:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:21.761%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.034%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.211%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.876%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.876%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.717%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.876%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.879%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DERIVATIVES BY TYPE OF RISK AND BY PRODUCT OR BY TYPE OF MARKET (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notional amount - Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notional amount - Total</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notional amount - Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Interest rate</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,040</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,573</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,948,476</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,588</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,627</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,951,022</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,251</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,171</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,741,629</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTC </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,034</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,536</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,923,960</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,579</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,622</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,930,657</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,248</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,167</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,722,314</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Organized market</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,516</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,365</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,315</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Equity instruments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,447</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,439</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">94,665</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,944</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,303</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">75,045</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,587</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,723</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">70,804</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTC</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">997</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,724</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,328</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">682</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,347</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,612</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,212</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,551</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,038</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Organized market</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,450</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,714</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">53,337</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,261</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,956</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,433</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,375</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,172</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,767</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreign exchange and gold</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,150</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,507</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,012,015</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">21,060</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18,704</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">825,158</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,911</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,608</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">632,780</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTC</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,041</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,441</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">997,308</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,056</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,698</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">810,770</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,889</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,590</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">623,203</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Organized market</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">109</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,707</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,388</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,577</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Credit</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">790</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">756</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66,427</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">386</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">375</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">42,799</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">543</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">542</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,478</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit default swap</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">681</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">720</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">62,702</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">349</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">369</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,847</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">540</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">528</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,844</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit spread option</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total return swap</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">109</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,725</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,952</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,475</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">159</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Commodities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">124</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">70</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,521</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">25</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,939</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">169</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DERIVATIVES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,551</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30,345</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,126,104</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">36,003</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33,059</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,895,964</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">34,293</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33,045</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,476,860</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: OTC - credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19,738</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19,538</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,840,752</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">26,039</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23,135</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,742,720</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23,998</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23,977</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,463,433</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: OTC - other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,387</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,336</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,004,652</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,383</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,212</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,914,640</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,042</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,412</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,815,162</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: OTC - other</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,862</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,655</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">185,799</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,306</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,744</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">166,402</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,854</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,461</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">147,310</span></div></td></tr></table></div>
13040000000
9573000000
4948476000000
11588000000
9627000000
4951022000000
15251000000
13171000000
4741629000000
13034000000
9536000000
4923960000000
11579000000
9622000000
4930657000000
15248000000
13167000000
4722314000000
6000000
36000000
24516000000
10000000
4000000
20365000000
3000000
4000000
19315000000
3447000000
5439000000
94665000000
2944000000
4303000000
75045000000
2587000000
3723000000
70804000000
997000000
3724000000
41328000000
682000000
2347000000
38612000000
1212000000
2551000000
49038000000
2450000000
1714000000
53337000000
2261000000
1956000000
36433000000
1375000000
1172000000
21767000000
15150000000
14507000000
1012015000000
21060000000
18704000000
825158000000
15911000000
15608000000
632780000000
15041000000
14441000000
997308000000
21056000000
18698000000
810770000000
15889000000
15590000000
623203000000
109000000
66000000
14707000000
4000000
7000000
14388000000
22000000
18000000
9577000000
790000000
756000000
66427000000
386000000
375000000
42799000000
543000000
542000000
31478000000
681000000
720000000
62702000000
349000000
369000000
40847000000
540000000
528000000
29844000000
0
0
0
0
0
0
0
0
0
109000000
36000000
3725000000
37000000
0
1952000000
3000000
14000000
1475000000
0
0
0
0
6000000
0
0
0
159000000
124000000
70000000
4521000000
25000000
50000000
1939000000
1000000
1000000
169000000
32551000000
30345000000
6126104000000
36003000000
33059000000
5895964000000
34293000000
33045000000
5476860000000
19738000000
19538000000
1840752000000
26039000000
23135000000
1742720000000
23998000000
23977000000
1463433000000
6387000000
5336000000
4004652000000
3383000000
4212000000
3914640000000
5042000000
4412000000
3815162000000
3862000000
3655000000
185799000000
4306000000
3744000000
166402000000
3854000000
3461000000
147310000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:17.31pt">Non-trading financial assets mandatorily at fair value through profit or loss</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:56.403%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.122%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NON-TRADING FINANCIAL ASSETS MANDATORILY AT FAIR VALUE THROUGH PROFIT OR LOSS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.2.2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,539</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,782</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,963</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.2.2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">407</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">484</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.2.2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">541</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">358</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">290</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8.1</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,272</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,546</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,737</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The equity instruments included in this heading mainly comprised financial assets related to the insurance activity of the BBVA Group, including investments associated with life insurance products where the investment risk is assumed by the policyholder, such as the Unit-link products.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:56.403%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.122%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NON-TRADING FINANCIAL ASSETS MANDATORILY AT FAIR VALUE THROUGH PROFIT OR LOSS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.2.2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,539</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,782</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,963</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.2.2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">407</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">484</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.2.2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">541</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">358</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">290</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8.1</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,272</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,546</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,737</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div>
10539000000
9782000000
7963000000
192000000
407000000
484000000
541000000
358000000
290000000
11272000000
10546000000
8737000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:14.81pt">Financial assets and liabilities designated at fair value through profit or loss</span><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:56.403%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.122%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AND LIABILITIES DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.2.2</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,006</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">836</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">955</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total assets</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8.1</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,006</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">836</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">955</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">897</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">934</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">717</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,997</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,597</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,977</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial liabilities: Unit-linked products</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,524</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,420</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,605</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total liabilities</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8.1</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18,417</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,952</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,299</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This heading includes mainly liabilities linked to insurance products where the risk is assumed by the policyholder (Unit-link) products. Since the liabilities linked to insurance products in which the policyholder assumes the risk are valued the same way as the assets associated with such insurance products, there is no credit risk borne by the Group in relation to these liabilities.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, debt securities are included in these headings to reduce inconsistencies (asymmetries) in the valuation of such operations and those operations used to manage the risk associated with them.</span></div>
<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:56.403%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.122%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AND LIABILITIES DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.2.2</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,006</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">836</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">955</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total assets</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8.1</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,006</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">836</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">955</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">897</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">934</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">717</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,997</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,597</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,977</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial liabilities: Unit-linked products</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,524</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,420</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,605</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total liabilities</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8.1</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18,417</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,952</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,299</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div>
1006000000
836000000
955000000
1006000000
836000000
955000000
897000000
934000000
717000000
5997000000
4597000000
3977000000
11524000000
9420000000
8605000000
18417000000
14952000000
13299000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:14.7pt">Financial assets at fair value through other comprehensive income</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:11.11pt">Breakdown of the balance</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance of financial assets at fair value through other comprehensive income by type of financial instrument as of December 31, 2025, 2024 and 2023 is as follows:</span></div><div style="padding-left:8.5pt;text-align:justify;text-indent:-9.01pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:56.463%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.723%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.104%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.104%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.106%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.2.2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,360</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,451</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,217</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,001</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,526</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60,963</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.2.2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">448</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total ⁽¹⁾</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8.1</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,809</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,002</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">62,205</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: loss allowances of debt securities</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(45)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(112)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(84)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: loss allowances of loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(65)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) During financial years 2025, 2024 and 2023, there have been no significant reclassifications from the heading “Financial assets at fair value through other comprehensive income” to other headings or from other headings to “Financial assets at fair value through other comprehensive income”.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.92pt">Equity instruments</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading "Equity instruments" of the consolidated balance sheets as of December 31, 2025, 2024 and 2023 is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:46.305%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.431%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.431%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.433%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME. EQUITY INSTRUMENTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Listed equity instruments</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spanish companies shares</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">992</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,100</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">987</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign companies shares</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">131</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">131</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">111</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">27</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">33</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">The United States</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">85</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">79</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">52</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other countries</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal listed equity instruments</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,123</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,231</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,098</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unlisted equity instruments</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spanish companies shares</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">53</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign companies shares </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">184</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">174</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">106</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal unlisted equity instruments</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">237</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">220</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">119</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,360</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,451</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,217</span></td></tr></table></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.83pt">Debt securities</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading “Debt securities” of the consolidated financial statements as of December 31, 2025, 2024 and 2023, broken down by issuers, is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:46.305%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.431%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.431%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.433%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME. DEBT SECURITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024 </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Domestic debt securities</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government and other government agency</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,090</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,383</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,757</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">518</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">695</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">901</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">389</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">397</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">454</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal </span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,997</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,475</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,111</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreign debt securities</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">20,995</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">20,461</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">21,714</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government and other government agency</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,752</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,313</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,364</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">876</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">759</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">886</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">367</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">389</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">464</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">The United States</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,214</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,552</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,344</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government and other government agency</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,621</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,703</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,174</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,546</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,808</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,082</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,907</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,849</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,459</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government and other government agency</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,907</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,837</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,445</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other countries</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,888</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,190</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,336</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other foreign governments and government agency</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,277</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,059</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,961</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">370</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">508</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,204</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,921</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,895</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,199</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,840</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,971</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal </span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">46,004</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">46,052</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">45,852</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">57,001</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">57,526</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60,963</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The credit ratings of the issuers of debt securities as of December 31, 2025, 2024 and 2023 are as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:25.547%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.486%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.437%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.486%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.437%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.439%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEBT SECURITIES BY RATING</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024 </span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(Millions of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(Millions of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(Millions of euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AAA</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,015</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.5 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,370</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.4 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.6 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AA+</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,148</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,170</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.2 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,685</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AA</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">410</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">261</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">384</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.6 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AA-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,854</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,061</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.8 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">642</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.1 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A+</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,065</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.9 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">905</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.6 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,798</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,235</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,007</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,747</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.9 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,613</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.8 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,018</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20.9 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,009</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26.3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBB+</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,493</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43.0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,897</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34.6 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,854</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37.5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBB</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,586</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,212</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16.0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,327</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBB-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,640</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.9 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">922</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.6 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">858</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BB+ or below</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,916</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.6 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,227</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.1 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,480</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Unclassified</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">474</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.8 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">178</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">57,001</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100.0</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">57,526</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100.0</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60,963</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100.0</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td></tr></table></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.31pt">Gains/losses</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes in the gains/losses (net of taxes) in 2025, 2024 and 2023 of debt securities recognized under the equity heading “Accumulated other comprehensive income (loss) – Items that may be reclassified to profit or loss – Fair value changes of debt instruments measured at fair value through other comprehensive income” and equity instruments recognized under the equity heading “Accumulated other comprehensive income (loss) – Items that will not be reclassified to profit or loss –Fair value changes of equity instruments measured at fair value through other comprehensive income” in the consolidated balance sheets are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:31.158%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.717%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.717%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.717%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.717%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.717%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.722%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER COMPREHENSIVE INCOME - CHANGES IN GAINS (LOSSES) (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Debt securities</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Equity instruments</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning </span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(576)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(357)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(809)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(905)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,112)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,194)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Valuation gains and losses</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">96</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(568)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">659</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(76)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amounts transferred to income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">434</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">247</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amounts transferred to Reserves</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Income tax and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(163)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">101</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(211)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(209)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(576)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(357)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(983)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(905)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,112)</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2025, 2024 and 2023, equity instruments presented a €76 million loss, a €228 million gain and a €80 million gain, respectively, in the heading “Accumulated other comprehensive income (loss) - Items that will not be reclassified to profit and loss - Fair value changes of equity instruments measured at fair value through other comprehensive income”, mainly due to changes in Telefonica’s share price. Likewise, the valuations of debt securities have been affected mainly by the evolution of interest rates.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance of financial assets at fair value through other comprehensive income by type of financial instrument as of December 31, 2025, 2024 and 2023 is as follows:</span></div><div style="padding-left:8.5pt;text-align:justify;text-indent:-9.01pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:56.463%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.723%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.104%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.104%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.106%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.2.2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,360</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,451</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,217</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,001</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,526</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60,963</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.2.2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">448</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total ⁽¹⁾</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8.1</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,809</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,002</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">62,205</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: loss allowances of debt securities</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(45)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(112)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(84)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: loss allowances of loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(65)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) During financial years 2025, 2024 and 2023, there have been no significant reclassifications from the heading “Financial assets at fair value through other comprehensive income” to other headings or from other headings to “Financial assets at fair value through other comprehensive income”.</span></div>
1360000000
1451000000
1217000000
57001000000
57526000000
60963000000
448000000
25000000
26000000
58809000000
59002000000
62205000000
-45000000
-112000000
-84000000
-65000000
0
0
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading "Equity instruments" of the consolidated balance sheets as of December 31, 2025, 2024 and 2023 is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:46.305%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.431%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.431%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.433%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME. EQUITY INSTRUMENTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Listed equity instruments</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spanish companies shares</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">992</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,100</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">987</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign companies shares</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">131</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">131</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">111</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">27</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">33</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">The United States</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">85</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">79</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">52</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other countries</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal listed equity instruments</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,123</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,231</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,098</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Unlisted equity instruments</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spanish companies shares</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">53</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign companies shares </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">184</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">174</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">106</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal unlisted equity instruments</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">237</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">220</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">119</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,360</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,451</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,217</span></td></tr></table></div>
992000000
1100000000
987000000
131000000
131000000
111000000
19000000
27000000
33000000
85000000
79000000
52000000
4000000
9000000
6000000
22000000
17000000
20000000
1123000000
1231000000
1098000000
53000000
46000000
12000000
184000000
174000000
106000000
237000000
220000000
119000000
1360000000
1451000000
1217000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading “Debt securities” of the consolidated financial statements as of December 31, 2025, 2024 and 2023, broken down by issuers, is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:46.305%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.431%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.431%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.433%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME. DEBT SECURITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024 </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Domestic debt securities</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government and other government agency</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,090</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,383</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,757</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">518</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">695</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">901</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">389</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">397</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">454</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal </span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,997</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,475</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,111</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreign debt securities</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">20,995</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">20,461</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">21,714</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government and other government agency</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,752</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,313</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,364</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">876</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">759</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">886</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">367</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">389</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">464</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">The United States</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,214</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,552</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,344</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government and other government agency</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,621</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,703</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,174</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,546</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,808</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,082</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,907</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,849</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,459</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government and other government agency</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,907</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,837</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,445</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other countries</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,888</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,190</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,336</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other foreign governments and government agency</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,277</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,059</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,961</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">370</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">508</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,204</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,921</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,895</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,199</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,840</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,971</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal </span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">46,004</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">46,052</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">45,852</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">57,001</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">57,526</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60,963</span></td></tr></table></div>
10090000000
10383000000
13757000000
518000000
695000000
901000000
389000000
397000000
454000000
10997000000
11475000000
15111000000
20995000000
20461000000
21714000000
19752000000
19313000000
20364000000
876000000
759000000
886000000
367000000
389000000
464000000
6214000000
6552000000
6344000000
3621000000
3703000000
3174000000
48000000
41000000
88000000
2546000000
2808000000
3082000000
2907000000
2849000000
2459000000
2907000000
2837000000
2445000000
0
12000000
14000000
15888000000
16190000000
15336000000
10277000000
10059000000
8961000000
208000000
370000000
508000000
2204000000
1921000000
1895000000
3199000000
3840000000
3971000000
46004000000
46052000000
45852000000
57001000000
57526000000
60963000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The credit ratings of the issuers of debt securities as of December 31, 2025, 2024 and 2023 are as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:25.547%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.486%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.437%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.486%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.437%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.346%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.439%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEBT SECURITIES BY RATING</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024 </span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(Millions of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(Millions of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(Millions of euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AAA</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,015</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.5 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,370</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.4 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,000</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.6 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AA+</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,148</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,170</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.2 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,685</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AA</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">410</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">261</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">384</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.6 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AA-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,854</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,061</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.8 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">642</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.1 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A+</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,065</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.9 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">905</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.6 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,798</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,235</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,007</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,747</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.9 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,613</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.8 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,018</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20.9 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,009</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26.3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBB+</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,493</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43.0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,897</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34.6 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,854</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37.5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBB</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,586</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,212</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16.0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,327</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBB-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,640</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.9 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">922</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.6 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">858</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BB+ or below</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,916</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.6 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,227</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.1 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,480</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Unclassified</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">474</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.8 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">178</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">57,001</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100.0</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">57,526</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100.0</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60,963</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100.0</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td></tr></table></div>
2015000000
0.035
1370000000
0.024
1000000000
0.016
4148000000
0.073
4170000000
0.072
3685000000
0.060
410000000
0.007
261000000
0.005
384000000
0.006
1854000000
0.033
1061000000
0.018
642000000
0.011
1065000000
0.019
905000000
0.016
1798000000
0.030
11235000000
0.197
2007000000
0.035
1747000000
0.029
1613000000
0.028
12018000000
0.209
16009000000
0.263
24493000000
0.430
19897000000
0.346
22854000000
0.375
3586000000
0.063
9212000000
0.160
8327000000
0.137
1640000000
0.029
922000000
0.016
858000000
0.014
4916000000
0.086
5227000000
0.091
3480000000
0.057
27000000
0.000
474000000
0.008
178000000
0.003
57001000000
1.000
57526000000
1.000
60963000000
1.000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes in the gains/losses (net of taxes) in 2025, 2024 and 2023 of debt securities recognized under the equity heading “Accumulated other comprehensive income (loss) – Items that may be reclassified to profit or loss – Fair value changes of debt instruments measured at fair value through other comprehensive income” and equity instruments recognized under the equity heading “Accumulated other comprehensive income (loss) – Items that will not be reclassified to profit or loss –Fair value changes of equity instruments measured at fair value through other comprehensive income” in the consolidated balance sheets are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:31.158%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.717%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.717%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.717%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.717%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.717%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.722%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER COMPREHENSIVE INCOME - CHANGES IN GAINS (LOSSES) (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Debt securities</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Equity instruments</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning </span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(576)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(357)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(809)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(905)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,112)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,194)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Valuation gains and losses</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">96</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(568)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">659</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(76)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amounts transferred to income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">434</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">247</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amounts transferred to Reserves</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Income tax and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(163)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">101</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(211)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(209)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(576)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(357)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(983)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(905)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,112)</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2025, 2024 and 2023, equity instruments presented a €76 million loss, a €228 million gain and a €80 million gain, respectively, in the heading “Accumulated other comprehensive income (loss) - Items that will not be reclassified to profit and loss - Fair value changes of equity instruments measured at fair value through other comprehensive income”, mainly due to changes in Telefonica’s share price. Likewise, the valuations of debt securities have been affected mainly by the evolution of interest rates.</span></div>
-576000000
-357000000
-809000000
-905000000
-1112000000
-1194000000
96000000
-568000000
659000000
-76000000
228000000
80000000
434000000
247000000
5000000
1000000
0
2000000
-163000000
101000000
-211000000
-3000000
-20000000
-1000000
-209000000
-576000000
-357000000
-983000000
-905000000
-1112000000
-76000000
228000000
80000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:14.1pt">Financial assets at amortized cost</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:10.59pt">Breakdown of the balance</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated balance sheets, according to the nature of the financial instrument, is as follows:</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:51.923%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.213%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.124%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AT AMORTIZED COST (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Debt securities</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">73,379</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,014</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">49,462</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,598</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65,868</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">54,806</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45,124</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,914</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,459</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,366</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">701</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">451</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">923</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,297</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,292</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,027</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to central banks</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,869</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,255</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,151</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,244</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,655</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,477</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,120</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,157</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,786</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,123</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,497</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,690</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.2.2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">460,401</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">412,477</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">377,643</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,905</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,111</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,265</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,522</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,497</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,251</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">217,390</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">193,386</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171,063</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">193,583</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179,483</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">170,063</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8.2</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">568,893</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">502,400</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">451,732</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: impaired assets of loans and advances to customers</span></div></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7.2.2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,346</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,211</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,444</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: loss allowances of loans and advances</span></div></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7.2.5</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(12,329)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(11,630)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(11,316)</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: loss allowances of debt securities</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(49)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(57)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(82)</span></div></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During 2025, the Group made a payment corresponding to the Interest Margin and Commission Tax (“IMIC”, by its acronym in Spanish) for the year ended December 31, 2024, regulated by the Ninth Final Provision of Law 7/2024. However, given that such payment was made but considered undue with respect to such year under the existing legal framework, as of December 31, 2025, an asset for the amount disbursed (€295 million) was recorded under the “General governments” heading within the "Financial assets at amortized cost - Loans and advances to customers" item in the balance sheet. </span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.4pt">Debt securities </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading “Debt securities” in the consolidated balance sheets, according to the issuer of the debt securities, is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:46.305%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.431%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.431%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.433%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AT AMORTIZED COST. DEBT SECURITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Domestic debt securities</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government and other government agencies</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39,252</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,664</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,857</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,108</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,099</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,028</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">404</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">367</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">230</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">40,764</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">37,130</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27,114</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreign debt securities</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,701</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,139</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,277</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government and other government agencies</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,142</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,076</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,205</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,519</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">The United States</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,282</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,505</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,229</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government and other government agencies</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,244</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,463</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,188</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,288</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,764</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,284</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government and other government agencies</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,251</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,622</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,167</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">135</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">109</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other countries</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18,345</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,476</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,558</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other foreign governments and other government agency</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,980</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,982</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,707</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">79</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,738</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,269</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,239</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,548</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,219</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,591</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,615</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">21,884</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,348</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">73,379</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,014</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">49,462</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, the distribution according to the credit quality (ratings) of the issuers of debt securities classified as financial assets at amortized cost, was as follows:</span></div><div style="padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:32.936%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.198%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.362%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.198%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.362%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.202%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEBT SECURITIES BY RATING</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(Millions of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(Millions of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(Millions of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AAA</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,703</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.7 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,907</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.2 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,829</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.7 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AA+</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,242</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.4 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,418</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.8 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,096</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AA</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">142</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AA-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,362</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A+</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">569</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.8 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,936</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">497</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.8 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">444</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.9 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,014</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,652</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,739</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50.0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBB+</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,160</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.8 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,518</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,615</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.4 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBB</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,170</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.6 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,105</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,551</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.2 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBB-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,856</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">890</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">548</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.1 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BB+ or below</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.2 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,199</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.2 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,642</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.4 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Unclassified</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">341</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">711</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">772</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.6 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">73,379</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100.0</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,014</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100.0</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">49,462</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100.0</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></td></tr></table></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.31pt">Loans and advances to customers</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The breakdown of the balance under this heading in the consolidated balance sheets, according to their nature, is as follows:</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:59.237%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.123%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES TO CUSTOMERS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On demand and short notice</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,192</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,307</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,040</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit card debt</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,651</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,720</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,889</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trade receivables</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,291</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,693</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,096</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,610</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,125</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,463</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">743</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">262</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other term loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">371,054</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">331,451</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">312,186</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advances that are not loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,861</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,919</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,877</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">460,401</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">412,477</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">377,643</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table sets forth a breakdown of the gross carrying amount "Loans and advances to customers" with maturity greater than one year by fixed and variable rate as of December 31, 2025, 2024 and 2023: </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:24.846%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.057%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES MATURING IN MORE THAN ONE YEAR BY FIXED AND VARIABLE RATE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Domestic</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreign</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Domestic</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreign</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Domestic</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreign</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fixed rate</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76,871</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95,806</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">172,677</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">67,284</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85,473</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">152,757</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63,060</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">77,381</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">140,441</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Variable rate</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59,584</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,950</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">141,534</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">62,359</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65,493</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">127,851</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66,188</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">61,723</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">127,911</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">136,454</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">177,757</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">314,211</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">129,642</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">150,966</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">280,608</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">129,248</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">139,104</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">268,352</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As of December 31, 2025, 2024 and 2023, 55%, 54% and 52%, respectively, of "Loans and advances to customers" with maturity greater than one year have fixed-interest rates and 45%, 46% and 48%, respectively, have variable interest rates.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">This heading also includes certain loans that have been securitized. The balances recognized in the consolidated balance sheets corresponding to these securitized loans are as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:61.452%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.384%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SECURITIZED LOANS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securitized mortgage assets</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,408</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,537</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,406</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other securitized assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,662</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,702</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,493</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">26,070</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">28,239</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">28,899</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div>The heading Loans and advances to customers includes a non-significant deposit with the Bank of France associated with the contribution to the Single Resolution Fund for the years 2018, 2017 and 2016, which was made in the form of an irrevocable payment commitment.
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated balance sheets, according to the nature of the financial instrument, is as follows:</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:51.923%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.213%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.124%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AT AMORTIZED COST (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Debt securities</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">73,379</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,014</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">49,462</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,598</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65,868</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">54,806</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45,124</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,914</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,459</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,366</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">701</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">451</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">923</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,297</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,292</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,027</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to central banks</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,869</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,255</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,151</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to credit institutions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,244</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,655</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,477</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,120</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,157</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,786</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,123</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,497</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,690</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loans and advances to customers</span></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.2.2</span></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">460,401</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">412,477</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">377,643</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,905</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,111</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,265</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,522</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,497</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,251</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">217,390</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">193,386</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171,063</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">193,583</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179,483</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">170,063</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8.2</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">568,893</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">502,400</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">451,732</span></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: impaired assets of loans and advances to customers</span></div></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7.2.2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,346</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,211</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,444</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: loss allowances of loans and advances</span></div></td><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7.2.5</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(12,329)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(11,630)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(11,316)</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: loss allowances of debt securities</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(49)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(57)</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(82)</span></div></td></tr></table></div>
73379000000
59014000000
49462000000
1598000000
6000000
22000000
65868000000
54806000000
45124000000
3914000000
2459000000
2366000000
701000000
451000000
923000000
1297000000
1292000000
1027000000
10869000000
8255000000
7151000000
24244000000
22655000000
17477000000
8120000000
9157000000
5786000000
16123000000
13497000000
11690000000
460401000000
412477000000
377643000000
25905000000
22111000000
23265000000
23522000000
17497000000
13251000000
217390000000
193386000000
171063000000
193583000000
179483000000
170063000000
568893000000
502400000000
451732000000
14346000000
14211000000
14444000000
12329000000
11630000000
11316000000
49000000
57000000
82000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:46.305%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.431%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.431%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:16.433%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL ASSETS AT AMORTIZED COST. DEBT SECURITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Domestic debt securities</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government and other government agencies</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39,252</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,664</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,857</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,108</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,099</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,028</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">404</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">367</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">230</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">40,764</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">37,130</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27,114</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreign debt securities</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,701</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,139</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,277</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government and other government agencies</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,142</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,076</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,205</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,519</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">The United States</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,282</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,505</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,229</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government and other government agencies</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,244</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,463</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,188</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,288</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,764</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,284</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Government and other government agencies</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,251</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,622</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,167</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">135</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">109</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other countries</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18,345</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,476</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,558</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other foreign governments and other government agency</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,980</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,982</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,707</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">79</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,738</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,269</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,239</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other issuers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,548</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,219</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,591</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,615</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">21,884</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,348</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">73,379</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,014</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">49,462</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div>
39252000000
35664000000
25857000000
1108000000
1099000000
1028000000
404000000
367000000
230000000
40764000000
37130000000
27114000000
6701000000
4139000000
6277000000
5142000000
4076000000
6205000000
1519000000
0
0
40000000
63000000
72000000
0
0
0
2282000000
2505000000
2229000000
2244000000
2463000000
2188000000
21000000
20000000
19000000
17000000
22000000
21000000
5288000000
6764000000
6284000000
5251000000
6622000000
6167000000
8000000
7000000
8000000
29000000
135000000
109000000
18345000000
8476000000
7558000000
13980000000
5982000000
4707000000
79000000
6000000
22000000
2738000000
1269000000
1239000000
1548000000
1219000000
1591000000
32615000000
21884000000
22348000000
73379000000
59014000000
49462000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, the distribution according to the credit quality (ratings) of the issuers of debt securities classified as financial assets at amortized cost, was as follows:</span></div><div style="padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:32.936%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.198%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.362%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.198%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.362%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.202%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEBT SECURITIES BY RATING</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(Millions of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(Millions of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(Millions of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AAA</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,703</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.7 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,907</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.2 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,829</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.7 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AA+</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,242</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.4 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,418</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.8 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,096</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AA</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">142</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.3 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AA-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,362</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A+</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">569</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.8 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,936</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">497</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.8 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">444</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.9 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,014</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,652</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,739</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50.0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBB+</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,160</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.8 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,518</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.7 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,615</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.4 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBB</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,170</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.6 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,105</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,551</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.2 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBB-</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,856</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">890</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">548</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.1 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BB+ or below</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,027</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.2 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,199</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.2 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,642</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.4 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Unclassified</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">341</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">711</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">772</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.6 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">73,379</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100.0</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,014</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100.0</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">49,462</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">100.0</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">%</span></td></tr></table></div>
2703000000
0.037
1907000000
0.032
1829000000
0.037
3242000000
0.044
3418000000
0.058
3096000000
0.063
0
0
69000000
0.001
142000000
0.003
7362000000
0.100
1027000000
0.017
60000000
0.001
569000000
0.008
22000000
0
25000000
0.001
37936000000
0.517
497000000
0.008
444000000
0.009
2014000000
0.027
34652000000
0.587
24739000000
0.500
10160000000
0.138
4518000000
0.077
6615000000
0.134
1170000000
0.016
4105000000
0.070
4551000000
0.092
1856000000
0.025
890000000
0.015
548000000
0.011
6027000000
0.082
7199000000
0.122
6642000000
0.134
341000000
0.005
711000000
0.012
772000000
0.016
73379000000
1.000
59014000000
1.000
49462000000
1.000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The breakdown of the balance under this heading in the consolidated balance sheets, according to their nature, is as follows:</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:59.237%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.123%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES TO CUSTOMERS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On demand and short notice</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,192</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,307</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,040</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit card debt</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,651</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,720</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,889</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trade receivables</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,291</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,693</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,096</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,610</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,125</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,463</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reverse repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">743</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">262</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other term loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">371,054</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">331,451</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">312,186</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advances that are not loans</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,861</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,919</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,877</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">460,401</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">412,477</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">377,643</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div>
6192000000
5307000000
3040000000
30651000000
27720000000
22889000000
34291000000
31693000000
25096000000
10610000000
10125000000
9463000000
743000000
262000000
92000000
371054000000
331451000000
312186000000
6861000000
5919000000
4877000000
460401000000
412477000000
377643000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table sets forth a breakdown of the gross carrying amount "Loans and advances to customers" with maturity greater than one year by fixed and variable rate as of December 31, 2025, 2024 and 2023: </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:24.846%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.057%"></td><td style="width:0.1%"></td></tr><tr><td colspan="36" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LOANS AND ADVANCES MATURING IN MORE THAN ONE YEAR BY FIXED AND VARIABLE RATE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Domestic</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreign</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Domestic</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreign</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Domestic</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreign</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fixed rate</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76,871</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95,806</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">172,677</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">67,284</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85,473</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">152,757</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63,060</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">77,381</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">140,441</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Variable rate</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59,584</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,950</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">141,534</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">62,359</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65,493</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">127,851</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66,188</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">61,723</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">127,911</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">136,454</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">177,757</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">314,211</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">129,642</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">150,966</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">280,608</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">129,248</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">139,104</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">268,352</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div>
76871000000
95806000000
172677000000
67284000000
85473000000
152757000000
63060000000
77381000000
140441000000
59584000000
81950000000
141534000000
62359000000
65493000000
127851000000
66188000000
61723000000
127911000000
136454000000
177757000000
314211000000
129642000000
150966000000
280608000000
129248000000
139104000000
268352000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">This heading also includes certain loans that have been securitized. The balances recognized in the consolidated balance sheets corresponding to these securitized loans are as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:61.452%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.384%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SECURITIZED LOANS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securitized mortgage assets</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,408</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,537</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,406</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other securitized assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,662</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,702</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,493</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">26,070</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">28,239</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">28,899</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div>
17408000000
19537000000
20406000000
8662000000
8702000000
8493000000
26070000000
28239000000
28899000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:14.88pt">Derivatives – Hedge accounting and fair value changes of the hedged items in portfolio hedges of interest rate risk</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance of these headings in the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:59.348%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.083%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.083%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.086%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DERIVATIVES – HEDGE ACCOUNTING AND FAIR VALUE CHANGES OF THE HEDGED ITEMS IN PORTFOLIO HEDGE OF INTEREST RATE RISK (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives - Hedge accounting</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">570</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,158</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,482</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of the hedged items in portfolio hedges of interest rate risk</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(87)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(65)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(97)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives - Hedge accounting</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,933</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,503</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,625</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of the hedged items in portfolio hedges of interest rate risk</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, the main positions hedged by the Group and the derivatives designated to hedge those positions were:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Fair value hedging:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:56.69pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">a.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.67pt">Fixed-interest debt securities at fair value through other comprehensive income and at amortized cost: the interest rate risk of these debt securities is hedged using interest rate derivatives (fixed-variable swaps) and forward sales.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:56.69pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">b.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">Long-term fixed-interest debt certificates issued by the Bank: the interest rate risk of these debt securities is hedged using interest rate derivatives (fixed-variable swaps).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:56.69pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">c.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.82pt">Fixed-interest loans: the equity price risk of these instruments is hedged using interest rate derivatives (fixed-variable swaps).</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:56.69pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">d.</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:10.26pt">Fixed-interest and/or embedded derivative deposit portfolio hedges: it covers the interest rate risk through fixed-variable swaps. The valuation of the borrowed deposits corresponding to the interest rate risk is in the heading "Fair value changes of the hedged items in portfolio hedges of interest rate risk”.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Cash flow hedges: most of the hedged items are floating interest rate loans and asset hedges linked to the inflation of the amortized cost portfolio and the financial assets at fair value through other comprehensive income portfolio. This risk is hedged using foreign-exchange, interest rate swaps, inflation and FRA ("Forward Rate Agreement"). </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Net foreign-currency investment hedges: these hedged risks are foreign-currency investments in the Group’s foreign subsidiaries. This risk is hedged mainly with foreign-exchange options and forward currency sales and purchases (see Note 30).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Note 7 analyzes the Group’s main risks that are hedged using these financial instruments.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The details of the net positions by hedged risk of the fair value of the hedging derivatives used by the Group as of December 31, 2025, 2024 and 2023, and which are recorded under the headings of "Derivatives - hedge accounting" of both assets and liabilities of the consolidated balance sheet are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:38.030%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.741%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DERIVATIVES - HEDGE ACCOUNTING. BREAKDOWN BY TYPE OF RISK AND TYPE OF HEDGE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Interest rate</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">329</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">162</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">257</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">344</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">422</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">364</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTC </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">329</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">162</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">257</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">344</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">422</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">364</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Organized market </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Equity</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTC </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Organized market</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreign exchange and gold</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">139</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">73</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">93</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">221</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTC</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">139</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">93</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">221</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Organized market</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Credit</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Commodities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FAIR VALUE HEDGES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">355</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">302</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">330</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">437</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">644</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">395</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Interest rate</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">91</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,215</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">618</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,513</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">490</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,048</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTC </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,212</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">615</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,513</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">483</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,048</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Organized market</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Equity</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreign exchange and gold</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">115</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">216</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">142</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">431</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">291</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">41</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTC </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">115</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">216</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">142</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">431</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">291</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Organized market</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Credit</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Commodities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CASH FLOW HEDGES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">206</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,431</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">760</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,944</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">781</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,089</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HEDGE OF NET INVESTMENTS IN A FOREIGN OPERATION</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">200</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">122</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">136</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PORTFOLIO FAIR VALUE HEDGES OF INTEREST RATE RISK</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PORTFOLIO CASH FLOW HEDGES OF INTEREST RATE RISK</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DERIVATIVES-HEDGE ACCOUNTING</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">570</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,933</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,158</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,503</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,482</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,625</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">of which: <br/>OTC - credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">538</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,554</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">932</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,005</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,237</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,404</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">of which: <br/>OTC - other financial corporations</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">343</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">223</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">499</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">237</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">221</span></div></td></tr></table></div><div style="margin-bottom:8pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below there is a breakdown of the items covered by fair value hedges (mainly for the interest rates hedging) for years 2025 and 2024:</span></div><div style="margin-bottom:8pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:51.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.861%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HEDGED ITEMS AND HEDGES. DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:21pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Notional</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Hedged item amount</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Accumulated fair value adjustments on the hedged item</span></td><td colspan="3" style="display:none"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount of the hedging instrument</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:57pt"><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value hedges</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">69,514</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">68,884</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(507)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">357</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">303</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets measured at fair value through other comprehensive income</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,948</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,246</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(346)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">43</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,632</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,945</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(336)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">250</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">231</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(14)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">71</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets measured at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,190</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,993</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(163)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">165</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,758</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,619</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(86)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">158</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,432</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,375</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(77)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities measured at amortized costs</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">47,376</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">47,645</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">281</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">126</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,287</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,408</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">218</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,089</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,237</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(46)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:8pt;text-indent:36pt"><span><br/></span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:51.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.861%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HEDGED ITEMS AND HEDGES. DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:21pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Notional</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Hedged item amount</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Accumulated fair value adjustments on the hedged item</span></td><td colspan="3" style="display:none"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount of the hedging instrument</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:57pt"><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value hedges</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,371</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,230</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(329)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">330</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">437</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets measured at fair value through other comprehensive income</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,559</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,157</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(409)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">109</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">29</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,559</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,157</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(409)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">109</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets measured at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,934</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,792</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">116</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,860</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,757</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(48)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,074</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,035</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities measured at amortized costs</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,878</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45,281</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">96</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">292</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,209</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,536</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">172</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">281</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,669</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,745</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(76)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">97</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:8.5pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2025 and 2024, the inefficiencies of the fair value hedges amounted to €0 and €8 million, respectively, and are recognized in the " Gains (losses) from hedge accounting, net " item of the consolidated income statement. (See Note 41).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below is a breakdown of the items covered by cash flow hedges (mainly for the interest rates hedging) for years 2025 and 2024:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:50.793%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.016%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.703%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HEDGED ITEMS AND HEDGES. DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:36pt"><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Notional</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Hedged item amount</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Carrying amount of the hedging instrument</span></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Profit (loss) recognized in Other Comprehensive Income</span></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash flow hedges</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">38,377</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39,854</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">206</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,431</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">281</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets measured at fair value through other comprehensive income</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,905</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,050</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">142</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">303</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,905</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,050</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">142</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">303</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets measured at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33,861</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">35,188</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,057</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">326</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,432</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,759</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,057</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">317</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,429</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,429</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities measured at amortized costs</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,611</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,616</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">72</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(105)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,280</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,285</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(38)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">330</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">332</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(67)</span></div></td></tr></table></div><div style="margin-bottom:3pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:51.214%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.016%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.702%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HEDGED ITEMS AND HEDGES. DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:-13.5pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Notional</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Hedged item amount</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Carrying amount of the hedging instrument</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Profit (loss) recognized in Other Comprehensive Income</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash flow hedges</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39,687</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">40,805</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">760</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,944</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">306</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets measured at fair value through other comprehensive income</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,941</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,078</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">445</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,892</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">235</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,941</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,078</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">445</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,892</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">235</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets measured at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,308</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,287</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">240</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">82</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,308</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,287</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">240</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities measured at amortized costs</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,438</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,440</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">75</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(8)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,235</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,237</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">75</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">203</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">203</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2025 and 2024, the inefficiencies of the cash flow hedges amounted to €-2 and €-3 million, respectively, and are recognized in the " Gains (losses) from hedge accounting, net " item of the consolidated income statement. (See Note 41).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below is a breakdown of the items covered by foreign currency hedges for the years 2025 and 2024:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:33.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.309%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:15.309%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.309%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.312%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HEDGED ITEMS AND HEDGES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:29pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Carrying amount of the hedged item</span></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Hedge of net investments in foreign operations (effective portion)</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Carrying amount of the hedging instrument</span></td></tr><tr style="height:29pt"><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Assets</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Liabilities</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Hedge of net investments in foreign operations 2025</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">35,760</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(3,117)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">200</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Hedge of net investments in foreign operations 2024</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,820</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,329)</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">122</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> </span></div><div style="margin-top:6pt;text-indent:-9.01pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025 and 2024, no inefficiencies were recorded in the hedge of net investments in foreign transactions</span><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:14.00pt">.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following is the breakdown, by their notional maturities, of the hedging instruments as of December 31, 2025:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:49.110%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.862%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CALENDAR OF THE NOTIONAL MATURITIES OF THE HEDGING INSTRUMENTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 3 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">From 3 months to 1 year</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">From 1 to 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">More than 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FAIR VALUE HEDGES</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,701</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,373</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">25,342</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">19,101</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66,516</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Interest rate</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,490</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,865</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">24,980</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18,763</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">65,099</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CASH FLOW HEDGES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,883</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,300</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,197</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,901</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">38,281</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Interest rate</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,883</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,300</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20,190</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,411</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">33,784</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HEDGE OF NET INVESTMENTS IN A FOREIGN OPERATION</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,535</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,215</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,750</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PORTFOLIO FAIR VALUE HEDGES OF INTEREST RATE RISK</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">250</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">582</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,255</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,901</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,988</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PORTFOLIO CASH FLOW HEDGES OF INTEREST RATE RISK</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #001391;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DERIVATIVES-HEDGE ACCOUNTING</span></td><td colspan="3" style="border-bottom:0.5pt solid #001391;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,369</span></td><td colspan="3" style="border-bottom:0.5pt solid #001391;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27,470</span></td><td colspan="3" style="border-bottom:0.5pt solid #001391;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50,794</span></td><td colspan="3" style="border-bottom:0.5pt solid #001391;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,903</span></td><td colspan="3" style="border-bottom:0.5pt solid #001391;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">127,535</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2025, 2024 and 2023, there was no reclassification in the consolidated income statements of any amount that was previously recognized in equity (see Note 41). The amount of the derivatives designated as accounting hedges that did not pass the effectiveness test in the years ended December 31, 2025, 2024 and 2023 was not material.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance of these headings in the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:59.348%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.083%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.083%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.086%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DERIVATIVES – HEDGE ACCOUNTING AND FAIR VALUE CHANGES OF THE HEDGED ITEMS IN PORTFOLIO HEDGE OF INTEREST RATE RISK (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives - Hedge accounting</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">570</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,158</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,482</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of the hedged items in portfolio hedges of interest rate risk</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(87)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(65)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(97)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Derivatives - Hedge accounting</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,933</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,503</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,625</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of the hedged items in portfolio hedges of interest rate risk</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr></table></div>
570000000
1158000000
1482000000
-87000000
-65000000
-97000000
1933000000
2503000000
2625000000
0
0
0
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The details of the net positions by hedged risk of the fair value of the hedging derivatives used by the Group as of December 31, 2025, 2024 and 2023, and which are recorded under the headings of "Derivatives - hedge accounting" of both assets and liabilities of the consolidated balance sheet are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:38.030%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.741%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DERIVATIVES - HEDGE ACCOUNTING. BREAKDOWN BY TYPE OF RISK AND TYPE OF HEDGE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Interest rate</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">329</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">162</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">257</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">344</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">422</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">364</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTC </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">329</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">162</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">257</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">344</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">422</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">364</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Organized market </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Equity</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTC </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Organized market</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreign exchange and gold</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">139</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">73</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">93</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">221</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTC</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">139</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">93</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">221</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Organized market</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Credit</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Commodities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FAIR VALUE HEDGES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">355</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">302</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">330</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">437</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">644</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">395</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Interest rate</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">91</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,215</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">618</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,513</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">490</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,048</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTC </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,212</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">615</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,513</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">483</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,048</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Organized market</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Equity</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreign exchange and gold</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">115</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">216</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">142</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">431</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">291</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">41</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OTC </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">115</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">216</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">142</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">431</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">291</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Organized market</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Credit</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Commodities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CASH FLOW HEDGES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">206</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,431</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">760</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,944</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">781</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,089</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HEDGE OF NET INVESTMENTS IN A FOREIGN OPERATION</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">200</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">122</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">136</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PORTFOLIO FAIR VALUE HEDGES OF INTEREST RATE RISK</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PORTFOLIO CASH FLOW HEDGES OF INTEREST RATE RISK</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DERIVATIVES-HEDGE ACCOUNTING</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">570</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,933</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,158</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,503</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,482</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,625</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">of which: <br/>OTC - credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">538</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,554</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">932</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,005</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,237</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,404</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">of which: <br/>OTC - other financial corporations</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">343</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">223</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">499</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">237</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">221</span></div></td></tr></table></div>
329000000
162000000
257000000
344000000
422000000
364000000
329000000
162000000
257000000
344000000
422000000
364000000
0
0
0
0
0
0
18000000
1000000
0
0
0
0
18000000
1000000
0
0
0
0
0
0
0
0
0
0
8000000
139000000
73000000
93000000
221000000
31000000
8000000
139000000
73000000
93000000
221000000
31000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
355000000
302000000
330000000
437000000
644000000
395000000
91000000
1215000000
618000000
1513000000
490000000
2048000000
91000000
1212000000
615000000
1513000000
483000000
2048000000
0
3000000
3000000
0
7000000
0
0
0
0
0
0
0
115000000
216000000
142000000
431000000
291000000
41000000
115000000
216000000
142000000
431000000
291000000
41000000
0
0
0
0
0
1000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
206000000
1431000000
760000000
1944000000
781000000
2089000000
7000000
200000000
66000000
122000000
27000000
136000000
2000000
0
2000000
0
3000000
5000000
0
0
0
0
27000000
0
570000000
1933000000
1158000000
2503000000
1482000000
2625000000
538000000
1554000000
932000000
2005000000
1237000000
2404000000
24000000
343000000
223000000
499000000
237000000
221000000
<div style="margin-bottom:8pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below there is a breakdown of the items covered by fair value hedges (mainly for the interest rates hedging) for years 2025 and 2024:</span></div><div style="margin-bottom:8pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:51.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.861%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HEDGED ITEMS AND HEDGES. DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:21pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Notional</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Hedged item amount</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Accumulated fair value adjustments on the hedged item</span></td><td colspan="3" style="display:none"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount of the hedging instrument</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:57pt"><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value hedges</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">69,514</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">68,884</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(507)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">357</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">303</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets measured at fair value through other comprehensive income</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,948</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,246</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(346)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">43</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,632</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,945</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(336)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">250</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">231</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(14)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">71</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets measured at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,190</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,993</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(163)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">165</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,758</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,619</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(86)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">158</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,432</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,375</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(77)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities measured at amortized costs</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">47,376</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">47,645</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">281</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">126</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,287</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,408</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">218</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,089</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,237</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(46)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:8pt;text-indent:36pt"><span><br/></span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:51.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.861%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HEDGED ITEMS AND HEDGES. DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:21pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Notional</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Hedged item amount</span></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Accumulated fair value adjustments on the hedged item</span></td><td colspan="3" style="display:none"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Carrying amount of the hedging instrument</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:57pt"><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Fair value hedges</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">59,371</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,230</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(329)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">330</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">437</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets measured at fair value through other comprehensive income</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,559</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,157</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(409)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">109</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">29</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,559</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,157</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(409)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">109</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets measured at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,934</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,792</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">116</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,860</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,757</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(48)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,074</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,035</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities measured at amortized costs</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,878</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45,281</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">96</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">292</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,209</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,536</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">172</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">281</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,669</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,745</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(76)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">97</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div>
69514000000
68884000000
-507000000
357000000
303000000
7948000000
7246000000
-346000000
43000000
12000000
7632000000
6945000000
-336000000
22000000
6000000
250000000
231000000
-14000000
18000000
1000000
66000000
71000000
4000000
2000000
5000000
14190000000
13993000000
-163000000
33000000
165000000
8758000000
8619000000
-86000000
19000000
158000000
5432000000
5375000000
-77000000
14000000
7000000
47376000000
47645000000
2000000
281000000
126000000
42287000000
42408000000
48000000
218000000
125000000
5089000000
5237000000
-46000000
63000000
1000000
59371000000
58230000000
-329000000
330000000
437000000
9559000000
8157000000
-409000000
109000000
29000000
9559000000
8157000000
-409000000
109000000
29000000
4934000000
4792000000
-16000000
49000000
116000000
3860000000
3757000000
-48000000
47000000
102000000
1074000000
1035000000
32000000
2000000
14000000
44878000000
45281000000
96000000
171000000
292000000
42209000000
42536000000
172000000
74000000
281000000
2669000000
2745000000
-76000000
97000000
11000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2025 and 2024, the inefficiencies of the fair value hedges amounted to €0 and €8 million, respectively, and are recognized in the " Gains (losses) from hedge accounting, net " item of the consolidated income statement. (See Note 41).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below is a breakdown of the items covered by cash flow hedges (mainly for the interest rates hedging) for years 2025 and 2024:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:50.793%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.016%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.703%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HEDGED ITEMS AND HEDGES. DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:36pt"><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Notional</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Hedged item amount</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Carrying amount of the hedging instrument</span></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Profit (loss) recognized in Other Comprehensive Income</span></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash flow hedges</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">38,377</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39,854</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">206</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,431</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">281</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets measured at fair value through other comprehensive income</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,905</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,050</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">142</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">303</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,905</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,050</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">142</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">303</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets measured at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33,861</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">35,188</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,057</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">326</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,432</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,759</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,057</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">317</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,429</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,429</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities measured at amortized costs</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,611</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,616</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">30</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">72</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(105)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,280</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,285</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(38)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">330</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">332</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(67)</span></div></td></tr></table></div><div style="margin-bottom:3pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:51.214%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:8.016%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.702%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HEDGED ITEMS AND HEDGES. DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:-13.5pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Notional</span></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Hedged item amount</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Carrying amount of the hedging instrument</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Profit (loss) recognized in Other Comprehensive Income</span></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Liabilities</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash flow hedges</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39,687</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">40,805</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">760</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,944</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">306</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets measured at fair value through other comprehensive income</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,941</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,078</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">445</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,892</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">235</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,941</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,078</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">445</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,892</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">235</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial assets measured at amortized cost</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,308</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,287</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">240</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">82</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,308</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,287</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">240</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial liabilities measured at amortized costs</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,438</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,440</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">75</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(8)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(11)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,235</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,237</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">75</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">203</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">203</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td></tr></table></div>
38377000000
39854000000
206000000
1431000000
281000000
2905000000
3050000000
142000000
303000000
60000000
2905000000
3050000000
142000000
303000000
60000000
33861000000
35188000000
33000000
1057000000
326000000
4432000000
5759000000
7000000
1057000000
317000000
29429000000
29429000000
26000000
0
9000000
1611000000
1616000000
30000000
72000000
-105000000
1280000000
1285000000
30000000
33000000
-38000000
330000000
332000000
0
39000000
-67000000
39687000000
40805000000
760000000
1944000000
306000000
6941000000
8078000000
445000000
1892000000
235000000
6941000000
8078000000
445000000
1892000000
235000000
31308000000
31287000000
240000000
60000000
82000000
31308000000
31287000000
240000000
60000000
82000000
1438000000
1440000000
75000000
-8000000
-11000000
1235000000
1237000000
75000000
5000000
-5000000
203000000
203000000
0
-13000000
-6000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2025 and 2024, the inefficiencies of the cash flow hedges amounted to €-2 and €-3 million, respectively, and are recognized in the " Gains (losses) from hedge accounting, net " item of the consolidated income statement. (See Note 41).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Below is a breakdown of the items covered by foreign currency hedges for the years 2025 and 2024:</span></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:33.261%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.309%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:15.309%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.309%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.312%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HEDGED ITEMS AND HEDGES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:29pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Carrying amount of the hedged item</span></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Hedge of net investments in foreign operations (effective portion)</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Carrying amount of the hedging instrument</span></td></tr><tr style="height:29pt"><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Assets</span></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7.5pt;font-weight:700;line-height:120%">Liabilities</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Hedge of net investments in foreign operations 2025</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">35,760</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(3,117)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">200</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Hedge of net investments in foreign operations 2024</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31,820</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,329)</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66</span></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">122</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table>
35760000000
-3117000000
7000000
200000000
31820000000
-2329000000
66000000
122000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following is the breakdown, by their notional maturities, of the hedging instruments as of December 31, 2025:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:49.110%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.862%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CALENDAR OF THE NOTIONAL MATURITIES OF THE HEDGING INSTRUMENTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt 0 1.72pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 3 months</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">From 3 months to 1 year</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">From 1 to 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">More than 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FAIR VALUE HEDGES</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,701</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,373</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">25,342</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">19,101</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66,516</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Interest rate</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,490</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,865</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">24,980</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18,763</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">65,099</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CASH FLOW HEDGES</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,883</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,300</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,197</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,901</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">38,281</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Interest rate</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,883</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,300</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20,190</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,411</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">33,784</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">HEDGE OF NET INVESTMENTS IN A FOREIGN OPERATION</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,535</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,215</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,750</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PORTFOLIO FAIR VALUE HEDGES OF INTEREST RATE RISK</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">250</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">582</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,255</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,901</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,988</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PORTFOLIO CASH FLOW HEDGES OF INTEREST RATE RISK</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #001391;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DERIVATIVES-HEDGE ACCOUNTING</span></td><td colspan="3" style="border-bottom:0.5pt solid #001391;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,369</span></td><td colspan="3" style="border-bottom:0.5pt solid #001391;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27,470</span></td><td colspan="3" style="border-bottom:0.5pt solid #001391;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50,794</span></td><td colspan="3" style="border-bottom:0.5pt solid #001391;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,903</span></td><td colspan="3" style="border-bottom:0.5pt solid #001391;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">127,535</span></td></tr></table></div>
6701000000
15373000000
25342000000
19101000000
66516000000
6490000000
14865000000
24980000000
18763000000
65099000000
2883000000
9300000000
22197000000
3901000000
38281000000
2883000000
9300000000
20190000000
1411000000
33784000000
14535000000
2215000000
0
0
16750000000
250000000
582000000
3255000000
1901000000
5988000000
0
0
0
0
0
24369000000
27470000000
50794000000
24903000000
127535000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:14.28pt">Investments in joint ventures and associates </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:10.74pt">Joint ventures and associates</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance of “Joint ventures and associates” in the consolidated balance sheets is as follows: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:63.275%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.123%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">JOINT VENTURES AND ASSOCIATES. BREAKDOWN BY ENTITIES (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Joint ventures</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Altura Markets, S.V., S.A.</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">RCI Colombia</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">111</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">94</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">93</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Associates</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Metrovacesa, S.A.</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">282</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">300</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">259</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Allianz Seguros y Reaseguros, S.A.</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">277</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">265</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">251</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Atom Holdco Limited</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">222</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">222</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">211</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Servicios Electrónicos Globales S.A. de C.V.</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">127</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">883</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">895</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">883</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">994</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">989</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">976</span></td></tr></table></div><div><span><br/></span></div><div style="margin-bottom:10pt;padding-left:1.44pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Details of the joint ventures and associates as of December 31, 2025 are shown in Appendix II. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following is a summary of the changes in the years ended December 31, 2025, 2024 and 2023 under this heading in the consolidated balance sheets:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.665%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.400%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.400%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.403%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">JOINT VENTURES AND ASSOCIATES. CHANGES IN THE YEAR (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">989</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">976</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">916</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisitions and capital increases</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposals and capital reductions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(55)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(28)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(42)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers and changes of consolidation method</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(69)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share of profit and loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">62</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment / reversal of impairment ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Dividends, valuation adjustments and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(30)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end </span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">994</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">989</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">976</span></td></tr></table></div><div style="margin-bottom:12pt;padding-left:9pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) See Note 16.3.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During the year 2025, there were no significant changes under the heading "Joint ventures and associates". </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During the year 2024, the most significant changes under the heading "Joint ventures and associates" correspond to Solaris and </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">C</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">ompañía Española de Financiación del Desarrollo S.A. (Cofides) that left the scope of the consolidation perimeter in the first half of the year when the Group ceased to have significant influence in either entity.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During the year 2023, the most significant change under the heading "Joint ventures and associates" corresponds to a capital increase in Atom Holdco Limited.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Appendix III provides notifications on acquisitions and disposals of holdings in subsidiaries, joint ventures and associates, in compliance with article 155 of the Corporations Act and article 125 of the Securities Market Act 4/2015.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.55pt">Other information about associates and joint ventures</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">If these entities had been consolidated rather than accounted for using the equity method, the change in each of the lines of balance sheet and the consolidated income statement would not be significant.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023 there was no financial support agreement or other contractual commitment to associates and joint ventures entities from the holding or the subsidiaries that are not recognized in the financial statements (see Note 53.2). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023 there was no contingent liability in connection with the investments in joint ventures and associates (see Note 53.2). </span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.46pt">Impairment</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As required by IAS 36, the book value of the associates and joint venture entities has been compared with their recoverable amount, with the latter being calculated as the higher between the value in use and the fair value minus the cost of sale. For the year ended December 31, 2025, a net reversal of impairment was recorded for €32 million; for the year ended December 31, 2024, a net reversal of impairment was recorded for €63 million; for the year ended December 31, 2023, a net impairment was recorded for €9 million (see Note 48).</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance of “Joint ventures and associates” in the consolidated balance sheets is as follows: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:63.275%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.123%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">JOINT VENTURES AND ASSOCIATES. BREAKDOWN BY ENTITIES (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Joint ventures</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Altura Markets, S.V., S.A.</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">RCI Colombia</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">111</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">94</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">93</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Associates</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Metrovacesa, S.A.</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">282</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">300</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">259</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Allianz Seguros y Reaseguros, S.A.</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">277</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">265</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">251</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Atom Holdco Limited</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">222</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">222</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">211</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Servicios Electrónicos Globales S.A. de C.V.</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">127</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">883</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">895</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">883</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">994</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">989</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">976</span></td></tr></table></div>
44000000
38000000
31000000
37000000
37000000
40000000
29000000
19000000
22000000
111000000
94000000
93000000
282000000
300000000
259000000
277000000
265000000
251000000
222000000
222000000
211000000
56000000
43000000
36000000
45000000
65000000
127000000
883000000
895000000
883000000
994000000
989000000
976000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following is a summary of the changes in the years ended December 31, 2025, 2024 and 2023 under this heading in the consolidated balance sheets:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.665%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.400%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.400%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.403%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">JOINT VENTURES AND ASSOCIATES. CHANGES IN THE YEAR (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">989</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">976</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">916</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisitions and capital increases</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposals and capital reductions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(55)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(28)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(42)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers and changes of consolidation method</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(69)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share of profit and loss</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">62</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment / reversal of impairment ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Dividends, valuation adjustments and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(30)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end </span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">994</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">989</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">976</span></td></tr></table></div><div style="margin-bottom:12pt;padding-left:9pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) See Note 16.3.</span></div>
989000000
976000000
916000000
2000000
4000000
95000000
-55000000
-28000000
-42000000
0
-69000000
4000000
62000000
40000000
26000000
-13000000
7000000
16000000
32000000
63000000
-9000000
-23000000
-5000000
-30000000
994000000
989000000
976000000
32000000
63000000
-9000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:15.77pt">Tangible assets</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of, and changes in, the balances under this heading in the consolidated balance sheets, according to the nature of the related items, is as follows:</span></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:32.139%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:3.949%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.655%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TANGIBLE ASSETS. BREAKDOWN BY TYPE OF ASSETS AND CHANGES IN THE YEAR 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:11pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Land and buildings</span></div></td><td colspan="3" rowspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Work in progress</span></div></td><td colspan="3" rowspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Furniture, fixtures and vehicles</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Right to use asset</span></div></td><td colspan="3" rowspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Investment Properties</span></div></td><td colspan="3" rowspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Assets leased out under an operating lease</span></div></td><td colspan="3" rowspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr style="height:20pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Own use</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Investment Properties</span></div></td></tr><tr style="height:12pt"><td colspan="30" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cost </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,475</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">155</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,848</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,439</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">251</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">241</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,158</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,567</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">62</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">101</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">520</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">437</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">157</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,282</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(78)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(334)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(178)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(602)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(162)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">84</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(75)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(87)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(89)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(227)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(447)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,377</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">83</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,029</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,683</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">251</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">216</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,085</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,724</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accrued depreciation </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,262</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,850</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,164</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">91</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">153</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,547</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">106</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">501</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">317</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">946</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions transfer to discontinued operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(30)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(306)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(30)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(369)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(74)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(74)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(112)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,317</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,962</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,379</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">106</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">28</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">206</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,999</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impairment </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">118</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">81</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">260</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions transfer to discontinued operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">122</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">25</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">71</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">26</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">243</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net tangible assets</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning </span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,094</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">155</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,999</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,253</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">79</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">174</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,004</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,759</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,938</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">83</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,067</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,279</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">74</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">161</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">879</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,482</span></td></tr></table></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:31.298%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.034%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.497%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TANGIBLE ASSETS. BREAKDOWN BY TYPE OF ASSETS AND CHANGES IN THE YEAR 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Right to use asset</span></div></td><td colspan="9" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Land and buildings</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Work in progress</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Furniture, fixtures and vehicles</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Own use</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Investment properties</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Investment properties</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Assets leased out under an operating lease</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cost </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,405</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">199</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,424</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,212</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">238</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">156</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">800</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,432</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">295</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">110</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">513</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">574</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">369</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,914</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(38)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(89)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(332)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(32)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(63)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(566)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(136)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">145</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(44)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(192)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(145)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">53</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(208)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,475</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">155</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,848</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,439</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">251</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">241</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,158</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,567</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accrued depreciation </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,226</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,606</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">906</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">93</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">49</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,896</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">123</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">501</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">324</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">972</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions transfer to discontinued operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(25)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(87)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(42)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(161)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(22)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(56)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(181)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(46)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">111</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(165)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,262</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,850</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,164</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">91</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">153</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,547</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impairment </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">166</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">40</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">61</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">283</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(65)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(29)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions transfer to discontinued operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">118</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">81</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">260</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net tangible assets</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning </span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,013</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">199</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,817</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,266</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">84</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">124</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">751</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,253</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,094</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">155</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,999</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,253</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">79</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">174</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,004</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,759</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:13.5pt;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:31.999%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.650%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.498%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TANGIBLE ASSETS. BREAKDOWN BY TYPE OF ASSETS AND CHANGES IN THE YEAR 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:11pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Right to use asset </span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Investment properties</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Assets leased out under an operating lease</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr style="height:36pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Land and buildings</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Work in progress</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Furniture, fixtures and vehicles</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Own use</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Investment properties</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cost </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,255</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">93</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,833</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,871</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">214</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">242</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">582</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,089</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">270</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">190</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">549</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">499</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">238</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,795</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(117)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(195)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(349)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(72)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(22)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(113)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">118</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(115)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(79)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,405</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">199</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,424</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,212</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">238</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">156</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">800</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,432</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accrued depreciation </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,064</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,204</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">653</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">70</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">23</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">52</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,066</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">121</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">426</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">296</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">867</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions transfer to discontinued operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(73)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(111)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,226</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,606</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">906</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">93</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">49</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,896</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impairment </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">154</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">65</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">286</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions transfer to discontinued operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">166</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">40</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">61</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">283</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net tangible assets</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning </span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,036</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">93</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,629</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,153</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">94</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">201</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">530</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,737</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,013</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">199</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,817</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,266</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">84</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">124</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">751</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,253</span></td></tr></table></div><div style="padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The right to use asset consists mainly of the rental of commercial real estate premises for central services and the network branches located in the countries where the Group operates whose average term is between 5 and 20 years. The clauses included in rental contracts correspond to a large extent to rental contracts under normal market conditions in the country where the property is rented.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, the cost of fully amortized tangible assets that remained in use were €3,096 million, €3,186 million and €2,796 million respectively while its recoverable residual value was not significant.</span></div><div style="text-align:center;text-indent:-4.5pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following table shows the detail of the net carrying amount of the tangible assets corresponding to Spanish and foreign subsidiaries as of December 31, 2025, 2024 and 2023:</span></div><div style="margin-bottom:3pt;padding-left:9pt;text-indent:-9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TANGIBLE ASSETS BY SPANISH AND FOREIGN SUBSIDIARIES. NET ASSETS VALUES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA and Spanish subsidiaries</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,082</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,129</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,183</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign subsidiaries</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,400</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,630</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,071</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,482</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,759</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,253</span></td></tr></table></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of, and changes in, the balances under this heading in the consolidated balance sheets, according to the nature of the related items, is as follows:</span></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:32.139%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:3.949%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.735%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.655%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TANGIBLE ASSETS. BREAKDOWN BY TYPE OF ASSETS AND CHANGES IN THE YEAR 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:11pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Land and buildings</span></div></td><td colspan="3" rowspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Work in progress</span></div></td><td colspan="3" rowspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Furniture, fixtures and vehicles</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Right to use asset</span></div></td><td colspan="3" rowspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Investment Properties</span></div></td><td colspan="3" rowspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Assets leased out under an operating lease</span></div></td><td colspan="3" rowspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr style="height:20pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Own use</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Investment Properties</span></div></td></tr><tr style="height:12pt"><td colspan="30" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cost </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,475</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">155</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,848</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,439</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">251</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">241</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,158</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,567</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">62</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">101</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">520</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">437</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">157</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,282</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(78)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(334)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(178)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(602)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(162)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">84</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(75)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(87)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(89)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(227)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(447)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,377</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">83</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,029</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,683</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">251</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">216</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,085</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,724</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accrued depreciation </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,262</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,850</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,164</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">91</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">153</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,547</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">106</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">501</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">317</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">946</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions transfer to discontinued operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(30)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(306)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(30)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(369)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(74)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(74)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(112)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,317</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,962</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,379</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">106</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">28</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">206</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,999</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impairment </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">118</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">81</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">260</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions transfer to discontinued operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">122</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">25</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">71</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">26</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">243</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net tangible assets</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning </span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,094</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">155</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,999</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,253</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">79</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">174</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,004</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,759</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,938</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">83</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,067</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,279</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">74</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">161</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">879</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,482</span></td></tr></table></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:31.298%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.034%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.497%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TANGIBLE ASSETS. BREAKDOWN BY TYPE OF ASSETS AND CHANGES IN THE YEAR 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Right to use asset</span></div></td><td colspan="9" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Land and buildings</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Work in progress</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Furniture, fixtures and vehicles</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Own use</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Investment properties</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Investment properties</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Assets leased out under an operating lease</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cost </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,405</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">199</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,424</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,212</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">238</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">156</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">800</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,432</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">295</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">110</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">513</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">574</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">369</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,914</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(38)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(89)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(332)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(32)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(63)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(566)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(136)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">145</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(44)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(20)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(192)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(145)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">63</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">53</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(208)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,475</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">155</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,848</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,439</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">251</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">241</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,158</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,567</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accrued depreciation </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,226</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,606</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">906</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">93</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">49</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,896</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">123</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">501</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">324</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">972</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions transfer to discontinued operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(25)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(87)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(42)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(161)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(22)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(56)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(181)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(46)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">111</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(165)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,262</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,850</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,164</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">91</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">27</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">153</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,547</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impairment </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">166</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">40</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">61</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">283</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(65)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(29)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions transfer to discontinued operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">118</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">81</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">260</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net tangible assets</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning </span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,013</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">199</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,817</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,266</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">84</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">124</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">751</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,253</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,094</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">155</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,999</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,253</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">79</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">174</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,004</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,759</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:13.5pt;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:31.999%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.650%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.498%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TANGIBLE ASSETS. BREAKDOWN BY TYPE OF ASSETS AND CHANGES IN THE YEAR 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-align:center;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:11pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Right to use asset </span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Investment properties</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Assets leased out under an operating lease</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr style="height:36pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Land and buildings</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Work in progress</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Furniture, fixtures and vehicles</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Own use</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Investment properties</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cost </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,255</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">93</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,833</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,871</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">214</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">242</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">582</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,089</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">270</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">190</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">549</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">499</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">238</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,795</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(117)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(195)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(349)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(72)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(22)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(113)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">118</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(115)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(79)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,405</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">199</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,424</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,212</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">238</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">156</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">800</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,432</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accrued depreciation </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,064</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,204</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">653</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">70</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">23</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">52</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,066</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">121</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">426</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">296</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">867</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions transfer to discontinued operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(73)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(111)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,226</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,606</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">906</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">93</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">49</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,896</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impairment </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">154</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">65</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">286</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions transfer to discontinued operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposal of entities in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">166</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">40</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">61</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">283</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net tangible assets</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning </span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,036</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">93</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,629</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,153</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">94</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">201</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">530</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,737</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,013</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">199</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,817</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,266</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">84</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">124</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">751</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,253</span></td></tr></table></div>
6475000000
155000000
6848000000
2439000000
251000000
241000000
1158000000
17567000000
62000000
101000000
520000000
437000000
5000000
1000000
157000000
1282000000
-78000000
-1000000
-334000000
-178000000
-4000000
-6000000
-2000000
-602000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5000000
-162000000
84000000
1000000
-1000000
-2000000
0
-75000000
-87000000
-9000000
-89000000
-17000000
0
-18000000
-227000000
-447000000
6377000000
83000000
7029000000
2683000000
251000000
216000000
1085000000
17724000000
1262000000
0
4850000000
1164000000
91000000
27000000
153000000
7547000000
106000000
0
501000000
317000000
18000000
4000000
0
946000000
0
0
0
0
0
0
0
0
-30000000
0
-306000000
-30000000
0
-2000000
-1000000
-369000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-11000000
0
-9000000
2000000
-2000000
1000000
5000000
-14000000
-10000000
0
-74000000
-74000000
0
-2000000
48000000
-112000000
1317000000
0
4962000000
1379000000
106000000
28000000
206000000
7999000000
118000000
0
0
22000000
81000000
39000000
0
260000000
2000000
0
6000000
4000000
-10000000
-8000000
1000000
-5000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7000000
0
0
0
0
0
0
7000000
-5000000
0
-6000000
-1000000
0
-6000000
-1000000
-19000000
122000000
0
0
25000000
71000000
26000000
0
243000000
5094000000
155000000
1999000000
1253000000
79000000
174000000
1004000000
9759000000
4938000000
83000000
2067000000
1279000000
74000000
161000000
879000000
9482000000
6405000000
199000000
6424000000
2212000000
238000000
156000000
800000000
16432000000
295000000
110000000
513000000
574000000
2000000
52000000
369000000
1914000000
-38000000
-1000000
-89000000
-332000000
-32000000
-10000000
-63000000
-566000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5000000
-136000000
145000000
-44000000
44000000
-20000000
0
-5000000
-192000000
-17000000
-145000000
29000000
0
63000000
53000000
-208000000
6475000000
155000000
6848000000
2439000000
251000000
241000000
1158000000
17567000000
1226000000
0
4606000000
906000000
93000000
17000000
49000000
6896000000
123000000
0
501000000
324000000
19000000
5000000
0
972000000
0
0
0
0
0
0
0
0
-25000000
0
-87000000
-42000000
0
-1000000
-6000000
-161000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-4000000
0
10000000
22000000
-22000000
-1000000
0
5000000
-56000000
0
-181000000
-46000000
0
8000000
111000000
-165000000
1262000000
0
4850000000
1164000000
91000000
27000000
153000000
7547000000
166000000
0
0
40000000
61000000
15000000
0
283000000
-65000000
0
2000000
-18000000
20000000
31000000
1000000
-29000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-5000000
0
-5000000
16000000
0
-2000000
0
0
-2000000
-1000000
13000000
118000000
0
0
22000000
81000000
39000000
0
260000000
5013000000
199000000
1817000000
1266000000
84000000
124000000
751000000
9253000000
5094000000
155000000
1999000000
1253000000
79000000
174000000
1004000000
9759000000
6255000000
93000000
5833000000
1871000000
214000000
242000000
582000000
15089000000
270000000
190000000
549000000
499000000
10000000
39000000
238000000
1795000000
-19000000
-4000000
-117000000
-195000000
0
-10000000
-4000000
-349000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12000000
-72000000
41000000
-18000000
15000000
0
0
-22000000
-113000000
-8000000
118000000
55000000
0
-115000000
-16000000
-79000000
6405000000
199000000
6424000000
2212000000
238000000
156000000
800000000
16432000000
1064000000
0
4204000000
653000000
70000000
23000000
52000000
6066000000
121000000
0
426000000
296000000
21000000
3000000
0
867000000
0
0
0
0
0
0
0
0
-9000000
0
-73000000
-26000000
0
-1000000
-1000000
-111000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-2000000
0
-7000000
-5000000
3000000
1000000
0
-11000000
52000000
0
57000000
-12000000
0
-9000000
-3000000
85000000
1226000000
0
4606000000
906000000
93000000
17000000
49000000
6896000000
154000000
0
0
65000000
50000000
17000000
0
286000000
15000000
0
1000000
-14000000
12000000
2000000
0
16000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-3000000
0
-1000000
-11000000
0
-3000000
0
-18000000
166000000
0
0
40000000
61000000
15000000
0
283000000
5036000000
93000000
1629000000
1153000000
94000000
201000000
530000000
8737000000
5013000000
199000000
1817000000
1266000000
84000000
124000000
751000000
9253000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following table shows the detail of the net carrying amount of the tangible assets corresponding to Spanish and foreign subsidiaries as of December 31, 2025, 2024 and 2023:</span></div><div style="margin-bottom:3pt;padding-left:9pt;text-indent:-9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TANGIBLE ASSETS BY SPANISH AND FOREIGN SUBSIDIARIES. NET ASSETS VALUES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA and Spanish subsidiaries</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,082</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,129</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,183</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign subsidiaries</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,400</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,630</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,071</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,482</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,759</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,253</span></td></tr></table></div>
4082000000
4129000000
4183000000
5400000000
5630000000
5071000000
9482000000
9759000000
9253000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:14.45pt">Intangible assets</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:10.89pt">Goodwill</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated balance sheets, according to the CGU to which goodwill has been allocated, is as follows: </span></div><div style="margin-bottom:2pt;margin-top:2pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:47.563%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.167%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.167%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.167%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.167%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.169%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GOODWILL. BREAKDOWN BY CGU AND CHANGES OF THE YEAR (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Chile</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance as of December 31, 2022</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">559</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">118</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">25</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">707</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance as of December 31, 2023</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">623</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">143</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">795</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(82)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(95)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance as of December 31, 2024</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">541</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">132</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">23</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">700</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance as of December 31, 2025</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">553</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">137</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">715</span></td></tr></table></div><div style="margin-top:2pt;text-align:justify"><span style="background-color:#ffffff;color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Goodwill in business combinations</span></div><div style="margin-bottom:24pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">There were no significant business combinations during 2025, 2024 and 2023.</span></div><div style="margin-top:2pt;text-align:justify"><span style="background-color:#ffffff;color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Impairment Test</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As mentioned in Note 2.2.7, the CGU to which goodwill has been allocated, are periodically tested for impairment by including the allocated goodwill in their carrying amount. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This analysis is performed at least annually and whenever there is any indication of impairment. Furthermore, it is analyzed whether certain changes in the valuation assumptions used could give rise to differences in the result of the impairment test.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group performs estimations on the recoverable amount of certain CGU by calculating the value in use through the discounted value of future cash flows method.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The main hypotheses used for the value in use calculation are the following:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The forecast cash flows, including net interest margin and cost of risk, estimated by the Group's management, and based on the latest available budgets for the next 5 years, considering the macroeconomic variables of each CGU, regarding the existing balance structure as well as macroeconomic variables such as the evolution of interest rates and the GDP of the geographical area where the CGU is located, among others. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The constant growth rate for extrapolating cash flows, starting in the fifth year, beyond the period covered by the budgets or forecasts.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The discount rate on future cash flows, which coincides with the cost of capital assigned to each CGU, and which consists of a risk-free rate plus a premium that reflects the inherent risk of each of the businesses evaluated.</span></div><div style="margin-bottom:18pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The focus used by the Group's management to determine the values of the assumptions is based both on its projections and past experience. These values are verified and use external sources of information, wherever possible. </span></div><div style="margin-top:2pt;text-align:justify"><span style="background-color:#ffffff;color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Goodwill - Mexico CGU</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group’s most significant goodwill corresponds to the CGU in Mexico, the most relevant assumptions used in the impairment test of this CGU as of December 31, 2025, 2024 and 2023 are as follows:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">IMPAIRMENT TEST ASSUMPTIONS CGU GOODWILL IN MEXICO </span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Discount rate</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16.7 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.3 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.4 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth rate</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.2 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.5 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.6 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:15pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) After tax discount rates.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In accordance with paragraph 33.c of IAS 36, as of December 31, 2025, the Group used a growth rate of </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">5.2 %</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> based on the real GDP growth rate of Mexico, the expected inflation rate and the potential growth of the banking sector in Mexico. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The assumptions with a greater relative weight and whose volatility could have a greater impact in determining the present value of the cash flows starting on the fifth year are the discount rate and the growth rate. The table below shows, in a simplified way, the relative variation by which the CGU recoverable amount would increase (or decrease) as a result of a reasonable variation (in basis points) of each of the key assumptions, considered in isolation as of December 31, 2025, where, in each case, their value in use would continue to exceed their book value</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:57.046%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.826%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.828%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SENSITIVITY ANALYSIS FOR MAIN ASSUMPTIONS - MEXICO</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Increase of 50 basis points </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Decrease of 50 basis points</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Discount rate</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth rate</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr></table></div><div style="margin-bottom:21pt;padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) The use of very different discount or growth rates would be inconsistent with the macroeconomic assumptions under which the Unit builds its business plan, such as inflation assumptions or interest rate curves used to determine cash flows.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Goodwill - Other CGUs</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The impairment tests carried out on the rest of the CGUs have not detected significant impairment. Likewise, the sensitivity analysis on the main assumptions carried out for the rest of the CGU of the Group indicate that their value in use would continue to exceed their book value.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.7pt">Other intangible assets </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance and changes of this heading in the consolidated balance sheets, according to the nature of the related items, is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER INTANGIBLE ASSETS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Computer software acquisition expense</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,105</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,764</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,535</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other intangible assets with an infinite useful life</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other intangible assets with a definite useful life</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,140</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,790</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,568</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes of this heading during the years ended December 31, 2025, 2024 and 2023, are as follows:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:31.859%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.500%"></td><td style="width:0.1%"></td></tr><tr><td colspan="39" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER INTANGIBLE ASSETS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:23pt"><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Computer software</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other intangible </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">assets</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total of intangible assets</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,764</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,535</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,396</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">26</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">56</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,790</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,568</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,453</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">964</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">771</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">688</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">983</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">782</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">689</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amortization in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(566)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(543)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(518)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(575)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(561)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(536)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amortization transfer to discontinued operations</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences and other </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(43)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(44)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,105</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,764</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,535</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">36</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">26</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,140</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,790</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,568</span></td></tr></table></div>As of December 31, 2025, 2024 and 2023, the cost of fully amortized intangible assets that remained in use were €4,483 million, €4,214 million and €4,214 million respectively, while their recoverable value was not significant.
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated balance sheets, according to the CGU to which goodwill has been allocated, is as follows: </span></div><div style="margin-bottom:2pt;margin-top:2pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:47.563%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.167%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.167%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.167%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.167%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.169%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GOODWILL. BREAKDOWN BY CGU AND CHANGES OF THE YEAR (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Colombia</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Chile</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance as of December 31, 2022</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">559</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">118</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">25</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">707</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance as of December 31, 2023</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">623</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">143</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">795</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(82)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(95)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance as of December 31, 2024</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">541</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">132</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">23</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">700</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange difference</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance as of December 31, 2025</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">553</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">137</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">715</span></td></tr></table></div>
559000000
118000000
25000000
5000000
707000000
0
0
0
0
0
64000000
25000000
-1000000
0
88000000
0
0
0
0
0
0
0
0
0
0
623000000
143000000
24000000
5000000
795000000
0
0
0
0
0
-82000000
-11000000
-1000000
-1000000
-95000000
0
0
0
0
0
0
0
0
0
0
541000000
132000000
23000000
4000000
700000000
0
0
0
0
0
11000000
5000000
-1000000
0
15000000
0
0
0
0
0
0
0
0
0
0
553000000
137000000
22000000
4000000
715000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group’s most significant goodwill corresponds to the CGU in Mexico, the most relevant assumptions used in the impairment test of this CGU as of December 31, 2025, 2024 and 2023 are as follows:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">IMPAIRMENT TEST ASSUMPTIONS CGU GOODWILL IN MEXICO </span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Discount rate</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16.7 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.3 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.4 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth rate</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.2 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.5 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.6 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:15pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) After tax discount rates.</span></div>
0.167
0.183
0.124
0.052
0.055
0.056
0.052
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The assumptions with a greater relative weight and whose volatility could have a greater impact in determining the present value of the cash flows starting on the fifth year are the discount rate and the growth rate. The table below shows, in a simplified way, the relative variation by which the CGU recoverable amount would increase (or decrease) as a result of a reasonable variation (in basis points) of each of the key assumptions, considered in isolation as of December 31, 2025, where, in each case, their value in use would continue to exceed their book value</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:57.046%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.826%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.828%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SENSITIVITY ANALYSIS FOR MAIN ASSUMPTIONS - MEXICO</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Increase of 50 basis points </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Decrease of 50 basis points</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Discount rate</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Growth rate</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr></table></div><div style="margin-bottom:21pt;padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) The use of very different discount or growth rates would be inconsistent with the macroeconomic assumptions under which the Unit builds its business plan, such as inflation assumptions or interest rate curves used to determine cash flows.</span></div>
-0.03
0.04
0.02
-0.02
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance and changes of this heading in the consolidated balance sheets, according to the nature of the related items, is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER INTANGIBLE ASSETS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Computer software acquisition expense</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,105</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,764</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,535</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other intangible assets with an infinite useful life</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other intangible assets with a definite useful life</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,140</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,790</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,568</span></td></tr></table></div>
2105000000
1764000000
1535000000
8000000
9000000
8000000
27000000
17000000
25000000
2140000000
1790000000
1568000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes of this heading during the years ended December 31, 2025, 2024 and 2023, are as follows:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:31.859%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.500%"></td><td style="width:0.1%"></td></tr><tr><td colspan="39" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER INTANGIBLE ASSETS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:23pt"><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Computer software</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other intangible </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">assets</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total of intangible assets</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,764</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,535</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,396</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">26</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">56</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,790</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,568</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,453</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">964</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">771</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">688</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">983</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">782</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">689</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amortization in the year</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(566)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(543)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(518)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(575)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(561)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(536)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amortization transfer to discontinued operations</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences and other </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(43)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(6)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(44)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,105</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,764</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,535</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">36</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">26</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">33</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,140</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,790</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,568</span></td></tr></table></div>
1764000000
1535000000
1396000000
26000000
33000000
56000000
1790000000
1568000000
1453000000
964000000
771000000
688000000
19000000
11000000
1000000
983000000
782000000
689000000
566000000
543000000
518000000
9000000
18000000
19000000
575000000
561000000
536000000
0
0
0
0
0
0
0
0
0
-43000000
16000000
-6000000
-1000000
-1000000
-5000000
-44000000
16000000
11000000
-14000000
-15000000
-26000000
0
0
0
-14000000
-15000000
26000000
2105000000
1764000000
1535000000
36000000
26000000
33000000
2140000000
1790000000
1568000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:14.28pt">Tax assets and liabilities</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:10.74pt">Consolidated tax group</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Pursuant to current legislation, BBVA consolidated tax group in Spain includes the Bank (as the parent company) and its Spanish subsidiaries that meet the requirements provided for under Spanish legislation regulating the taxation regime for the consolidated profit of corporate groups.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group’s non-Spanish banks and subsidiaries file tax returns in accordance with the tax legislation in force in each country.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.55pt">Years open for review by the tax authorities</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, the BBVA consolidated tax group in Spain has the year 2021 and subsequent years subject to inspection, with respect to the main taxes applicable to it. Without prejudice to the foregoing, BBVA, S.A. and BBVA Seguros, S.A., de Seguros y Reaseguros are being audited with regard to Value Added Taxes for the financial years 2021 to 2024, inclusive.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The remainder of the Spanish consolidated entities in general have the last four years open for inspection by the tax authorities (the Tax Administration) for the main taxes applicable, except for those in which there has been an interruption of the limitation period due to the start of an inspection.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With regard to the BBVA consolidated tax group in Spain, in 2025, as a result of tax audits conducted by the tax authorities, inspection reports were issued for the financial years 2017 to 2020. These reports were signed by BBVA “in agreement” with the tax authorities' findings, except for those related to Corporate Income Tax for financial years 2017 and 2018, for which partial disagreement was expressed. At the close of the financial year, the reports signed "in agreement" with the tax authorities became final. The closure of the tax audit and the subsequent reassessment of tax risk coverage needs has had a net positive effect on the Group's effective tax rate (see Note 19.3) and has affected the evolution in the Group's deferred tax assets during the year (see Note 19.5). Notwithstanding the foregoing, the conclusion of the aforementioned inspections had no material impact on the Group’s consolidated financial statements. Furthermore, in relation to the Value Added Tax, due to criteria that have been established, the Group has revised the pro rata portion of BBVA, S.A. for the 2025 financial year and certain prior years (see Note 44.2).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, in the 2024 financial year, the temporary levy on credit institutions of BBVA, S.A. corresponding to the 2023 financial year was audited by the Tax Administration. In the 2025 financial year, the tax assessment initiated by the Tax Administration was signed by BBVA “in disagreement" and appealed, suspension of payment was requested, and the amount claimed has been secured by a guarantee. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, the temporary levy on credit institutions of BBVA, S.A. corresponding to the 2024 financial year is being audited by the Tax Administration.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On the other hand, in relation to the main jurisdictions in which the Group has a presence and carries out its activity, in the case of Mexico, during the 2025 financial year the review process corresponding to the Corporate Income Tax for the 2017 financial year was completed, as the Appeal for Reconsideration filed by BBVA México, S.A. was resolved, with no material impact on the Group’s consolidated financial statements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, with respect BBVA México, S.A., the review process corresponding to the Corporate Income Tax for the 2018 financial year has continued and the review procedure corresponding to the 2019 and 2020 financial years with relation to Corporate Income Tax and Value Added Tax has been initiated.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With regard to the coverage, if applicable, of tax risks identified in the consolidated financial statements, it may involve either the recording of a provision or a lower deferred tax asset to the extent that the risk being hedged had previously given rise to the registration of a deferred tax asset or tax credit.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In this regard, on the terms indicated in the previous paragraph (taking into account the provisions of Note 7.1, as well as in Note 19.5 with regard to the Group's deferred tax assets), the Group has established provisions that, without prejudice to the uncertainty associated with any ongoing processes, it considers appropriate taking into account the identified risks to be covered (in accordance with the relevant evaluation and estimation possibilities of such risks) and that, in no case, are considered individually significant.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Without prejudice to the foregoing, due to the possible different interpretations that may be given to certain tax regulations, the results of the inspections that, where appropriate, are carried out by the tax authorities are likely to reveal other contingent tax liabilities, the amount of which It is not possible to quantify objectively at the present time. However, the Group estimates that the possibility of these contingent liabilities materializing is remote and, in any case, the tax debt that could arise from them would not significantly affect the accompanying consolidated financial statements of the Group.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.46pt">Reconciliation of the tax expense</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The reconciliation of the Group’s corporate income tax expense resulting from the application of the Spanish corporation income tax rate and the income tax expense recognized in the consolidated income statements is as follows:</span></div><div style="padding-left:8.5pt;text-indent:-9.01pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.529%"><tr><td style="width:1.0%"></td><td style="width:47.175%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.520%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.520%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.520%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.520%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.520%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.525%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">RECONCILIATION OF TAXATION AT THE SPANISH CORPORATION TAX RATE TO THE TAX EXPENSE RECORDED FOR THE YEAR (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Amount</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Effective tax %</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Amount</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Effective tax %</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Amount</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Effective tax %</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Profit or (-) loss before tax</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,227</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,405</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,419</span></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From continuing operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">16,227</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,405</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12,419</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From discontinued operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Taxation at Spanish corporation tax rate 30%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,868</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,622</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,726</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Lower/higher effective tax rate from foreign entities ⁽¹⁾</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">181 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">193 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Mexico </span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(135)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">28 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(180)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">28 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(194)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">27 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Chile </span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(4)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Colombia </span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">38 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(25)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Peru </span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(22)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">27 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(44)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(55)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">351 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">51 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">498 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">62 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">314 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">57 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">USA</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(50)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">21 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(14)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">26 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">33 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Others</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(64)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(39)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Revenues with lower tax rate (dividends/capital gains)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(37)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(44)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity accounted earnings</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other effects ⁽²⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">309</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Income tax</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,100</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,830</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,003</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Continuing operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,100</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,830</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,003</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Discontinued operations</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr></table></div><div style="text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Calculated by applying the difference between the tax rate in force in Spain and the one applied to the Group’s earnings in each jurisdiction.</span></div><div style="margin-bottom:3pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) With regard to the 2025 financial year, it includes the net impact of several tax effects comprising, among others, (i) the recording of the impact of IMIC for 2025, as indicated in Note 19.6 below, (ii) the recognition of certain deferred tax assets corresponding to the Group in Spain that were not previously registered in the financial statements, as referred to in Note 19.5 below, (iii) the positive effect of the result of the closure of the inspection process of the Group in Spain for the financial years 2017 to 2020, and the consequent reassessment of the needs for covering tax risks, as indicated in Note 19.2 above, and (iv) the effects of the limitation of the tax exemption on intragroup dividends and the withholding taxes associated with them. </span></div><div style="margin-bottom:3pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">On the other hand, regarding 2024, it shows the net impact of several tax effects that include, among others, (i) the accounting record of the impact associated with the declaration of unconstitutionality of certain measures relating to the Spanish Corporate Income Tax introduced by Royal Decree-Law 3/2016, as well as the impact of some of the measures introduced by Law 7/2024 on Corporate Income Tax that, in particular, are aimed at reinstating the measures declared unconstitutional, (ii) the non-deductibility of the temporary taxation of credit institutions recorded for accounting purposes in the year 2024 (see Note 19.6), and (iii) the effects of the limitation of the exemption on intra-group dividends and the withholding taxes associated with them.</span></div><div style="padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The effective income tax rate for the Group in the years ended December 31, 2025, 2024 and 2023 is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:57.186%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.806%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">EFFECTIVE TAX RATE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Income from:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Consolidated tax group in Spain</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,011</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,810</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,601</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other Spanish entities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(41)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign entities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,125</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,636</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,812</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gains (losses) before taxes from continuing operations</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,227</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,405</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,419</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tax expense or income related to profit or loss from continuing operations ⁽¹⁾</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,100</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,830</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,003</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Effective tax rate</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31.4</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31.4</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32.2</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) In 2025, 4,598 million and 502 million corresponded to current tax expenses and deferred tax expenses, respectively. In 2024, €3,970 million and €860 million corresponded to current tax expenses and deferred tax expenses, respectively.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2025, in general terms, there have been no changes in the nominal Corporate Income Tax rate in the main countries in which the Group is present compared to those existing in the previous period. In 2024, in general terms, and in the main countries where the Group has a presence, there were also no changes in the nominal Corporate Income Tax rate, compared to those existing in the previous period. In 2023, the changes in the nominal tax rate in Corporate Income Tax, with respect to those existing in the previous year in the main countries in which the Group is present, were Turkey (from 25% to 30%) and Colombia (from 38% to 40%).</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:7.94pt">Income tax recognized in equity</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Regardless of the income tax expense recognized in the consolidated income statements, the Group has recognized income tax charges in the consolidated total equity in 2025, 2024 and 2023 of €92 million (credit), €543 million (debit) and €285 million (debit), respectively, mainly due to debt securities, actuarial gains and losses and cash flow hedges. </span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.62pt">Tax assets and liabilities</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balance under the heading "Tax assets" in the consolidated balance sheets includes the balances receivable from the tax authorities relating to current and deferred tax assets. The balance under the “Tax liabilities” heading includes the balances payable in respect of the Group’s various current and deferred tax liabilities. The details of the mentioned tax assets and liabilities are as follows:</span></div><div style="margin-bottom:1pt;margin-top:1pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:57.186%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.806%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TAX ASSETS AND LIABILITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tax assets</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current tax assets ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,998</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,295</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,860</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred tax assets </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,869</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,354</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,641</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Pensions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">619</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">534</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">445</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Financial Instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">814</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,335</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,069</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loss allowances </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,210</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,158</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,127</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,518</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,495</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,467</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Secured tax assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,885</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,979</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,534</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Tax losses</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">823</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">853</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">999</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,867</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18,650</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,501</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tax liabilities</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current tax liabilities ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,480</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">575</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">878</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred tax liabilities</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,540</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,458</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,677</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Financial Instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,184</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">915</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">761</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,356</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,543</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">916</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,020</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,033</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,554</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt;padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)The decrease in current tax assets in 2025 compared to 2024 is due, among other things, to a lower Mexican tax receivable related to corporate income tax, as the installment payments made in 2024 were particularly high. The increase in current tax liabilities in 2025 compared to 2024 is mainly due to the Spanish Interest Margin and Commission Tax (IMIC) for the 2025 financial year, as well as the increase in the Mexican tax liability related to the estimated corporate income tax for the 2025 financial year.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt;padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">On the other hand, the increase in current tax assets in 2024 compared to 2023 corresponds mainly to a higher tax receivable of the tax group in Spain, as well as in Mexico and Colombia, in relation to the Corporate Income Tax for the year 2024 related to the installment payments made in the year. On the other hand, the decrease in current tax liabilities in 2024 compared to 2023, corresponds mainly to the decrease in the tax payable in Mexico and Argentina in relation to the estimated income tax for the year 2023.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The most significant variations of the deferred tax assets and liabilities in the years 2025, 2024 and 2023 were derived from the following items:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:39.152%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.863%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEFERRED TAX ASSETS AND LIABILITIES. ANNUAL VARIATIONS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deferred assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deferred liabilities</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deferred assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deferred liabilities</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deferred assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deferred liabilities</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,354</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,458</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,641</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,677</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,747</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,520</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pensions</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">89</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financials instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(521)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">269</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">266</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">154</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(409)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">204</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loss allowances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">293</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Others</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(187)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">627</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">206</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(47)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Secured tax assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(94)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(555)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(155)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tax losses</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(30)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(146)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(64)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,869</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,540</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,354</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,458</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,641</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,677</span></td></tr></table></div><div style="margin-bottom:10pt;margin-top:30pt;padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:130%">The changes in deferred tax assets and liabilities in 2025 were mainly attributable to:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The decrease in secured tax assets as a result of the expected offsetting of such assets based on the estimate of the Corporate Income Tax of the BBVA consolidated tax group in Spain corresponding to 2025. The balance of secured tax assets was also affected by the closure of the Corporate Income Tax inspection process of the BBVA consolidated tax group in Spain covering the financial years 2017 to 2020, as well as by the reassessment carried out by the Group of the coverage needs for the identified tax risks.</span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:127%">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:127%;padding-left:12.53pt">The decrease in tax assets due to tax losses in the 2025 financial year was moderate because, although the tax group in Spain generated a positive taxable income that allowed the offsetting of tax losses and deductions, the evolution of its balance was affected, as referred to in Note 19.2 and Note 19.3 above, by (i) on the one hand, the result of the Corporate Income Tax inspection process of the BBVA consolidated tax group in Spain covering the financial years 2017 to 2020, as well as the reassessment carried out by the Group of the coverage needs for the identified tax risks, and (ii) on the other hand, the recognition of certain deferred tax assets corresponding to the group in Spain, which were not previously recorded in the financial statements. This decision was based on the ability and acceleration observed in the absorption process of these assets, historical results —including for the 2025 financial year—, the sustained capacity of the Group to generate value and profit projections that support their recognition.</span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:127%">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:127%;padding-left:12.53pt">As regards the evolution of deferred tax assets (other than secured tax assets and those linked to tax losses) net of deferred tax liabilities, it was mainly driven by the effects associated with the valuation of financial instruments, the very operation of the Corporate Income Tax which, due to the differences between accounting and taxation rules, results in constant movements in deferred taxes, as well as by the effect of exchange rates.</span></div><div><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Of the deferred tax assets and liabilities shown above, those included in Note 19.4 above have been recognized against the entity's equity, and the rest against earnings for the year or reserves.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, the estimated amount of temporary differences associated with investments in subsidiaries, joint ventures and associates, which were not recognized as deferred tax liabilities in the consolidated balance sheets, amounted to €413 million, €230 million and €96 million, respectively.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With respect to the deferred tax assets shown above, the table below shows the amounts guaranteed by the Spanish government, broken down by the items that originated the relevant assets:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SECURED TAX ASSETS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pensions</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,557</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,622</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,622</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loss allowances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,328</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,357</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,912</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,885</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,979</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,534</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, non-guaranteed net deferred tax assets amounted to €3,443 million (€3,918 million and €4,430 million as of December 31, 2024 and 2023, respectively). The breakdown by major geographical areas was as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Spain: net deferred tax assets recognized in Spain totaled €1,319 million as of December 31, 2025 (€1,421 million and €1,805 million as of December 31, 2024 and 2023, respectively). €713 million of the figure recorded in the year ended December 31, 2025 for net deferred tax assets related to tax credits and tax loss carry forwards and €606 million relate to temporary differences.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Mexico: net deferred tax assets recognized in Mexico amounted to €1,721 million as of December 31, 2025 (€1,798 million and €1,899 million as of December 31, 2024 and 2023, respectively). Practically all of deferred tax assets as of December 31, 2025 relate to temporary differences.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">South America: net deferred tax assets recognized in South America amounted to €206 million as of December 31, 2025 (€245 million and €213 million as of December 31, 2024 and 2023, respectively). Of the figure recorded at year-end 2025 for net deferred tax assets, €73 million relate to tax credits for tax loss carryforwards and €133 million have arisen as temporary differences.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Turkey: net deferred tax assets recognized in Turkey amounted to €191 million as of December 31, 2025 (€443 million and €499 million as of December 31, 2024 and 2023, respectively). All of the deferred tax assets have arisen as temporary differences.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Based on the information available as of December 31, 2025, including historical levels of benefits and projected results available to the Group, the Group has carried out an analysis of its recovery of deferred tax assets and liabilities and it is considered that there is sufficient positive evidence, in excess of the negative evidence, that sufficient positive taxable income will be generated for the recovery of the aforementioned unsecured deferred tax assets when they become deductible in accordance with tax legislation. In this respect, in the specific case of the tax Group in Spain, the Group estimates that it will be able to generate sufficient taxable income to offset the tax loss carryforwards and deductions recorded for accounting purposes within a period under 10 years.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On the other hand, the Group has not recognized for accounting purposes (or, as the case may be, has been subject to a valuation adjustment) certain deferred tax assets (tax loss carryforwards, deductions and temporary differences) for which, in general, there is no legal period for offsetting, amounting to approximately €1,969 million (in terms of quota), which mainly arise from the integration of Catalunya Banc in the case of Spain, in accordance with the following breakdown by each of the jurisdictions in which the Group is located and carries on its business activities: (i) Spain: €1,871,758 thousand; (ii) United States: €31,281 thousand; (iii) Mexico: €31,769 thousand; (iv) Colombia: €12,275 thousand; (v) Peru: €6,427 thousand; (vi) Turkey: €5,672 thousand; (vii) Portugal: €4,567 thousand; (viii) Japan: €2,849 thousand; (ix) Netherlands: €902 thousand; (x) China: €799 thousand; (xi) Hong Kong: €487 thousand; (xii) Singapore: €327 thousand; (xiii) Uruguay: €314 thousand; and (xiv) Curacao: €4 thousand.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In connection with the above, it should be noted that within the framework of the ongoing process of rationalization of the Group's corporate structure which, among other things, may provide for the future dissolution and liquidation of companies, the materialization of the aforementioned deferred tax assets not recognized for accounting purposes may take place in the Group company that is a shareholder of the entity being dissolved and liquidated, as a result of the disclosure of tax losses pending deduction associated with the shareholding of the company which, as the case may be, is dissolved and liquidated.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.09pt">Other contributions and taxes</span><div style="margin-top:2pt;text-align:justify"><span style="background-color:#ffffff;color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Interest Margin and Commission Tax of certain financial institutions in Spain</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> On December 21, 2024, Law 7/2024 was published in the Official State Gazette, the ninth Final Provision of which regulates a new tax on the net interest margin and commissions of certain financial entities including BBVA, S.A. The tax is levied on the net interest margin and commissions obtained by credit institutions from the activity they carry out in Spanish territory and is applicable to the first three consecutive tax periods that begin on January 1, 2024.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Subsequently, Royal Decree-Law 9/2024, which came into force on December 25, 2024, modified certain aspects of the tax approved by Law 7/2024, among other things, the tax period and the accrual of the new tax. However, this Royal Decree-Law was not ratified by the Congress of Deputies and was therefore repealed on January, 23 2025.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">No impact associated with this tax was recorded in the Consolidated Financial Statements for the year ended December 31, 2024.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During 2025, the Group made the payment corresponding to the IMIC for the 2024 financial year. However, since this payment is not required under the applicable legal framework, an asset for the amount paid (€295 million) has been recorded under the heading "General Governments" of the item "Financial assets at amortized cost - Loans and advances to customers" in the balance sheet (see Note 14).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, current tax liabilities include approximately €</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">318</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> million corresponding to the accrual, for the 2025 financial year, of the IMIC of certain Group financial entities, which was recognized under the heading of “Tax expense or income related to profit or loss from continuing operations”, in accordance with the nature of this income tax under IAS 12, given its characteristics as a direct tax, the taxable event of which is the generation within Spanish territory of a positive net interest margin and commissions during the tax period.</span></div><div style="margin-top:2pt;text-align:justify"><span style="background-color:#ffffff;color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Temporary levy on credit institutions in Spain</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On December 28, 2022, the Law for the establishment of the temporary levy on credit entities and financial credit establishments was published in the Official State Gazette.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This law establishes the obligation to satisfy a public contribution with a non-tax nature during the years 2023 and 2024 for credit institutions operating in Spanish territory whose sum of income from interest and commissions corresponding to the year 2019 is equal to or greater than €800 million.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amount of the public, non-tax nature contribution payable is calculated by applying a rate of 4.8% to the sum of the interest margin and the income and expenses from commissions derived from the activity carried out in Spain and shown in the income statement of the tax consolidation group to which the credit institution belongs, corresponding to the calendar year prior to the year in which the payment obligation arises. The payment obligation arises on the first day of the calendar year 2023 and 2024.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For the 2023 and 2024 financial years, the impact of €215 million and €285 million, respectively, was recorded under the "Other operating expenses" item in the consolidated income statement (see Note 42).</span></div><div style="margin-top:2pt;text-align:justify"><span style="background-color:#ffffff;color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Top-up tax to ensure a global minimum taxation for multinational groups and large domestic groups (Pillar Two)</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On December 20, 2024, Law 7/2024 of December 20, 2024 was approved in Spain, establishing a Top-up Tax to guarantee an overall minimum level of taxation for multinational groups and large domestic groups, a Tax on the net interest income and fee and commission of certain financial institutions and a Tax on liquids for electronic cigarettes and other tobacco-related products, and amending other tax regulations.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This law transposed Council Directive (EU) 2022/2523 of December 15, 2022, which incorporates the Pillar Two rules into the European legal framework.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The aforementioned law was approved with effect for tax periods beginning on or after December 31, 2023. Consequently, from the year 2024, inclusive, the Group is subject to the Pillar Two rules.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In compliance with current legislation, the Group has calculated the estimated impact of the Top-up Tax based on the Transitional Safe Harbour analysis and on the basis of the figures used in the preparation of the Group's consolidated financial statements in each of its constituent jurisdictions.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As a result of this estimated calculation, it has been determined that most of the jurisdictions in which the Group operates, with the exception of a small number of countries representing an immaterial percentage of the BBVA Group's profit (loss) before tax, exceed the 15% minimum effective tax rate and, therefore, do not accrue a Top-up Tax. For those jurisdictions that do not meet this threshold, BBVA, S.A., as the ultimate parent company of the Group, as of December 31, 2025, has recognized as a current tax expense the corresponding estimated Top-up Tax associated with those jurisdictions, the amount of which is not material.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Finally, it should be noted that the BBVA Group applies the mandatory exception to the recognition and disclosure of deferred tax assets and liabilities in relation to Pillar Two.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The reconciliation of the Group’s corporate income tax expense resulting from the application of the Spanish corporation income tax rate and the income tax expense recognized in the consolidated income statements is as follows:</span></div><div style="padding-left:8.5pt;text-indent:-9.01pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.529%"><tr><td style="width:1.0%"></td><td style="width:47.175%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.520%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.520%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.520%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.520%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.520%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.525%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">RECONCILIATION OF TAXATION AT THE SPANISH CORPORATION TAX RATE TO THE TAX EXPENSE RECORDED FOR THE YEAR (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Amount</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Effective tax %</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Amount</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Effective tax %</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Amount</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Effective tax %</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Profit or (-) loss before tax</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,227</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,405</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,419</span></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From continuing operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">16,227</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,405</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12,419</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From discontinued operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Taxation at Spanish corporation tax rate 30%</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,868</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,622</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,726</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Lower/higher effective tax rate from foreign entities ⁽¹⁾</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">181 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">193 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Mexico </span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(135)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">28 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(180)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">28 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(194)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">27 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Chile </span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(4)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">11 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Colombia </span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">18 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">38 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(25)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Peru </span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(22)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">27 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(44)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(55)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">351 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">51 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">498 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">62 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">314 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">57 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">USA</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(50)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">21 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(14)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">26 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">33 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Others</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(64)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(39)</span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Revenues with lower tax rate (dividends/capital gains)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(37)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(44)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity accounted earnings</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other effects ⁽²⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">309</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Income tax</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,100</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,830</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,003</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Continuing operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,100</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,830</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,003</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Discontinued operations</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr></table></div><div style="text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Calculated by applying the difference between the tax rate in force in Spain and the one applied to the Group’s earnings in each jurisdiction.</span></div><div style="margin-bottom:3pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) With regard to the 2025 financial year, it includes the net impact of several tax effects comprising, among others, (i) the recording of the impact of IMIC for 2025, as indicated in Note 19.6 below, (ii) the recognition of certain deferred tax assets corresponding to the Group in Spain that were not previously registered in the financial statements, as referred to in Note 19.5 below, (iii) the positive effect of the result of the closure of the inspection process of the Group in Spain for the financial years 2017 to 2020, and the consequent reassessment of the needs for covering tax risks, as indicated in Note 19.2 above, and (iv) the effects of the limitation of the tax exemption on intragroup dividends and the withholding taxes associated with them. </span></div><div style="margin-bottom:3pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">On the other hand, regarding 2024, it shows the net impact of several tax effects that include, among others, (i) the accounting record of the impact associated with the declaration of unconstitutionality of certain measures relating to the Spanish Corporate Income Tax introduced by Royal Decree-Law 3/2016, as well as the impact of some of the measures introduced by Law 7/2024 on Corporate Income Tax that, in particular, are aimed at reinstating the measures declared unconstitutional, (ii) the non-deductibility of the temporary taxation of credit institutions recorded for accounting purposes in the year 2024 (see Note 19.6), and (iii) the effects of the limitation of the exemption on intra-group dividends and the withholding taxes associated with them.</span></div>
16227000000
15405000000
12419000000
16227000000
15405000000
12419000000
0
0
0
4868000000
4622000000
3726000000
1.81
1.93
0.02
-1.35
0.28
-1.80
0.28
-1.94
0.27
-0.01
0.29
-0.02
0.23
-0.04
0.11
0.18
0.38
-0.01
0.29
-0.25
0.14
-0.22
0.27
-0.44
0.23
-0.55
0.20
3.51
0.51
4.98
0.62
3.14
0.57
-0.50
0.21
-0.14
0.26
0.05
0.33
0.20
-0.64
-0.39
-37000000
-44000000
-26000000
-19000000
-14000000
-8000000
107000000
73000000
309000000
5100000000
4830000000
4003000000
5100000000
4830000000
4003000000
0
0
0
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The effective income tax rate for the Group in the years ended December 31, 2025, 2024 and 2023 is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:57.186%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.806%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">EFFECTIVE TAX RATE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Income from:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Consolidated tax group in Spain</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,011</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,810</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,601</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other Spanish entities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(41)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign entities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,125</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,636</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,812</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gains (losses) before taxes from continuing operations</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,227</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,405</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,419</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tax expense or income related to profit or loss from continuing operations ⁽¹⁾</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,100</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,830</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,003</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Effective tax rate</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31.4</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31.4</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32.2</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> %</span></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) In 2025, 4,598 million and 502 million corresponded to current tax expenses and deferred tax expenses, respectively. In 2024, €3,970 million and €860 million corresponded to current tax expenses and deferred tax expenses, respectively.</span></div>
5011000000
4810000000
2601000000
91000000
-41000000
6000000
11125000000
10636000000
9812000000
16227000000
15405000000
12419000000
5100000000
4830000000
4003000000
0.314
0.314
0.322
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balance under the heading "Tax assets" in the consolidated balance sheets includes the balances receivable from the tax authorities relating to current and deferred tax assets. The balance under the “Tax liabilities” heading includes the balances payable in respect of the Group’s various current and deferred tax liabilities. The details of the mentioned tax assets and liabilities are as follows:</span></div><div style="margin-bottom:1pt;margin-top:1pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:57.186%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.806%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TAX ASSETS AND LIABILITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tax assets</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current tax assets ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,998</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,295</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,860</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred tax assets </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,869</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,354</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,641</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Pensions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">619</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">534</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">445</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Financial Instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">814</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,335</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,069</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Loss allowances </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,210</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,158</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,127</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,518</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,495</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,467</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Secured tax assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,885</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,979</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,534</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Tax losses</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">823</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">853</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">999</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,867</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18,650</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,501</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tax liabilities</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current tax liabilities ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,480</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">575</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">878</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred tax liabilities</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,540</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,458</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,677</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Financial Instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,184</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">915</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">761</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,356</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,543</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">916</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,020</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,033</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,554</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt;padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)The decrease in current tax assets in 2025 compared to 2024 is due, among other things, to a lower Mexican tax receivable related to corporate income tax, as the installment payments made in 2024 were particularly high. The increase in current tax liabilities in 2025 compared to 2024 is mainly due to the Spanish Interest Margin and Commission Tax (IMIC) for the 2025 financial year, as well as the increase in the Mexican tax liability related to the estimated corporate income tax for the 2025 financial year.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt;padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">On the other hand, the increase in current tax assets in 2024 compared to 2023 corresponds mainly to a higher tax receivable of the tax group in Spain, as well as in Mexico and Colombia, in relation to the Corporate Income Tax for the year 2024 related to the installment payments made in the year. On the other hand, the decrease in current tax liabilities in 2024 compared to 2023, corresponds mainly to the decrease in the tax payable in Mexico and Argentina in relation to the estimated income tax for the year 2023.</span></div>
3998000000
4295000000
2860000000
13869000000
14354000000
14641000000
619000000
534000000
445000000
814000000
1335000000
1069000000
2210000000
2158000000
2127000000
1518000000
1495000000
1467000000
7885000000
7979000000
8534000000
823000000
853000000
999000000
17867000000
18650000000
17501000000
1480000000
575000000
878000000
2540000000
2458000000
1677000000
1184000000
915000000
761000000
1356000000
1543000000
916000000
4020000000
3033000000
2554000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The most significant variations of the deferred tax assets and liabilities in the years 2025, 2024 and 2023 were derived from the following items:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:39.152%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.863%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEFERRED TAX ASSETS AND LIABILITIES. ANNUAL VARIATIONS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deferred assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deferred liabilities</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deferred assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deferred liabilities</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deferred assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deferred liabilities</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,354</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,458</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,641</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,677</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,747</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,520</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pensions</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">89</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financials instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(521)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">269</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">266</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">154</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(409)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">204</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loss allowances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">293</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Others</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(187)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">627</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">206</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(47)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Secured tax assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(94)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(555)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(155)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tax losses</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(30)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(146)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(64)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,869</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,540</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,354</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,458</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,641</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,677</span></td></tr></table></div>
14354000000
2458000000
14641000000
1677000000
14747000000
1520000000
85000000
0
89000000
0
23000000
0
-521000000
269000000
266000000
154000000
-409000000
204000000
52000000
0
31000000
0
293000000
0
23000000
-187000000
28000000
627000000
206000000
-47000000
-94000000
0
-555000000
0
-155000000
0
-30000000
0
-146000000
0
-64000000
0
13869000000
2540000000
14354000000
2458000000
14641000000
1677000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With respect to the deferred tax assets shown above, the table below shows the amounts guaranteed by the Spanish government, broken down by the items that originated the relevant assets:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SECURED TAX ASSETS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pensions</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,557</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,622</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,622</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loss allowances</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,328</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,357</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,912</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,885</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,979</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,534</span></td></tr></table></div>
1557000000
1622000000
1622000000
6328000000
6357000000
6912000000
7885000000
7979000000
8534000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:11.1pt">Other assets and liabilities </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balances of these headings of the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:1pt;margin-top:1pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:49.671%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.309%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.309%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.311%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER ASSETS AND LIABILITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Inventories ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,307</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,299</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">276</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transactions in progress</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">182</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">482</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accruals</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,101</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,862</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,368</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other items</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,395</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,881</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,174</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,985</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,525</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,859</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transactions in progress</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">346</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">306</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">133</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accruals</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,463</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,066</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,878</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other items</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,900</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,997</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,466</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,709</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,370</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,477</span></td></tr></table></div>(1) The variation in 2024 corresponded mainly to the acquisition of land plots from the Group's real estate company Crea Madrid Nuevo Norte, S.A. in relation to an urban planning operation in the city of Madrid.
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balances of these headings of the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:1pt;margin-top:1pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:49.671%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.309%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.309%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.311%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER ASSETS AND LIABILITIES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Inventories ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,307</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,299</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">276</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transactions in progress</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">182</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">482</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accruals</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,101</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,862</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,368</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other items</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,395</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,881</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,174</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,985</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,525</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,859</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transactions in progress</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">346</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">306</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">133</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accruals</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,463</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,066</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,878</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other items</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,900</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,997</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,466</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,709</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,370</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,477</span></td></tr></table></div>(1) The variation in 2024 corresponded mainly to the acquisition of land plots from the Group's real estate company Crea Madrid Nuevo Norte, S.A. in relation to an urban planning operation in the city of Madrid.
1307000000
1299000000
276000000
182000000
482000000
41000000
2101000000
1862000000
1368000000
1395000000
1881000000
1174000000
4985000000
5525000000
2859000000
346000000
306000000
133000000
3463000000
3066000000
2878000000
1900000000
1997000000
2466000000
5709000000
5370000000
5477000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:14.81pt">Non-current assets and disposal groups classified as held for sale and liabilities included in disposal groups classified as held for sale </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The composition of the balances under the headings “Non-current assets and disposal groups classified as held for sale” and “Liabilities included in disposal groups classified as held for sale” in the consolidated balance sheets, broken down by the origin of the assets, is as follows: </span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NON-CURRENT ASSETS AND DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE AND LIABILITIES INCLUDED IN DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE. BREAKDOWN BY ITEMS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreclosures and recoveries</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">743</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">847</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">943</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other assets from tangible assets ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">473</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">618</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,026</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accrued amortization ⁽²⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(58)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(46)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(84)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment losses ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(504)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(645)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,005)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">709</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">828</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">923</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr></table></div><div style="margin-bottom:3pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) The variation is mainly due to sales of properties by the companies Tree Inversiones Inmobiliarias, SOCIMI, S.A. and Banco Bilbao Vizcaya Argentaria, S.A. </span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Corresponds to the accumulated depreciation of assets before their classification as "Non-current assets and disposal groups classified as held for sale".</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Non-current assets and disposal groups classified as held for sale</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes in the balances of “Non-current assets and disposal groups classified as held for sale” in 2025, 2024 and 2023, are as follows</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">:</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> </span></div><div style="margin-bottom:2pt;margin-top:2pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:31.062%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.377%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.105%"></td><td style="width:0.1%"></td></tr><tr><td colspan="42" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NON-CURRENT ASSETS AND DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:21pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreclosed assets</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Property, Plant and Equipment</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Companies held for sale </span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cost (a)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">847</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">943</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,070</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">572</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">943</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">970</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">55</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">43</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,473</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,928</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,078</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">145</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">250</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">190</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">147</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">283</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions from merger transactions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements (sales and other decreases)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(226)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(338)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(323)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(178)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(446)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(34)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(404)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(784)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(357)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers, other movements and exchange differences</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposals by companies held for sale</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">743</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">847</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">943</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">415</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">572</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">943</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">55</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">55</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">43</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,213</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,473</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,928</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impairment (b)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">237</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">299</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">356</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">409</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">706</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">701</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">645</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,005</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,057</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions transfer to discontinued operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions from merger transactions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements (sales and other decreases)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(62)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(91)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(89)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(140)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(352)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(22)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(202)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(443)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(111)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other movements and exchange differences</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposals by companies held for sale</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">219</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">237</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">299</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">285</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">409</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">706</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">504</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">645</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,005</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end of net carrying value (a)-(b)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">524</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">610</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">644</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">130</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">163</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">236</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">55</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">55</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">43</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">709</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">828</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">923</span></td></tr></table></div><div style="margin-bottom:2pt;margin-top:2pt;padding-left:13.5pt;padding-right:8.5pt;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Net of accumulated amortization until assets were reclassified as “Non-current assets and disposal groups classified as held for sale”.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As indicated in Note 2.2.6, “Non-current assets and disposal groups held for sale” and “Liabilities included in disposal groups classified as held for sale” are valued at the lower amount between its fair value less costs to sell and its carrying amount. As of December 31, 2025, 2024 and 2023 practically all of the carrying amount of the assets recorded at fair value on a non-recurring basis equals their fair value.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Assets from foreclosures or recoveries</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, assets from foreclosures and recoveries, net of impairment losses, by nature of the asset, amounted to €356 million, €404 million and €460 million in assets for residential use; €139 million, €169 million and €154 million in assets for tertiary use (industrial, commercial or office) and €28 million, €31 million and €26 million in assets for agricultural use, respectively.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During the years 2025, 2024 and 2023, certain sale transactions for these assets were financed by Group companies. The amount of loans granted to the buyers of these assets in those years amounted to €17 million, €12 million and €22 million, respectively; with an average financing of 43% of the sales price during 2025.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, the amount of the profits arising from the sale of assets financed by Group companies that are not recognized in the consolidated income statement is not significant.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The composition of the balances under the headings “Non-current assets and disposal groups classified as held for sale” and “Liabilities included in disposal groups classified as held for sale” in the consolidated balance sheets, broken down by the origin of the assets, is as follows: </span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NON-CURRENT ASSETS AND DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE AND LIABILITIES INCLUDED IN DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE. BREAKDOWN BY ITEMS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ASSETS</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreclosures and recoveries</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">743</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">847</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">943</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other assets from tangible assets ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">473</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">618</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,026</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accrued amortization ⁽²⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(58)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(46)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(84)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment losses ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(504)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(645)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,005)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">709</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">828</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">923</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Companies held for sale</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr></table></div><div style="margin-bottom:3pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) The variation is mainly due to sales of properties by the companies Tree Inversiones Inmobiliarias, SOCIMI, S.A. and Banco Bilbao Vizcaya Argentaria, S.A. </span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Corresponds to the accumulated depreciation of assets before their classification as "Non-current assets and disposal groups classified as held for sale".</span></div>
743000000
847000000
943000000
473000000
618000000
1026000000
55000000
55000000
43000000
58000000
46000000
84000000
504000000
645000000
1005000000
709000000
828000000
923000000
0
0
0
0
0
0
<div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Non-current assets and disposal groups classified as held for sale</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The changes in the balances of “Non-current assets and disposal groups classified as held for sale” in 2025, 2024 and 2023, are as follows</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">:</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> </span></div><div style="margin-bottom:2pt;margin-top:2pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.772%"><tr><td style="width:1.0%"></td><td style="width:31.062%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.377%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.096%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.105%"></td><td style="width:0.1%"></td></tr><tr><td colspan="42" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NON-CURRENT ASSETS AND DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:21pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Foreclosed assets</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Property, Plant and Equipment</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Companies held for sale </span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cost (a)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">847</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">943</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,070</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">572</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">943</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">970</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">55</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">43</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,473</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,928</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,078</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">145</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">250</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">190</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">147</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">283</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions from merger transactions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements (sales and other decreases)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(226)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(338)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(323)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(178)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(446)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(34)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(404)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(784)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(357)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers, other movements and exchange differences</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposals by companies held for sale</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">743</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">847</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">943</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">415</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">572</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">943</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">55</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">55</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">43</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,213</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,473</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,928</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Impairment (b)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">237</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">299</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">356</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">409</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">706</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">701</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">645</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,005</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,057</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions transfer to discontinued operations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions from merger transactions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retirements (sales and other decreases)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(62)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(91)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(89)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(140)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(352)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(22)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(202)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(443)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(111)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other movements and exchange differences</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disposals by companies held for sale</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">219</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">237</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">299</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">285</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">409</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">706</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">504</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">645</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,005</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end of net carrying value (a)-(b)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">524</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">610</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">644</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">130</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">163</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">236</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">55</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">55</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">43</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">709</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">828</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">923</span></td></tr></table></div><div style="margin-bottom:2pt;margin-top:2pt;padding-left:13.5pt;padding-right:8.5pt;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Net of accumulated amortization until assets were reclassified as “Non-current assets and disposal groups classified as held for sale”.</span></div>
847000000
943000000
1070000000
572000000
943000000
970000000
55000000
43000000
39000000
1473000000
1928000000
2078000000
145000000
250000000
190000000
2000000
18000000
2000000
0
15000000
0
147000000
283000000
192000000
0
0
0
0
0
0
0
0
0
0
0
-226000000
-338000000
-323000000
-178000000
-446000000
-34000000
0
0
0
-404000000
-784000000
-357000000
-23000000
-8000000
6000000
19000000
57000000
5000000
1000000
-3000000
4000000
-3000000
46000000
15000000
0
0
0
0
0
0
0
0
0
0
743000000
847000000
943000000
415000000
572000000
943000000
55000000
55000000
43000000
1213000000
1473000000
1928000000
237000000
299000000
356000000
409000000
706000000
701000000
0
0
0
645000000
1005000000
1057000000
11000000
24000000
16000000
25000000
59000000
27000000
0
0
0
36000000
83000000
42000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-62000000
-91000000
-89000000
-140000000
-352000000
-22000000
0
0
0
-202000000
-443000000
-111000000
33000000
5000000
16000000
-9000000
-5000000
1000000
0
0
0
24000000
0
17000000
0
0
0
0
0
0
0
0
0
0
219000000
237000000
299000000
285000000
409000000
706000000
0
0
0
504000000
645000000
1005000000
524000000
610000000
644000000
130000000
163000000
236000000
55000000
55000000
43000000
709000000
828000000
923000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%;padding-left:12.31pt">Financial liabilities at amortized cost</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.45pt">Breakdown of the balance</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the consolidated balance sheets is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:58.928%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.223%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.223%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.226%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL LIABILITIES MEASURED AT AMORTIZED COST (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deposits</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">556,498</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">496,720</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">473,835</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,226</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,668</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,309</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Demand deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">657</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">159</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Time deposits and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13,774</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,369</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12,203</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,445</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,642</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,947</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,771</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,406</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,039</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Demand deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,764</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,977</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,629</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Time deposits and other </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">16,700</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,049</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12,871</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13,307</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12,380</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20,539</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">502,501</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">447,646</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">413,487</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Demand deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">360,682</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">331,780</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">317,543</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Time deposits and other </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">127,397</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">106,658</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">91,740</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,422</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,208</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,204</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">81,842</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">69,867</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">68,707</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other financial liabilities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">20,258</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,753</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,046</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">658,599</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">584,339</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">557,589</span></td></tr></table></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:6.82pt">Deposits from credit institutions</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by geographical area and the nature of the related instruments of this heading in the consolidated balance sheets is as follows:</span></div><div style="padding-left:8.5pt;text-align:justify;text-indent:-9.01pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:41.897%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.885%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.905%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.905%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.908%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEPOSITS FROM CREDIT INSTITUTIONS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand deposits</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Time deposits </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">and other </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Repurchase agreements</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,039</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,439</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">197</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,676</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,825</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">964</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,789</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">873</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">271</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,204</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">636</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,468</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">259</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,363</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,890</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,513</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,707</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,110</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,315</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,442</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">874</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,630</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,764</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,700</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,307</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">36,771</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2024</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,039</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,116</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">538</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,693</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">973</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">981</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">231</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,185</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">158</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,002</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,162</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">577</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,387</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,963</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,942</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,313</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,578</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,832</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,289</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,250</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,570</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,977</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,049</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,380</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">34,406</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2023</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,252</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,434</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">899</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,585</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">789</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">642</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,431</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">535</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">587</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">416</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,242</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,659</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,011</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,742</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,344</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,097</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,145</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,277</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">259</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,681</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,629</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,871</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">20,539</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">40,039</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:13.5pt;text-align:justify;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Subordinated deposits are included amounting to €104 million, €48 million and €35 million as of December 31, 2025, 2024 and 2023, respectively.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:6.73pt">Customer deposits</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by geographical area of this heading in the consolidated balance sheets, by type of instrument, is as follows:</span></div><div style="padding-left:8.5pt;text-align:justify;text-indent:-9.01pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.317%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.045%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.045%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.045%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.048%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CUSTOMER DEPOSITS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand deposits</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Time deposits </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">and other ⁽¹⁾ </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Repurchase agreements</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192,222</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,664</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,786</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228,672</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">77,167</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,493</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">94,699</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,443</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,794</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">450</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52,687</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,150</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,328</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,478</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,758</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,665</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,148</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,571</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,942</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,452</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,394</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">360,682</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">127,397</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,422</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">502,501</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2024</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">186,489</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,501</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,474</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">215,464</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70,133</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,319</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">987</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85,439</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,228</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,388</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">652</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,267</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,443</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,232</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52,675</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,170</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,613</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,095</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,878</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,318</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,605</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,922</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">331,780</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">106,658</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,208</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">447,646</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2023</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179,825</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,952</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">197,780</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76,122</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,067</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,638</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92,828</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,423</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,485</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,331</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,239</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,888</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,349</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,237</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,863</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,257</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,231</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,350</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,422</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,630</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,052</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">317,543</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">91,740</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,204</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">413,487</span></td></tr></table></div><div style="padding-left:13.5pt;padding-right:8.5pt;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) The balances corresponding to subordinated deposits under this heading were not significant in any of the years presented.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:6.21pt">Debt certificates issued </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading, by type of financial instrument and by currency, is as follows:</span></div><div style="margin-bottom:1pt;margin-top:1pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEBT CERTIFICATES ISSUED (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In Euros</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">42,070</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">37,118</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">44,622</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Promissory bills and notes</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,379</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,360</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,416</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-convertible bonds and debentures</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,860</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,788</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,256</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Covered bonds</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,371</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,825</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,734</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hybrid financial instruments ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,160</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">519</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">800</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securitization bonds</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,203</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,201</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,168</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wholesale funding</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,688</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,030</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,182</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subordinated liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,409</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,395</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,066</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Convertible perpetual certificates</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,750</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,750</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,000</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other non-convertible subordinated liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,659</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,645</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,066</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In foreign currencies</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39,773</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,748</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,086</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Promissory bills and notes</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,781</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,962</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">336</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-convertible bonds and debentures</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,302</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,136</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,684</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Covered bonds </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">94</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hybrid financial instruments ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,914</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,327</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,722</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securitization bonds</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wholesale funding</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,142</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,067</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,479</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subordinated liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,540</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,161</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,766</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Convertible perpetual certificates</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,553</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,888</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,715</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other non-convertible subordinated liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,986</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,273</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,051</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">81,842</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">69,867</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">68,707</span></td></tr></table></div><div style="margin-bottom:12pt;padding-left:9pt;padding-right:8.5pt;text-align:justify;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Corresponds to structured note issuances with embedded derivatives that have been segregated according to IFRS 9.</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:1.8pt">Subordinated liabilities</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of this heading in the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:58.367%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.961%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.122%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MEMORANDUM ITEM: SUBORDINATED LIABILITIES AT AMORTIZED COST (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subordinated deposits</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subordinated certificates </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,949</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,556</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,832</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Compound convertible financial instruments </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,303</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,638</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,715</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other non-convertible subordinated liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,645</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13,918</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,117</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">21,053</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">19,612</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,867</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:115%">The balance variances are mainly due to the following transactions:</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Perpetual Contingent Convertible Securities</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Annual General Shareholders' Meeting of BBVA held on April 20, 2021, resolved, under agenda item five, to authorize the Board of Directors of BBVA, with sub-delegation powers, to issue convertible securities, whose conversion is contingent and which are intended to meet regulatory requirements for their eligibility as capital instruments (CoCo), in accordance with the solvency regulations applicable from time to time, subject to the legal and statutory provisions that may be applicable at any time. The Board of Directors may make issues on one or several times within the maximum term of five years from the date on which this resolution was adopted, up to the maximum overall amount of €8 billion or its equivalent in any other currency. The Board of Directors may also resolve to exclude, either fully or partially, the pre-emptive subscription rights of shareholders within the framework of a concrete issuance, complying in all cases with the legal requirements and limitations established for this purpose at any given time.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Under that delegation, BBVA has made the following contingently convertible issuances that qualify as additional tier 1 capital of the Bank and the Group in accordance with Regulation (EU) 575/2013 throughout the financial years 2023, 2024 and 2025:</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">On June 21, 2023, BBVA carried out an issuance of perpetual contingent convertible securities with exclusion of shareholders' pre-emptive subscription rights, for a total nominal amount of €1 billion. This issuance is listed in the Global Exchange Market of Euronext Dublin and was targeted only at qualified investors, not being offered or sold to any retail clients.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">On September 19, 2023, BBVA carried out an issuance of perpetual contingent convertible securities with exclusion of shareholders' pre-emptive subscription rights, for a total nominal amount of USD 1 billion. This issuance is listed on the New York Stock Exchange and was targeted only at qualified investors, not being offered or sold to any retail clients.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">On June 13, 2024, BBVA carried out an issuance of perpetual contingent convertible securities with exclusion of shareholders' pre-emptive subscription rights, for a total nominal amount of €750 million. This issuance is listed in the Global Exchange Market of Euronext Dublin and was targeted only at qualified investors, not being offered or sold to any retail clients.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">On January 14, 2025, BBVA carried out an issuance of perpetual contingent convertible securities with exclusion of shareholders' pre-emptive subscription rights, for a total nominal amount of USD 1 billion. This issuance is listed on the New York Stock Exchange and was targeted only at qualified investors, not being offered or sold to any retail clients.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">On November 11, 2025, BBVA carried out an issuance of perpetual contingent convertible securities with exclusion of shareholders' pre-emptive subscription rights, for a total nominal amount of €1 billion. This issuance is listed on the Global Exchange Market of Euronext Dublin and was targeted only at qualified investors, not being offered or sold to any retail clients.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These perpetual securities issued, where appropriate, must be converted into newly issued ordinary shares of BBVA if the CET 1 ratio of the Bank or the Group is less than 5.125%, in accordance with their respective terms and conditions.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These type of issuances made by the Bank may be fully redeemed at BBVA's option only in the cases contemplated in their respective terms and conditions and, in any case, in accordance with the provisions of the applicable legislation. In particular, throughout the financial years 2023, 2024 and 2025 the Bank has early redeemed the following issues:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">On September 24, 2023, the Bank early redeemed the issuance of contingently convertible preferred securities (which qualified as additional tier 1 instruments) carried out by the Bank on September 24, 2018, for an amount of €1 billion on the First Reset Date and once the prior consent from the Regulator was obtained.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">On March 29, 2024, the Bank early redeemed the issuance of contingently convertible preferred securities (which qualified as additional tier 1 instruments) carried out by the Bank on March 29, 2019, for an amount of €1 billion on the First Reset Date and once the prior consent from the Regulator was obtained.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">On March 5, 2025, the Bank early redeemed the issuance of contingently convertible preferred securities (which qualified as additional tier 1 instruments) carried out by the Bank on September 5, 2019, for an amount of USD 1 billion on the First Reset Date and once the prior consent from the Regulator was obtained.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, on December 17, 2025, the Bank announced its irrevocable decision to redeem in full the issuance of green contingently convertible preferred securities (which qualified as additional tier 1 instruments) carried out by the Bank on July 15, 2020, for an amount of €1 billion. The redemption was executed on January 15, 2026 (the First Reset Date of said issuance), once the prior consent from the Regulator had been obtained.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Convertible Securities</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Annual General Shareholders' Meeting of BBVA held on March 18, 2022, resolved, under agenda item five, to confer authority on the Board of Directors of BBVA, with sub-delegation powers, to issue securities convertible into new BBVA shares (other than contingently convertible securities, envisaged to meet regulatory requirements for their eligibility as capital instruments (CoCo) referred to in the resolutions adopted by BBVA's Annual General Shareholders' Meeting held on April 20, 2021, under agenda item five), subject to provisions in the law and in BBVA's bylaws that may be applicable at any time, on one or several occasions within the maximum term of five years to be counted as from the date on which the resolution was adopted, up to a maximum total amount of €6 billion, or the equivalent in any other currency. The Board of Directors may also resolve to exclude, either fully or partially, the pre-emptive subscription rights of shareholders within the framework of a specific issuance, limiting this power to the extent that the nominal amount of the capital increases agreed or executed in order to satisfy conversion of the issues carried out excluding the pre-emptive subscription right by virtue of this power (without prejudice to anti-dilution adjustments) and any agreed or executed in use of the power under the item 4 of the Agenda of the same Annual General Shareholders' Meeting, described in Note 26, excluding the pre-emptive subscription right, do not exceed a maximum aggregated nominal amount of 10% of BBVA's share capital at the time the resolution was adopted.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of the date of preparation of these Consolidated Financial Statements, the Bank has not made use of the authority granted by the BBVA Annual General Shareholders' Meeting held on March 18, 2022.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:6.89pt">Other financial liabilities</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER FINANCIAL LIABILITIES (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Lease liabilities </span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,463</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,467</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,507</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Creditors for other financial liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,597</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,859</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,439</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Collection accounts</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,450</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,693</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,642</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Creditors for other payment obligations ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,748</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,734</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,458</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">20,258</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,753</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,046</span></td></tr></table><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) In 2025, this caption includes the amount pending execution as of December 31, 2025, corresponding to the firm commitment for the acquisition of own shares derived from the execution of the first tranche of the share buyback program announced on December 19, 2025 and started to be carried out on December 22, 2025 (see Notes 2.2.11 and 4).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A breakdown of the maturity of the lease liabilities, due after December 31, 2025 is provided below:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:29.475%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.789%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MATURITY OF FUTURE PAYMENT OBLIGATIONS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 1 year</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 3 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Over 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Leases</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">227</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">279</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">204</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">752</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,463</span></div></td></tr></table></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the consolidated balance sheets is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:58.928%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.223%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.223%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.226%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FINANCIAL LIABILITIES MEASURED AT AMORTIZED COST (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deposits</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">556,498</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">496,720</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">473,835</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,226</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,668</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,309</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Demand deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">657</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">159</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Time deposits and other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13,774</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,369</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12,203</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,445</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,642</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,947</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,771</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,406</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,039</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Demand deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,764</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,977</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,629</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Time deposits and other </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">16,700</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15,049</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12,871</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13,307</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12,380</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20,539</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">502,501</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">447,646</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">413,487</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Demand deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">360,682</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">331,780</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">317,543</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Time deposits and other </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">127,397</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">106,658</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">91,740</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Repurchase agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,422</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,208</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,204</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Debt certificates issued</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">81,842</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">69,867</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">68,707</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other financial liabilities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">20,258</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,753</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,046</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">658,599</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">584,339</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">557,589</span></td></tr></table></div>
556498000000
496720000000
473835000000
17226000000
14668000000
20309000000
7000000
657000000
159000000
13774000000
6369000000
12203000000
3445000000
7642000000
7947000000
36771000000
34406000000
40039000000
6764000000
6977000000
6629000000
16700000000
15049000000
12871000000
13307000000
12380000000
20539000000
502501000000
447646000000
413487000000
360682000000
331780000000
317543000000
127397000000
106658000000
91740000000
14422000000
9208000000
4204000000
81842000000
69867000000
68707000000
20258000000
17753000000
15046000000
658599000000
584339000000
557589000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by geographical area and the nature of the related instruments of this heading in the consolidated balance sheets is as follows:</span></div><div style="padding-left:8.5pt;text-align:justify;text-indent:-9.01pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:41.897%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.885%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.905%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.905%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.908%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEPOSITS FROM CREDIT INSTITUTIONS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand deposits</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Time deposits </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">and other </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Repurchase agreements</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,039</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,439</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">197</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,676</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,825</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">964</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,789</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">873</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">271</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,204</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">636</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,468</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">259</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,363</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,890</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,513</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,707</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,110</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,315</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,442</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">874</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,630</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,764</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">16,700</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,307</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">36,771</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2024</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,039</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,116</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">538</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,693</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">973</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">981</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">231</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,185</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">158</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,002</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,162</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">577</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,387</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,963</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,942</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,313</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,578</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,832</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,289</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,250</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,570</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,977</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,049</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,380</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">34,406</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2023</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,252</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,434</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">899</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,585</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">789</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">642</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,431</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">535</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">587</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">416</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,242</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,659</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,011</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,742</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,344</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,097</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,145</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,277</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">259</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,681</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,629</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,871</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">20,539</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">40,039</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:13.5pt;text-align:justify;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Subordinated deposits are included amounting to €104 million, €48 million and €35 million as of December 31, 2025, 2024 and 2023, respectively.</span></div>
1039000000
3439000000
197000000
4676000000
1825000000
964000000
0
2789000000
60000000
873000000
271000000
1204000000
636000000
2468000000
259000000
3363000000
1890000000
3513000000
11707000000
17110000000
1315000000
5442000000
874000000
7630000000
6764000000
16700000000
13307000000
36771000000
1039000000
3116000000
538000000
4693000000
973000000
981000000
231000000
2185000000
158000000
2002000000
2000000
2162000000
577000000
2387000000
0
2963000000
2942000000
3313000000
11578000000
17832000000
1289000000
3250000000
31000000
4570000000
6977000000
15049000000
12380000000
34406000000
1252000000
2434000000
899000000
4585000000
789000000
642000000
0
1431000000
16000000
535000000
37000000
587000000
416000000
2242000000
0
2659000000
3011000000
2742000000
19344000000
25097000000
1145000000
4277000000
259000000
5681000000
6629000000
12871000000
20539000000
40039000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by geographical area of this heading in the consolidated balance sheets, by type of instrument, is as follows:</span></div><div style="padding-left:8.5pt;text-align:justify;text-indent:-9.01pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.317%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.045%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.045%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.045%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.048%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CUSTOMER DEPOSITS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Demand deposits</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Time deposits </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">and other ⁽¹⁾ </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Repurchase agreements</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192,222</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,664</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,786</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228,672</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">77,167</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,493</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">94,699</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27,443</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,794</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">450</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52,687</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,150</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,328</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,478</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,758</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,665</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,148</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,571</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,942</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,452</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,394</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">360,682</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">127,397</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">14,422</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">502,501</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2024</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">186,489</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,501</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,474</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">215,464</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70,133</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,319</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">987</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85,439</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23,228</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25,388</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">652</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,267</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32,443</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,232</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52,675</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,170</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,613</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,095</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35,878</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,318</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,605</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,922</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">331,780</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">106,658</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,208</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">447,646</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 2023</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Spain</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179,825</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,952</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">197,780</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mexico</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76,122</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,067</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,638</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92,828</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Turkey</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,423</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,485</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,331</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,239</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">South America</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,888</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,349</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,237</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of Europe</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,863</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,257</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,231</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,350</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rest of the world</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,422</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,630</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,052</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">317,543</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">91,740</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,204</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">413,487</span></td></tr></table></div><div style="padding-left:13.5pt;padding-right:8.5pt;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) The balances corresponding to subordinated deposits under this heading were not significant in any of the years presented.</span></div>
192222000000
23664000000
12786000000
228672000000
77167000000
17493000000
38000000
94699000000
27443000000
24794000000
450000000
52687000000
34150000000
22328000000
0
56478000000
24758000000
29665000000
1148000000
55571000000
4942000000
9452000000
0
14394000000
360682000000
127397000000
14422000000
502501000000
186489000000
22501000000
6474000000
215464000000
70133000000
14319000000
987000000
85439000000
23228000000
25388000000
652000000
49267000000
32443000000
20232000000
0
52675000000
17170000000
17613000000
1095000000
35878000000
2318000000
6605000000
0
8922000000
331780000000
106658000000
9208000000
447646000000
179825000000
17952000000
4000000
197780000000
76122000000
15067000000
1638000000
92828000000
20423000000
21485000000
1331000000
43239000000
26888000000
17349000000
0
44237000000
12863000000
16257000000
1231000000
30350000000
1422000000
3630000000
0
5052000000
317543000000
91740000000
4204000000
413487000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading, by type of financial instrument and by currency, is as follows:</span></div><div style="margin-bottom:1pt;margin-top:1pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEBT CERTIFICATES ISSUED (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In Euros</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">42,070</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">37,118</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">44,622</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Promissory bills and notes</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,379</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,360</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,416</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-convertible bonds and debentures</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,860</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,788</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,256</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Covered bonds</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,371</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,825</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,734</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hybrid financial instruments ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,160</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">519</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">800</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securitization bonds</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,203</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,201</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,168</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wholesale funding</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,688</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,030</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,182</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subordinated liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,409</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,395</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,066</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Convertible perpetual certificates</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,750</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,750</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,000</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other non-convertible subordinated liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,659</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,645</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,066</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In foreign currencies</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">39,773</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,748</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,086</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Promissory bills and notes</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,781</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,962</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">336</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-convertible bonds and debentures</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,302</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,136</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,684</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Covered bonds </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">94</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hybrid financial instruments ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,914</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,327</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,722</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securitization bonds</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wholesale funding</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,142</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,067</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,479</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subordinated liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,540</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,161</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,766</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Convertible perpetual certificates</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,553</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,888</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,715</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other non-convertible subordinated liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,986</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,273</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,051</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">81,842</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">69,867</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">68,707</span></td></tr></table></div><div style="margin-bottom:12pt;padding-left:9pt;padding-right:8.5pt;text-align:justify;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Corresponds to structured note issuances with embedded derivatives that have been segregated according to IFRS 9.</span></div>
42070000000
37118000000
44622000000
5379000000
1360000000
5416000000
15860000000
17788000000
16256000000
3371000000
5825000000
6734000000
1160000000
519000000
800000000
3203000000
2201000000
2168000000
3688000000
1030000000
6182000000
9409000000
8395000000
7066000000
3750000000
2750000000
3000000000
5659000000
5645000000
4066000000
39773000000
32748000000
24086000000
2781000000
2962000000
336000000
13302000000
12136000000
8684000000
94000000
95000000
99000000
7914000000
5327000000
4722000000
0
0
0
4142000000
1067000000
1479000000
11540000000
11161000000
8766000000
2553000000
2888000000
2715000000
8986000000
8273000000
6051000000
81842000000
69867000000
68707000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of this heading in the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:58.367%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.961%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.122%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MEMORANDUM ITEM: SUBORDINATED LIABILITIES AT AMORTIZED COST (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subordinated deposits</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">104</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subordinated certificates </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,949</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,556</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,832</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Compound convertible financial instruments </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,303</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,638</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5,715</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other non-convertible subordinated liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">14,645</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">13,918</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,117</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">21,053</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">19,612</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,867</span></td></tr></table></div>
104000000
56000000
35000000
20949000000
19556000000
15832000000
6303000000
5638000000
5715000000
14645000000
13918000000
10117000000
21053000000
19612000000
15867000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated balance sheets is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER FINANCIAL LIABILITIES (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Lease liabilities </span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,463</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,467</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,507</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Creditors for other financial liabilities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,597</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,859</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,439</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Collection accounts</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,450</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,693</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,642</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Creditors for other payment obligations ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,748</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,734</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,458</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">20,258</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,753</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,046</span></td></tr></table><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) In 2025, this caption includes the amount pending execution as of December 31, 2025, corresponding to the firm commitment for the acquisition of own shares derived from the execution of the first tranche of the share buyback program announced on December 19, 2025 and started to be carried out on December 22, 2025 (see Notes 2.2.11 and 4).</span></div>
1463000000
1467000000
1507000000
4597000000
4859000000
3439000000
4450000000
3693000000
3642000000
9748000000
7734000000
6458000000
20258000000
17753000000
15046000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A breakdown of the maturity of the lease liabilities, due after December 31, 2025 is provided below:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:29.475%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.789%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MATURITY OF FUTURE PAYMENT OBLIGATIONS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 1 year</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 3 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Over 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Leases</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">227</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">279</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">204</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">752</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,463</span></div></td></tr></table></div>
227000000
279000000
204000000
752000000
1463000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:130%;padding-left:12.2pt">Assets and liabilities under insurance and reinsurance contracts</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group has insurance subsidiaries mainly in Spain, Latin America (mostly in Mexico) and Turkey. Specifically, the insurance entities located in Spain and Mexico together accounted for approximately 95% in terms of total liabilities under insurance and reinsurance contracts as of December 31, 2025.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The main product offered by the insurance subsidiaries is life insurance to cover the risk of death (risk insurance) and life-savings insurance. Within life and accident insurance, a distinction is made between freely sold products and those offered to customers who have taken mortgage or consumer loans, which cover the principal of those loans in the event of the customer’s death. There are two types of savings products: individual insurance, which seeks to provide the customer with savings for retirement or other events, and group insurance, which is taken out by employers to cover their commitments to their employees.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The insurance business is affected by different risks, including those that are related to the BBVA Group such as credit risk, market risk, liquidity risk and operational risk and the methodology for risk measurement, control and follow-up applied in the insurance activity is similar (see Note 7), although it has a differentiated management due to the particular characteristics of the insurance business, such as the coverage of contracted obligations and the long term of the commitments.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> Additionally, the insurance business generates certain specific risks, of a probabilistic nature: </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Technical risk: arises from deviations in the estimation of the casualty rate of insurances, either in terms of numbers, the amount of such claims and the timing of its occurrence.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Longevity risk: is the risk of incurring higher benefit payments than expected due to an increase in the life expectancy of the insured persons.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The insurance activity is fully integrated into the BBVA Group's risk management framework. From the definition of the risk appetite to the management limits, the governance model, the admission process, the organizational scheme and the development of computer systems/models, everything is designed with a global approach and under consistent and homogeneous criteria, aligned with other financial business of the BBVA Group. This also means that control activities and information flow are fully integrated into internal processes, from local reporting to the corporate bodies of the BBVA Group.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The insurance industry is highly regulated in each geographical area. In this regard, it should be noted that the insurance industry is undergoing a gradual regulatory transformation through new accounting and risk-based capital regulations, which have already been published in several countries.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amounts that the consolidated insurance entities are entitled to receive from reinsurance contracts they maintain with third parties are recognized under the heading “Assets under reinsurance and insurance contracts” in the consolidated balance sheets. As of December 31, 2025, 2024 and 2023, the balance under this heading amounted to €198 million, €191 million and €211 million, respectively.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The heading “Liabilities under insurance and reinsurance contracts” in the consolidated balance sheets includes the liabilities recorded under insurance contracts of the consolidated insurance entities in accordance with IFRS 17 (see Note 2.2.8). The breakdown of the balance of this heading as of December 31, 2025, 2024 and 2023 is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Insurances</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,760</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,981</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,110</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Liabilities for remaining coverage</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,456</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,835</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,900</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%"> Estimates of the present value of cash flows</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,950</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,462</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,516</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%"> Risk adjustment</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">142</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">150</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">171</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%"> Cost service margin</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,364</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,224</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,213</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Liabilities for incurred claims</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,304</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,146</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,210</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%"> Estimates of the present value of cash flows</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,282</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,129</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,191</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%"> Risk adjustment</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Reinsurance</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,760</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,981</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,110</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, the breakdown of “Liabilities under insurance and reinsurance contracts” in the consolidated balance sheets by type of product as of December 31, 2025, 2024 and 2023, excluding insurance contracts valued following the Simplified Model, is shown in the table below:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS BY TYPE OF PRODUCT (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities for remaining coverage</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,456</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,835</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,900</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Life insurance</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,141</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,555</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,657</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Individuals life insurance ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,433</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,643</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,900</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Group insurance ⁽²⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,708</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,912</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,757</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-life insurance</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">315</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">280</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">243</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities for incurred claims</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,304</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,146</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,210</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,760</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,981</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,110</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Provides coverage in the event of death, disability and serious illness.</span></div><div style="margin-bottom:15pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) The insurance policies purchased by employers (other than BBVA Group) on behalf of their employees.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The variation in liabilities under insurance and reinsurance contracts analyzed by liability for the remaining coverage and liability for incurred claims for the years 2025, 2024 and 2023 is shown below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">VARIATION IN LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS ANALYZED BY LIABILITIES FOR THE REMAINING COVERAGE AND THE LIABILITIES FOR INCURRED CLAIMS. DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:16pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liability for remaining coverage</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liability for incurred claims </span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Initial balance</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,835</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,146</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,981</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Result from insurance service</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,432)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,908</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,524)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Insurance revenue</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,627)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,627)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Insurance expense</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">195</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,908</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,103</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial income/ expenses from insurance contracts</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,355</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,366</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">294</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">317</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flows</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,404</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,784)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,620</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Final balance</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,456</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,304</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,760</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:57.127%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.824%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.824%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.825%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">VARIATION IN LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS ANALYZED BY LIABILITIES FOR THE REMAINING COVERAGE AND THE LIABILITIES FOR INCURRED CLAIMS. DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:16pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liability for remaining coverage</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liability for incurred claims</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Initial balance</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,900</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,210</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,110</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Result from insurance service</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,371)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,862</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,509)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Insurance revenue</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,494)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,494)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Insurance expense</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">124</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,862</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,985</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial income/ expenses from insurance contracts</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(407)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(395)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(657)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(110)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(767)</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flows</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,370</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,828)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,542</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Final balance</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,835</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,146</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,981</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:57.127%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.824%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.824%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.825%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">VARIATION IN LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS ANALYZED BY LIABILITIES FOR THE REMAINING COVERAGE AND THE LIABILITIES FOR INCURRED CLAIMS. DECEMBER 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:16pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liability for remaining coverage</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liability for incurred claims</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Initial balance</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,157</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">974</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,131</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Result from insurance service</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,822)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,532</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,289)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Insurance revenue</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,897)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,897)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Insurance expense</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">75</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,532</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,607</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial income/ expenses from insurance contracts</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">563</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">564</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,008</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,067</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flows</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,994</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,357)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,637</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Final balance</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,900</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,210</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,110</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The variation of liabilities under insurance and reinsurance contracts, distinguishing between their different valuation components, excluding contracts valued under the Simplified Model, for the years 2025, 2024 and 2023 is shown below:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:46.579%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.980%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.980%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.980%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.981%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">VARIATION IN LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS ANALYZED BY VALUATION COMPONENT. DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Estimated present value of future cash flows</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Risk </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">adjustment </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Contractual</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">service </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">margin </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Initial balance</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,710</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">150</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,224</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,084</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Insurance service result</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(806)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(765)</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to current services</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(974)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(33)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(285)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,293)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to future services</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(623)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">346</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(262)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to past services</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">791</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">791</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial income/ expenses from insurance contracts</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,305</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,368</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange rate differences</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">280</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">308</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flows</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">746</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">746</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Final balance</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,235</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">143</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,363</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,742</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:51.642%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.714%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.714%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.714%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.716%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">VARIATION IN LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS ANALYZED BY VALUATION COMPONENT. DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Estimated present value of future cash flows</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Risk </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">adjustment </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Contractual</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">service </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">margin</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Initial balance</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,738</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">167</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,213</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,118</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Insurance service result</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(345)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(318)</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to current services</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(969)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(29)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(270)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,267)</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to future services</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(350)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">314</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(24)</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to past services</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">974</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">974</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial income/ expenses from insurance contracts</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(457)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(406)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange rate differences</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(636)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(82)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(721)</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flows</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">411</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">411</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Final balance</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,710</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">150</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,224</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,084</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:53.892%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.151%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.151%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.151%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.155%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">VARIATION IN LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS ANALYZED BY VALUATION COMPONENT. DECEMBER 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Estimated present value of future cash flows</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Risk </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">adjustment </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Contractual</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">service </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">margin </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Initial balance</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,056</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">150</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,097</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,303</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Insurance service result</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(384)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(406)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to current services</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(749)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(26)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(185)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(960)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to future services</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(189)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">163</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to past services</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">554</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">554</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial income/ expenses from insurance contracts</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">508</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">564</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange rate differences</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">935</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">94</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,035</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flows</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">623</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">623</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Final balance</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,738</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">167</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,213</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,118</span></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The maturity of “Liabilities under insurance and reinsurance contracts” is as follows: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:37.188%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.242%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.242%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.242%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.242%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.244%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MATURITY OF THE LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 1 year</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 3 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Over 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">666</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">89</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,709</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,296</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,760</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,556</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">319</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">720</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,387</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,981</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,356</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">962</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,425</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,367</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,110</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The classification and valuation models used to calculate the liabilities under insurance and reinsurance contracts are detailed in Note 2.2.8 of these Consolidated Financial Statements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In general, in estimating compliance flows valued under the General Model, the Group has used tables based on the companies' own experience to estimate discounted future cash flows for all units of account, except for those cases in which the entity has not had sufficient historical data for the construction of the assumptions, so in such cases, regulatory tables have been used.</span></div>
198000000
191000000
211000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The heading “Liabilities under insurance and reinsurance contracts” in the consolidated balance sheets includes the liabilities recorded under insurance contracts of the consolidated insurance entities in accordance with IFRS 17 (see Note 2.2.8). The breakdown of the balance of this heading as of December 31, 2025, 2024 and 2023 is as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Insurances</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,760</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,981</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,110</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Liabilities for remaining coverage</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,456</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,835</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,900</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%"> Estimates of the present value of cash flows</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,950</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,462</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,516</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%"> Risk adjustment</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">142</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">150</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">171</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%"> Cost service margin</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,364</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,224</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,213</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Liabilities for incurred claims</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,304</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,146</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,210</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%"> Estimates of the present value of cash flows</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,282</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,129</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,191</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%"> Risk adjustment</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">19</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Reinsurance</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,760</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,981</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,110</span></td></tr></table></div>
12760000000
10981000000
12110000000
11456000000
9835000000
10900000000
9950000000
8462000000
9516000000
142000000
150000000
171000000
1364000000
1224000000
1213000000
1304000000
1146000000
1210000000
1282000000
1129000000
1191000000
22000000
17000000
19000000
0
0
0
12760000000
10981000000
12110000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, the breakdown of “Liabilities under insurance and reinsurance contracts” in the consolidated balance sheets by type of product as of December 31, 2025, 2024 and 2023, excluding insurance contracts valued following the Simplified Model, is shown in the table below:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS BY TYPE OF PRODUCT (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities for remaining coverage</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,456</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,835</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,900</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Life insurance</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,141</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,555</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,657</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Individuals life insurance ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">9,433</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,643</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8,900</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Group insurance ⁽²⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,708</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,912</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,757</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-life insurance</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">315</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">280</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">243</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities for incurred claims</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,304</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,146</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,210</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,760</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,981</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,110</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Provides coverage in the event of death, disability and serious illness.</span></div><div style="margin-bottom:15pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) The insurance policies purchased by employers (other than BBVA Group) on behalf of their employees.</span></div>
11456000000
9835000000
10900000000
11141000000
9555000000
10657000000
9433000000
7643000000
8900000000
1708000000
1912000000
1757000000
315000000
280000000
243000000
1304000000
1146000000
1210000000
12760000000
10981000000
12110000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The variation in liabilities under insurance and reinsurance contracts analyzed by liability for the remaining coverage and liability for incurred claims for the years 2025, 2024 and 2023 is shown below:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.245%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.784%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.787%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">VARIATION IN LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS ANALYZED BY LIABILITIES FOR THE REMAINING COVERAGE AND THE LIABILITIES FOR INCURRED CLAIMS. DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:16pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liability for remaining coverage</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liability for incurred claims </span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Initial balance</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,835</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,146</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,981</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Result from insurance service</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,432)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,908</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,524)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Insurance revenue</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,627)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,627)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Insurance expense</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">195</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,908</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,103</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial income/ expenses from insurance contracts</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,355</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,366</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">294</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">317</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flows</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,404</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,784)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,620</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Final balance</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,456</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,304</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,760</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:57.127%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.824%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.824%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.825%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">VARIATION IN LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS ANALYZED BY LIABILITIES FOR THE REMAINING COVERAGE AND THE LIABILITIES FOR INCURRED CLAIMS. DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:16pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liability for remaining coverage</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liability for incurred claims</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Initial balance</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,900</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,210</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,110</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Result from insurance service</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,371)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,862</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,509)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Insurance revenue</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,494)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,494)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Insurance expense</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">124</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,862</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,985</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial income/ expenses from insurance contracts</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(407)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(395)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(657)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(110)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(767)</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flows</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,370</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,828)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,542</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Final balance</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,835</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,146</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,981</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:57.127%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.824%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.824%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.825%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">VARIATION IN LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS ANALYZED BY LIABILITIES FOR THE REMAINING COVERAGE AND THE LIABILITIES FOR INCURRED CLAIMS. DECEMBER 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:16pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liability for remaining coverage</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liability for incurred claims</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Initial balance</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,157</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">974</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,131</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Result from insurance service</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,822)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,532</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,289)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Insurance revenue</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,897)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,897)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Insurance expense</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">75</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,532</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,607</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial income/ expenses from insurance contracts</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">563</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">564</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,008</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,067</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flows</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,994</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,357)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,637</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Final balance</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,900</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,210</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,110</span></td></tr></table></div>
9835000000
1146000000
10981000000
-3432000000
1908000000
-1524000000
-3627000000
0
-3627000000
195000000
1908000000
2103000000
1355000000
11000000
1366000000
294000000
23000000
317000000
3404000000
-1784000000
1620000000
11456000000
1304000000
12760000000
10900000000
1210000000
12110000000
-3371000000
1862000000
-1509000000
-3494000000
0
-3494000000
124000000
1862000000
1985000000
-407000000
12000000
-395000000
-657000000
-110000000
-767000000
3370000000
-1828000000
1542000000
9835000000
1146000000
10981000000
9157000000
974000000
10131000000
-2822000000
1532000000
-1289000000
-2897000000
0
-2897000000
75000000
1532000000
1607000000
563000000
1000000
564000000
1008000000
59000000
1067000000
2994000000
-1357000000
1637000000
10900000000
1210000000
12110000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The variation of liabilities under insurance and reinsurance contracts, distinguishing between their different valuation components, excluding contracts valued under the Simplified Model, for the years 2025, 2024 and 2023 is shown below:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:46.579%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.980%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.980%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.980%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.981%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">VARIATION IN LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS ANALYZED BY VALUATION COMPONENT. DECEMBER 2025 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Estimated present value of future cash flows</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Risk </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">adjustment </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Contractual</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">service </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">margin </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Initial balance</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,710</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">150</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,224</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,084</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Insurance service result</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(806)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(765)</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to current services</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(974)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(33)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(285)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,293)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to future services</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(623)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">346</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(262)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to past services</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">791</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">791</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial income/ expenses from insurance contracts</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,305</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,368</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange rate differences</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">280</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">308</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flows</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">746</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">746</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Final balance</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,235</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">143</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,363</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,742</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:51.642%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.714%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.714%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.714%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.716%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">VARIATION IN LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS ANALYZED BY VALUATION COMPONENT. DECEMBER 2024 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Estimated present value of future cash flows</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Risk </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">adjustment </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Contractual</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">service </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">margin</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Initial balance</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,738</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">167</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,213</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,118</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Insurance service result</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(345)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(318)</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to current services</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(969)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(29)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(270)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,267)</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to future services</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(350)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">314</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(24)</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to past services</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">974</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">974</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial income/ expenses from insurance contracts</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(457)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(406)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange rate differences</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(636)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(82)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(721)</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flows</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">411</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">411</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Final balance</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,710</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">150</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,224</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">10,084</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:53.892%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.151%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.151%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.151%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.155%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">VARIATION IN LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS ANALYZED BY VALUATION COMPONENT. DECEMBER 2023 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Estimated present value of future cash flows</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Risk </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">adjustment </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Contractual</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">service </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">margin </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Initial balance</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,056</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">150</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,097</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,303</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Insurance service result</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(384)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(406)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to current services</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(749)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(26)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(185)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(960)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to future services</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(189)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">163</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Changes that relate to past services</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">554</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">554</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial income/ expenses from insurance contracts</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">508</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">564</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange rate differences</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">935</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">94</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,035</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flows</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">623</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">623</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Final balance</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,738</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">167</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,213</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,118</span></td></tr></table></div>
8710000000
150000000
1224000000
10084000000
-806000000
-19000000
60000000
-765000000
-974000000
-33000000
-285000000
-1293000000
-623000000
15000000
346000000
-262000000
791000000
0
0
791000000
1305000000
13000000
50000000
1368000000
280000000
-1000000
29000000
308000000
746000000
0
0
746000000
10235000000
143000000
1363000000
11742000000
9738000000
167000000
1213000000
11118000000
-345000000
-17000000
44000000
-318000000
-969000000
-29000000
-270000000
-1267000000
-350000000
12000000
314000000
-24000000
974000000
0
0
974000000
-457000000
3000000
49000000
-406000000
-636000000
-3000000
-82000000
-721000000
411000000
0
0
411000000
8710000000
150000000
1224000000
10084000000
8056000000
150000000
1097000000
9303000000
-384000000
0
-23000000
-406000000
-749000000
-26000000
-185000000
-960000000
-189000000
26000000
163000000
0
554000000
0
0
554000000
508000000
11000000
45000000
564000000
935000000
6000000
94000000
1035000000
623000000
0
0
623000000
9738000000
167000000
1213000000
11118000000
<div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The maturity of “Liabilities under insurance and reinsurance contracts” is as follows: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:37.188%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.242%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.242%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.242%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.242%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.244%"></td><td style="width:0.1%"></td></tr><tr><td colspan="18" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MATURITY OF THE LIABILITIES UNDER INSURANCE AND REINSURANCE CONTRACTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Up to 1 year</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1 to 3 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3 to 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Over 5 years</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2025</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">666</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">89</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,709</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,296</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,760</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,556</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">319</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">720</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,387</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,981</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,356</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">962</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,425</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,367</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,110</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div>
666000000
89000000
1709000000
10296000000
12760000000
1556000000
319000000
720000000
8387000000
10981000000
1356000000
962000000
2425000000
7367000000
12110000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:11.6pt">Provisions</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated balance sheets, based on type of provisions, is as follows:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:60.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.861%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PROVISIONS. BREAKDOWN BY CONCEPTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Provisions for pensions and similar obligations </span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,267</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,348</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,571</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other long-term employee benefits ⁽¹⁾</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">332</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">384</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">435</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Provisions for taxes and other legal contingencies</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.1</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">805</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">791</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">696</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Provisions for contingent risks and commitments</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">725</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">667</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">770</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other provisions ⁽²⁾</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">293</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">429</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">452</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,422</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,619</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,924</span></div></td></tr></table></div><div style="margin-bottom:3pt;padding-left:9pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) It includes commitments undertaken under the collective layoff procedure that was carried out at Banco Bilbao Vizcaya Argentaria, S.A. in 2021.</span></div><div style="margin-bottom:6pt;padding-left:9pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Individually non-significant provisions for various concepts and corresponding to different geographical areas.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The change in provisions for pensions and similar obligations for the years ended December 31, 2025, 2024 and 2023 is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:60.050%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.999%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PROVISIONS FOR PENSIONS AND OTHER POST-EMPLOYMENT OBLIGATIONS FOR DEFINED BENEFIT PLANS, AND OTHER LONG-TERM EMPLOYEE BENEFITS. CHANGES OVER THE YEAR (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning </span></div></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,732</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,006</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,098</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Charges to income for the year </span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">172</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">197</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">211</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Interest expense and similar charges</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">118</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">138</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">133</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Personnel expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">53</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">57</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">49</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Provision expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Charges (credits) to equity ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">375</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">132</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">314</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers and other changes</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(75)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(49)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(37)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Benefit payments</span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(276)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(410)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(474)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(330)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(143)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(106)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,599</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,732</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,006</span></div></td></tr></table></div><div style="margin-bottom:3pt;padding-left:13.5pt;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Correspond to actuarial losses (gains) arising from certain post-employment defined-benefit commitments for pensions recognized in “Equity” (see Note 2.2.13).</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:59.629%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.766%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.104%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PROVISIONS FOR TAXES, LEGAL CONTINGENCIES AND OTHER PROVISIONS. CHANGES OVER THE YEAR </span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at beginning </span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,220</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,148</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,065</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">367</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">370</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">651</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Unused amounts reversed during the year</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(108)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(92)</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(385)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amount used and other variations</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(381)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(206)</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(183)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end </span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,098</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,220</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,148</span></div></td></tr></table></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Ongoing legal proceedings and litigation</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The financial sector faces an environment of increased regulatory pressure and litigation. In this environment, the various Group entities are often subject to lawsuits and involved in individual or collective legal proceedings and litigation arising from their activity and operations, including proceedings arising from their lending activity, from their labor relations and from other commercial, regulatory or tax issues, as well as in arbitration. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On the basis of the information available, the Group considers that, as of December 31, 2025, the provisions made in relation to judicial proceedings and arbitrations, where so required, are adequate and reasonably cover the liabilities that might arise, if any, from such proceedings and arbitrations. Furthermore, on the basis of the information available and with the exceptions indicated in Note 7.1 "Risk factors", BBVA considers that the liabilities that may arise from the resolution of such proceedings will not have, individually, a significant adverse effect on the Group's business, financial situation or results of operations.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated balance sheets, based on type of provisions, is as follows:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:60.470%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.861%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PROVISIONS. BREAKDOWN BY CONCEPTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Provisions for pensions and similar obligations </span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,267</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,348</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,571</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other long-term employee benefits ⁽¹⁾</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">332</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">384</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">435</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Provisions for taxes and other legal contingencies</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.1</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">805</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">791</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">696</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Provisions for contingent risks and commitments</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">725</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">667</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">770</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other provisions ⁽²⁾</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">293</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">429</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">452</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,422</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,619</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,924</span></div></td></tr></table></div><div style="margin-bottom:3pt;padding-left:9pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) It includes commitments undertaken under the collective layoff procedure that was carried out at Banco Bilbao Vizcaya Argentaria, S.A. in 2021.</span></div><div style="margin-bottom:6pt;padding-left:9pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Individually non-significant provisions for various concepts and corresponding to different geographical areas.</span></div>
2267000000
2348000000
2571000000
332000000
384000000
435000000
805000000
791000000
696000000
725000000
667000000
770000000
293000000
429000000
452000000
4422000000
4619000000
4924000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The change in provisions for pensions and similar obligations for the years ended December 31, 2025, 2024 and 2023 is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:60.050%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.998%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.999%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PROVISIONS FOR PENSIONS AND OTHER POST-EMPLOYMENT OBLIGATIONS FOR DEFINED BENEFIT PLANS, AND OTHER LONG-TERM EMPLOYEE BENEFITS. CHANGES OVER THE YEAR (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning </span></div></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,732</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,006</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,098</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Charges to income for the year </span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">172</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">197</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">211</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Interest expense and similar charges</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">118</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">138</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">133</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Personnel expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">53</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">57</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">49</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Provision expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">29</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Charges (credits) to equity ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">375</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">132</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">314</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers and other changes</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(75)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(49)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(37)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Benefit payments</span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(276)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(410)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(474)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(330)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(143)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(106)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,599</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,732</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,006</span></div></td></tr></table></div><div style="margin-bottom:3pt;padding-left:13.5pt;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Correspond to actuarial losses (gains) arising from certain post-employment defined-benefit commitments for pensions recognized in “Equity” (see Note 2.2.13).</span></div>
2732000000
3006000000
3098000000
172000000
197000000
211000000
118000000
138000000
133000000
53000000
57000000
49000000
1000000
2000000
29000000
375000000
132000000
314000000
-75000000
-49000000
-37000000
-276000000
-410000000
-474000000
330000000
143000000
106000000
2599000000
2732000000
3006000000
<div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:59.629%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.766%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.104%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PROVISIONS FOR TAXES, LEGAL CONTINGENCIES AND OTHER PROVISIONS. CHANGES OVER THE YEAR </span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at beginning </span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,220</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,148</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,065</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">367</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">370</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">651</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Acquisition of subsidiaries</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Unused amounts reversed during the year</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(108)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(92)</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(385)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amount used and other variations</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(381)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(206)</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(183)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end </span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,098</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,220</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,148</span></div></td></tr></table></div>
1220000000
1148000000
1065000000
367000000
370000000
651000000
0
0
0
-108000000
-92000000
-385000000
-381000000
-206000000
-183000000
1098000000
1220000000
1148000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:130%;padding-left:12.38pt">Post-employment and other employee benefit commitments</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group entities have assumed commitments with employees including short-term employee benefits (see Note 44.1), defined contribution and defined benefit plans (see Glossary), healthcare and other long-term employee benefits (see Note 2.2.13).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group sponsors defined-contribution plans for the majority of its active employees, with the plans in Spain and Mexico being the most significant. Most defined benefit plans are closed to new employees, with liabilities relating largely to retired employees, the most significant being those in Spain, Mexico and Turkey. In Mexico, the Group provides medical benefits to a closed group of employees and their family members, both in active service and retirement.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the net defined benefit liability recorded on the balance sheet as of December 31, 2025, 2024 and 2023 is provided below:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.104%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.278%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.278%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.281%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NET DEFINED BENEFIT LIABILITY (ASSET) ON THE CONSOLIDATED BALANCE SHEET (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:13pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pension commitments</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,040</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,759</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,849</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Early retirement commitments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">271</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">412</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Medical benefits commitments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,702</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,269</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,728</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other long-term employee benefits</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">332</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">384</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">435</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total commitments</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,247</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,683</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,424</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pension plan assets</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,903</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,584</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,675</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Medical benefit plan assets</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,747</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,367</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,744</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total plan assets </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,650</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,951</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,419</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total net liability / asset </span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,599</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,732</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,006</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Net asset on the consolidated balance sheet </span><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Net liability on the consolidated balance sheet for provisions for pensions and similar obligations </span><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,267</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,348</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,571</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Net liability on the consolidated balance sheet for other long-term employee benefits</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">332</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">384</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">435</span></div></td></tr></table></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) In Turkey, the foundation responsible for managing the benefit commitments holds an additional asset of €237 million as of December 31, 2025 which, in accordance with IFRS regarding the asset ceiling, has not been recognized in the Consolidated Financial Statements, because although it could be used to reduce future pension contributions it could not be immediately refunded to the employer. As of December 31, 2024 and 2023, this amount amounted to €123 million and €153 million, respectively.</span></div><div style="padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Recorded under the heading “Other Assets - Other” of the consolidated balance sheet (see Note 20).</span></div><div style="margin-bottom:18pt;padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(3) Recorded under the heading “Provisions - Provisions for pensions and similar obligations” of the consolidated balance sheet.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The impact relating to benefit commitments on the consolidated income statement for the years 2025, 2024 and 2023 is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:55.141%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.105%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CONSOLIDATED INCOME STATEMENT IMPACT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Interest income and expense</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">118</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">138</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">133</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">487</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">494</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">444</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(369)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(356)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(311)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Personnel expense</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">205</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">215</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">188</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined contribution plan expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44.1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">152</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">158</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">139</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined benefit plan expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44.1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Provisions or (reversal) of provisions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">46</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Early retirement expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Past service cost expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Remeasurements </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other provision expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total impact on consolidated income statement: expense (income)</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">325</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">355</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">352</span></div></td></tr></table></div><div style="padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Actuarial losses (gains) on remeasurement of the net defined benefit liability relating to early retirements in Spain and other long-term employee benefits that are charged to the income statements (see Note 2.2.13).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amounts relating to post-employment benefits charged to the consolidated balance sheet correspond to the actuarial gains (losses) on remeasurement of the net defined benefit liability relating to pension and medical commitments before income taxes as of December 31, 2025, 2024 and 2023 are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:66.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.560%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">EQUITY IMPACT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined benefit plans</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">210</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">218</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">302</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Post-employment medical benefits</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">165</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(86)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total impact on equity: debit (credit)</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">375</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">132</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">314</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2025, the aggregate impact of this heading amounted to a debit of €375 million, which is mainly explained by: the variation of the main commitments for long-term remuneration in Mexico (debit of €448 million, mainly due to the variation of financial assumptions and expected return on the plan assets); Turkey (debit of €31 million, mainly due to the variation of financial assumptions, expected return on the plan assets and experience); and Spain (credit of €97 million, mainly due to the variation of financial assumptions).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2024, the aggregate impact of this heading amounted to a debit of €132 million driven by the variation in the main long-term remuneration commitments in Mexico (debit of €55 million, mainly due to the variation of financial assumptions and expected profitability of plan assets), Turkey (debit of €32 million due to the variation of financial assumptions, expected profitability of plan assets and experience), Spain (debit of €28 million, essentially due to the variation in financial assumptions) and Portugal (debit of €16 million due to the expected profitability of the plan assets and experience).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2023, the aggregate impact of this heading amounted to a debit of €314 million driven by the variation in financial assumptions, losses of €71 million from commitments in Spain, and losses of €170 million for commitments in Mexico. These amounts are offset by other minor effects of actuarial experience in these geographical areas and financial, demographic and experience effects in other geographical areas.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:9.08pt">Defined benefit plans</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Defined benefit commitments relate mainly to employees who have already retired or taken early retirement, certain closed groups of active employees still accruing defined benefit pensions, and in-service death and disability benefits provided to most active employees. For the latter, the Group pays the required premiums to fully insure the related liability. The change in these pension commitments during the years ended December 31, 2025, 2024 and 2023 is presented below:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:28.633%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.595%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.034%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.899%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEFINED BENEFITS (MILLIONS OF EUROS)</span></div></td><td colspan="15" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Defined benefit obligation</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Plan assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net liability (asset)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Defined benefit obligation</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Plan assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net liability (asset)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Defined benefit obligation</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Plan assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net liability (asset)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,299</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,951</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,348</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,989</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,419</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,571</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,715</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,084</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,632</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current service cost</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest income/expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">475</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">369</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">472</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">356</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">115</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">425</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">311</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">114</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">330</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(330)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">143</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(143)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">106</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(106)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Past service costs</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Remeasurements</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">726</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">352</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">373</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(202)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(330)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">375</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">68</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">307</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%"> Return on plan assets </span><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">352</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(352)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(330)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">330</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">68</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(68)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in demographic assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(86)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(86)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in financial assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">520</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">520</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(362)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(362)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">248</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">248</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other actuarial gains and losses</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">185</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">185</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">158</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">158</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">212</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">212</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Benefit payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(546)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(275)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(271)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(564)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(230)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(334)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(655)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(232)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(424)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Settlement payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(76)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(75)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Business combinations and disposals</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Effect on changes in foreign exchange rates</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(100)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(83)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(467)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(416)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(51)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">124</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">153</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(29)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Conversions to defined contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other effects</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,915</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,650</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,265</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,299</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,951</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,348</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,989</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,419</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,571</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Spain</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,770</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">96</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,674</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,078</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">114</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,964</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,310</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,181</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Mexico</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,218</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,733</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">485</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,385</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,114</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">271</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,988</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,702</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">286</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Turkey</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">675</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">599</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">77</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">567</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">488</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">80</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">435</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">363</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">72</span></div></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Including gains and losses arising from settlements.</span></div><div style="margin-bottom:18pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Excluding interest, which is recorded under "Interest income or expense".</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balance under the heading “Provisions - Pensions and other post-employment defined benefit obligations” of the consolidated balance sheet as of December 31, 2025 includes €182 million relating to post-employment benefit commitments to former members of the Board of Directors and the Bank’s Management (see Note 54).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The most significant commitments are those in Spain and Mexico and, to a lesser extent, in Turkey. The remaining commitments are located mostly in Portugal and South America. Unless otherwise required by local regulation, all defined benefit plans have been closed to new entrants, who instead are able to participate in the Group´s defined contribution plans.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Both the costs and the present value of the commitments are determined by independent qualified actuaries using the “projected unit credit” method. In order to achieve the good governance of these plans, the Group has established specific benefits committees. These benefit committees include members from the different areas of the business to ensure that all decisions are made taking into consideration all of the associated impacts.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following table sets out the key actuarial assumptions used in the valuation of these commitments as of December 31, 2025, 2024 and 2023:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:26.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.898%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ACTUARIAL ASSUMPTIONS (%)</span></div></td><td colspan="12" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain </span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Discount rate</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.00 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.72 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31.1%</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.25 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.11 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31.02 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.43 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.44 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25.60 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rate of salary increase</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.50 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27.74 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.50 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27.80 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.50 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.44 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rate of pension increase</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.14 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26.24 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.92 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26.30 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.14 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21.94 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Medical cost trend rate</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.04 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30.44 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.00 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30.50 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.04 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26.14 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mortality tables</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">PER 2020</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EMSSA09</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">TUIK 2024</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">PER 2020</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EMSSA09</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">TUIK 2022</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">PER 2020</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EMSSA09</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">TUIK 2019</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In Spain, the discount rate shown as of December 31, 2025, corresponds to the discount rate for long-term commitments, with the discount rate used for short-term commitments being 2.75%.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Discount rates used to value future benefit cash flows have been determined by reference to high quality corporate bonds (see Note 2.2.13) denominated in Euro in the case of Spain and Mexican peso for Mexico, and government bonds denominated in Turkish Lira for Turkey. The expected return on plan assets has been set in line with the adopted discount rate. Assumed retirement ages have been set by reference to the earliest age at which employees are entitled to retire, the contractually agreed age in the case of early retirements in Spain or by using retirement rates.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Changes in the main actuarial assumptions may affect the valuation of the commitments. The table below shows the sensitivity of the benefit obligations to changes in the key assumptions:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:33.121%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.016%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.016%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.016%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.016%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.016%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.020%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">SENSITIVITY ANALYSIS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:17pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Basis points change</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr style="height:17pt"><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Increase</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Decrease</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Increase</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Decrease</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Increase</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Decrease</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Discount rate</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(262)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">287</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(213)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">232</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(265)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">291</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rate of salary increase</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rate of pension increase</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(38)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(32)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Medical cost trend rate</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">151</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(137)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(93)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">141</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(126)</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Change in obligation from each additional year of longevity</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">154</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">120</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">134</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The sensitivities provided above have been determined at the date of these consolidated financial statements, and reflect solely the impact of changing one individual assumption at a time, keeping the rest of the assumptions unchanged, thereby excluding the effects which may result from combined assumption changes.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition to the commitments to employees shown above, the Group has other less material long-term employee benefits. These include leaves and long-service awards, which consist of either an established monetary award or some vacation days granted to certain groups of employees when they complete a given number of years of service. Additionally, a fund related to the collective layoff procedure that was carried out in Banco Bilbao Vizcaya Argentaria, S.A. was created in 2021. As of December 31, 2025, 2024 and 2023, the actuarial liabilities for the outstanding awards amounted to €332 million, €384 million and €435 million, respectively. These commitments are recorded under the heading "Provisions - Other long-term employee benefits" of the consolidated balance sheet (see Note 24).</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:4.26pt">Post-employment commitments and similar obligations</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These commitments relate mostly to pension payments, and which have been determined based on salary and years of service. For most plans, pension payments are due on retirement, death and long-term disability.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, there are commitments with early retired personnel from Spanish companies of the Group. These commitments include the compensation and indemnities due as well as the contributions payable to external pension funds during the early retirement period. As of December 31, 2025, 2024 and 2023, the value of these commitments amounted to €173 million, €271 million and €412 million, respectively.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The change in the benefit plan obligations and plan assets during the year ended December 31, 2025 was as follows:</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:51.080%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.854%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.854%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.854%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.858%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">POST-EMPLOYMENT COMMITMENTS 2025 (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Rest </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">of the world</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Defined benefit obligation</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,078</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,125</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">567</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">260</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current service cost</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest income or expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">61</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">126</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">133</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Past service costs </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Remeasurements</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(104)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">374</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">141</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:13.5pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Return on plan assets</span><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in demographic assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in financial assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(91)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">344</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(22)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other actuarial gains and losses</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">97</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Benefit payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(275)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(138)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(34)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Settlement payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Business combinations and disposals</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Effect on changes in foreign exchange rates</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(155)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Conversions to defined contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other effects</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,770</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,522</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">675</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">246</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Vested benefit obligation relating to current employees</span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">72</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Vested benefit obligation relating to retired employees</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,698</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Plan Assets</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">114</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">748</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">488</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">234</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current service cost</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest income or expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">116</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">185</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Past service costs</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Remeasurements</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">93</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">110</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:13.5pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Return on plan assets </span><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">93</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">110</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(12)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in demographic assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in financial assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other actuarial gains and losses</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Benefit payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(138)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(24)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Settlement payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Business combinations and disposals</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Effect on changes in foreign exchange rates</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(133)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Conversions to defined contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other effects</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">96</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">986</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">599</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">223</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net liability (asset)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,964</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">377</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">80</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">26</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current service cost</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest income or expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(185)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(37)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Past service costs</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Remeasurements</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(99)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">281</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Return on plan assets </span><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(93)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(110)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in demographic assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in financial assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(91)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">344</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(22)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other actuarial gains and losses</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">97</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Benefit payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(259)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Settlement payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Business combinations and disposals</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Effect on changes in foreign exchange rates</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(22)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Conversions to defined contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other effects</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,674</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">536</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">77</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">23</span></td></tr></table></div><div style="padding-left:9pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:115%">(1) Including gains and losses arising from settlements.</span></div><div style="padding-left:9pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Excluding interest, which is recorded under "Interest income or expense".</span></div><div style="margin-bottom:10pt;margin-top:10pt;padding-left:1.44pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The change in net liabilities (assets) during the years ended December 31, 2024 and 2023 was as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:45.043%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.633%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">POST-EMPLOYMENT COMMITMENTS (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="12" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024: Net liability (assets)</span></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023: Net liability (assets)</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Turkey</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Rest of the world</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Turkey</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Rest of the world</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">2,181</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">311</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">72</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">23</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">2,399</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">132</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">103</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">25</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current service cost</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest income or expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">69</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">85</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(68)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(39)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(22)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(37)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(29)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Past service costs </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Remeasurements</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">139</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">67</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">175</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:13.5pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">Return on plan assets </span><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.55pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">125</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(50)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(129)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">25</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:13.5pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:13.5pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">From changes in demographic assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(14)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(2)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:13.5pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:13.5pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">From changes in financial assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">34</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(97)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">78</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">114</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(10)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:13.5pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:13.5pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">Other actuarial gains and losses</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">195</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(11)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">42</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">165</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">8</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Benefit payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(321)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(11)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(379)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(43)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Settlement payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Business combinations and disposals</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Effect on changes in foreign exchange rates</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(45)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(40)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Conversions to defined contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other effects</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">1,964</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">377</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">80</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">26</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">2,181</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">311</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">72</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">23</span></td></tr></table></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Includes gains and losses from settlements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In Spain, local regulation requires that pension and death benefit commitments must be funded, either through a qualified pension plan or an insurance contract.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the Spanish entities these commitments are covered by insurance contracts which meet the requirements of the accounting standard regarding the non-recoverability of contributions. However, a significant number of the insurance contracts are with BBVA Seguros, S.A. (a consolidated subsidiary and related party) and consequently these policies cannot be considered plan assets under IAS 19. For this reason, the liabilities insured under these policies are fully recognized under the heading "Provisions – Pensions and other post-employment defined benefit obligations" of the consolidated balance sheet (see Note 24), while the related assets held by the insurance company are included within the Group´s consolidated assets (recorded according to the classification of the corresponding financial instruments). As of December 31, 2025 the value of these separate assets was €1,371 million, (€1,553 million and €1,631 million as of December 31, 2024 and 2023, respectively) representing direct rights of the insured employees held in the consolidated balance sheet, hence these benefits are effectively fully funded.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On the other hand, some pension commitments have been funded through insurance contracts with insurance companies not related to the Group. In this case the consolidated balance sheet reflects the value of the obligations net of the fair value of the qualifying insurance policies. As of December 31, 2025, 2024 and 2023, the value of the aforementioned insurance policies (€96 million, €114 million and €130 million, respectively) exactly matches the value of the corresponding obligations and therefore no amount for this item has been recorded in the consolidated balance sheet.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Pension benefits are paid by the insurance companies with whom BBVA has insurance contracts and to whom all insurance premiums have been paid. The premiums are determined by the insurance companies using cash flow matching techniques to ensure that benefits can be met when due, guaranteeing both the actuarial (see Glossary) and interest rate risk (see Note 7.3.1).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In Mexico, there is a defined benefit plan for employees hired prior to 2001. Other employees participate in a defined contribution plan. External funds/trusts have been constituted locally to meet benefit payments as required by local regulation.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2008, the Turkish government passed a law to unify the different existing pension systems under a single umbrella Social Security system. Such system provides for the transfer of the various previously established funds. The financial sector is in this stage at present, maintaining these pension commitments managed by external pension funds (foundations) established for that purpose.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The foundation that maintains the assets and liabilities relating to employees of Garanti BBVA in Turkey, as per the local regulatory requirements, has recognized an obligation amounting to €259 million as of December 31, 2025 pending future transfer to the Social Security system. Furthermore, Garanti BBVA has set up a defined benefit pension plan for employees, additional to the social security benefits, reflected in the consolidated balance sheet.</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:2.39pt">Medical benefit commitments</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The change in defined benefit obligations and plan assets during the years 2025, 2024 and 2023 was as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:31.999%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.337%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="background-color:#ffffff;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MEDICAL BENEFITS COMMITMENTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Defined benefit obligation</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Plan assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Net liability (asset)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Defined benefit obligation</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Plan assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Net liability (asset)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Defined benefit obligation</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Plan assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Net liability (asset)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,269</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,367</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(98)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,728</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,744</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(16)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,448</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,476</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(28)</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current service cost</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest income or expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">145</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">161</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">168</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">165</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">106</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(106)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Past service costs </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Remeasurements</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">332</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">165</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(333)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(247)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(86)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Return on plan assets </span><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(167)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(247)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">247</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in demographic assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(70)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(70)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in financial assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">266</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">266</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(293)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(293)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">56</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">56</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other actuarial gain and losses</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">65</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">65</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(55)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(55)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Benefit payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(86)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(86)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(71)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(70)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(70)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(70)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Settlement payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Business combinations and disposals</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Effect on changes in foreign exchange rates</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(240)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(243)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">168</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other effects</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,702</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,747</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(45)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,269</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,367</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(98)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,728</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,744</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(16)</span></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Including gains and losses arising from settlements.</span></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Excluding interest, which is recorded under "Interest income or expense".</span></div><div style="margin-bottom:12pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In Mexico, there is a medical benefit plan for employees hired prior to 2007. New employees from 2007 are covered by a medical insurance policy. An external trust has been constituted locally to fund the plan, in accordance with local legislation and Group policy.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In Turkey, employees are currently provided with medical benefits through a foundation in collaboration with the Social Security system, although local legislation prescribes the future unification of this and similar systems into the general Social Security system itself.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The valuation of these benefits and their accounting treatment follow the same methodology as that employed in the valuation of pension commitments.</span></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:2.31pt">Estimated benefit payments</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, the estimated benefit payments over the next ten years for all the entities in Spain, Mexico and Turkey are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:32.420%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.985%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ESTIMATED BENEFIT PAYMENTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2027</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2028</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2029</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2030</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2031 - 2035</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commitments in Spain</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">380</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">240</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">209</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">180</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">153</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">557</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commitments in Mexico</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">229</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">246</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">261</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">278</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">297</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,635</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commitments in Turkey</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">75</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">895</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">639</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">522</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">516</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">516</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">525</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,087</span></td></tr></table></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:1.86pt">Plan assets </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The majority of the Group´s defined benefit plans are funded by plan assets held in external funds/trusts legally separate from the Group sponsoring entity. However, in accordance with local regulation, some commitments are not externally funded and covered through internally held provisions, principally those relating to early retirements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Plan assets are those assets which will be used to directly settle the assumed commitments and which meet the following conditions: they are not part of the Group sponsoring entities assets, they are available only to pay post-employment benefits and they cannot be returned to the Group sponsoring entity.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">To manage the assets associated with defined benefit plans, BBVA Group has established investment policies designed according to criteria of prudence and minimizing the financial risks associated with plan assets.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The investment policy consists of investing in a low risk and diversified portfolio of assets with maturities consistent with the term of the benefit obligation and which, together with contributions made to the plan, will be sufficient to meet benefit payments when due, thus mitigating the plans‘ risks.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In those countries where plan assets are held in pension funds or trusts, the investment policy is developed consistently with local regulation. When selecting specific assets, current market conditions, the risk profile of the assets and their future market outlook are all taken into consideration. In all the cases, the selection of assets takes into consideration the term of the benefit obligations as well as short-term liquidity requirements.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The risks associated with these commitments are those which give rise to a deficit in the plan assets. A deficit could arise from factors such as a fall in the market value of plan assets, an increase in long-term interest rates leading to a decrease in the fair value of fixed income securities, or a deterioration of the economy resulting in more write-downs and credit rating downgrades.</span></div><div style="margin-bottom:4pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The table below shows the allocation of plan assets of the main companies of the BBVA Group as of December 31, 2025, 2024 and 2023:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:43.780%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.273%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.273%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.274%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PLAN ASSETS BREAKDOWN (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash and cash equivalents</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">233</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities (government bonds)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,697</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,267</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,818</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mutual funds</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asset-backed securities</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Structured debt</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Insurance contracts</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,956</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,349</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,924</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Bank account in BBVA</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Debt certificates issued by BBVA</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Property occupied by BBVA</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:16pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition to the above there are plan assets relating to the previously mentioned insurance contracts in Spain and the foundation in Turkey.</span></div><div style="margin-bottom:7pt;margin-top:7pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following table provides details of investments in listed securities (level 1) as of December 31, 2025, 2024 and 2023:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:43.780%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.273%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.273%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.274%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">INVESTMENTS IN LISTED MARKETS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash and cash equivalents</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">233</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities (Government bonds)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,697</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,267</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,818</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mutual funds</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,931</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,328</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,904</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Bank account in BBVA</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Debt certificates issued by BBVA</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Property occupied by BBVA</span></div></td><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The remainder of the assets are mainly invested in Level 2 assets in in accordance with the classification established under IFRS 13 (mainly insurance contracts). As of December 31, 2025, almost all of the assets related to employee commitments corresponded to fixed income securities.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:6.89pt">Defined contribution plans</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Certain Group entities sponsor defined contribution plans. Some of these plans allow employees to make contributions which are then matched by the employer.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Contributions are recognized as and when they are accrued, with a charge to the consolidated income statement in the corresponding year. No liability is therefore recognized in the consolidated balance sheet (see Note 44.1).</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the net defined benefit liability recorded on the balance sheet as of December 31, 2025, 2024 and 2023 is provided below:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:57.104%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.278%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.278%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.281%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NET DEFINED BENEFIT LIABILITY (ASSET) ON THE CONSOLIDATED BALANCE SHEET (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:13pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pension commitments</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,040</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,759</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,849</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Early retirement commitments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">271</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">412</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Medical benefits commitments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,702</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,269</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,728</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other long-term employee benefits</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">332</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">384</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">435</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total commitments</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,247</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,683</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,424</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pension plan assets</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,903</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,584</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,675</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Medical benefit plan assets</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,747</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,367</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,744</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total plan assets </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,650</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,951</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,419</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total net liability / asset </span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,599</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,732</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,006</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Net asset on the consolidated balance sheet </span><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Net liability on the consolidated balance sheet for provisions for pensions and similar obligations </span><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,267</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,348</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,571</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Net liability on the consolidated balance sheet for other long-term employee benefits</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">332</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">384</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">435</span></div></td></tr></table></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) In Turkey, the foundation responsible for managing the benefit commitments holds an additional asset of €237 million as of December 31, 2025 which, in accordance with IFRS regarding the asset ceiling, has not been recognized in the Consolidated Financial Statements, because although it could be used to reduce future pension contributions it could not be immediately refunded to the employer. As of December 31, 2024 and 2023, this amount amounted to €123 million and €153 million, respectively.</span></div><div style="padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Recorded under the heading “Other Assets - Other” of the consolidated balance sheet (see Note 20).</span></div><div style="margin-bottom:18pt;padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(3) Recorded under the heading “Provisions - Provisions for pensions and similar obligations” of the consolidated balance sheet.</span></div>
4040000000
3759000000
3849000000
173000000
271000000
412000000
1702000000
1269000000
1728000000
332000000
384000000
435000000
6247000000
5683000000
6424000000
1903000000
1584000000
1675000000
1747000000
1367000000
1744000000
3650000000
2951000000
3419000000
2599000000
2732000000
3006000000
0
0
0
2267000000
2348000000
2571000000
332000000
384000000
435000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The impact relating to benefit commitments on the consolidated income statement for the years 2025, 2024 and 2023 is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:55.141%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.105%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CONSOLIDATED INCOME STATEMENT IMPACT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Interest income and expense</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">118</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">138</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">133</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">487</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">494</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">444</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(369)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(356)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(311)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Personnel expense</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">205</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">215</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">188</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined contribution plan expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44.1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">152</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">158</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">139</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined benefit plan expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44.1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Provisions or (reversal) of provisions</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">46</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">31</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Early retirement expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Past service cost expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Remeasurements </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other provision expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total impact on consolidated income statement: expense (income)</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">325</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">355</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">352</span></div></td></tr></table></div><div style="padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Actuarial losses (gains) on remeasurement of the net defined benefit liability relating to early retirements in Spain and other long-term employee benefits that are charged to the income statements (see Note 2.2.13).</span></div>
118000000
138000000
133000000
487000000
494000000
444000000
-369000000
-356000000
-311000000
205000000
215000000
188000000
152000000
158000000
139000000
43000000
51000000
49000000
10000000
6000000
0
2000000
3000000
31000000
0
0
0
6000000
7000000
36000000
-5000000
-5000000
-7000000
1000000
1000000
2000000
325000000
355000000
352000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amounts relating to post-employment benefits charged to the consolidated balance sheet correspond to the actuarial gains (losses) on remeasurement of the net defined benefit liability relating to pension and medical commitments before income taxes as of December 31, 2025, 2024 and 2023 are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:66.922%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.560%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">EQUITY IMPACT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined benefit plans</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">210</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">218</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">302</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Post-employment medical benefits</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">165</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(86)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total impact on equity: debit (credit)</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">375</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">132</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">314</span></div></td></tr></table></div>
210000000
218000000
302000000
165000000
-86000000
12000000
375000000
132000000
314000000
375000000
132000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Defined benefit commitments relate mainly to employees who have already retired or taken early retirement, certain closed groups of active employees still accruing defined benefit pensions, and in-service death and disability benefits provided to most active employees. For the latter, the Group pays the required premiums to fully insure the related liability. The change in these pension commitments during the years ended December 31, 2025, 2024 and 2023 is presented below:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:28.633%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.595%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.034%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.899%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEFINED BENEFITS (MILLIONS OF EUROS)</span></div></td><td colspan="15" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Defined benefit obligation</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Plan assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net liability (asset)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Defined benefit obligation</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Plan assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net liability (asset)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Defined benefit obligation</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Plan assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net liability (asset)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,299</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,951</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,348</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,989</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,419</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,571</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,715</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,084</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,632</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current service cost</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest income/expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">475</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">369</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">472</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">356</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">115</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">425</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">311</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">114</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">330</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(330)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">143</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(143)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">106</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(106)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Past service costs</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Remeasurements</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">726</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">352</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">373</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(202)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(330)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">375</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">68</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">307</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%"> Return on plan assets </span><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">352</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(352)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(330)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">330</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">68</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(68)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in demographic assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(86)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(86)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in financial assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">520</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">520</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(362)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(362)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">248</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">248</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other actuarial gains and losses</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">185</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">185</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">158</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">158</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">212</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">212</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Benefit payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(546)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(275)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(271)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(564)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(230)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(334)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(655)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(232)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(424)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Settlement payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(76)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(75)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Business combinations and disposals</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Effect on changes in foreign exchange rates</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(100)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(83)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(467)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(416)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(51)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">124</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">153</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(29)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Conversions to defined contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other effects</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,915</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,650</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,265</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,299</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,951</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,348</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,989</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,419</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,571</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Spain</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,770</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">96</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,674</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,078</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">114</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,964</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,310</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,181</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Mexico</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3,218</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,733</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">485</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,385</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,114</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">271</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,988</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,702</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">286</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Turkey</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">675</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">599</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">77</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">567</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">488</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">80</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">435</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">363</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">72</span></div></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Including gains and losses arising from settlements.</span></div><div style="margin-bottom:18pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Excluding interest, which is recorded under "Interest income or expense".</span></div>
5299000000
2951000000
2348000000
5989000000
3419000000
2571000000
5715000000
3084000000
2632000000
44000000
0
44000000
51000000
0
51000000
52000000
0
52000000
475000000
369000000
105000000
472000000
356000000
115000000
425000000
311000000
114000000
15000000
15000000
0
16000000
16000000
0
10000000
10000000
0
0
330000000
330000000
0
143000000
143000000
0
106000000
106000000
6000000
0
6000000
7000000
0
7000000
36000000
0
36000000
726000000
352000000
373000000
-202000000
-330000000
128000000
375000000
68000000
307000000
0
352000000
-352000000
0
-330000000
330000000
0
68000000
-68000000
21000000
0
21000000
2000000
0
2000000
-86000000
0
-86000000
520000000
0
520000000
-362000000
0
-362000000
248000000
0
248000000
185000000
0
185000000
158000000
0
158000000
212000000
0
212000000
-546000000
-275000000
271000000
-564000000
-230000000
334000000
-655000000
-232000000
424000000
0
0
0
1000000
1000000
0
76000000
75000000
1000000
0
0
0
0
0
0
-1000000
0
-1000000
-100000000
-83000000
-17000000
-467000000
-416000000
-51000000
124000000
153000000
-29000000
0
0
0
0
0
0
0
0
0
-4000000
-7000000
4000000
-3000000
-7000000
4000000
-15000000
-7000000
-8000000
5915000000
3650000000
2265000000
5299000000
2951000000
2348000000
5989000000
3419000000
2571000000
1770000000
96000000
1674000000
2078000000
114000000
1964000000
2310000000
129000000
2181000000
3218000000
2733000000
485000000
2385000000
2114000000
271000000
2988000000
2702000000
286000000
675000000
599000000
77000000
567000000
488000000
80000000
435000000
363000000
72000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following table sets out the key actuarial assumptions used in the valuation of these commitments as of December 31, 2025, 2024 and 2023:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:26.249%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.754%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.898%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ACTUARIAL ASSUMPTIONS (%)</span></div></td><td colspan="12" style="padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain </span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Discount rate</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.00 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.72 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31.1%</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.25 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.11 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31.02 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.43 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.44 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25.60 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rate of salary increase</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.50 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27.74 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.50 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27.80 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.50 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.44 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rate of pension increase</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.14 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26.24 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.92 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26.30 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.14 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21.94 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Medical cost trend rate</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.04 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30.44 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.00 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30.50 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.04 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26.14 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mortality tables</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">PER 2020</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EMSSA09</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">TUIK 2024</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">PER 2020</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EMSSA09</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">TUIK 2022</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">PER 2020</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">EMSSA09</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">TUIK 2019</span></div></td></tr></table></div>
0.0400
0.1072
0.311
0.0325
0.1211
0.3102
0.0343
0.1044
0.2560
0
0.0450
0.2774
0
0.0450
0.2780
0
0.0450
0.2344
0
0.0514
0.2624
0
0.0392
0.2630
0
0.0414
0.2194
0
0.0804
0.3044
0
0.0800
0.3050
0
0.0804
0.2614
PER 2020
EMSSA09
TUIK 2024
PER 2020
EMSSA09
TUIK 2022
PER 2020
EMSSA09
TUIK 2019
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Changes in the main actuarial assumptions may affect the valuation of the commitments. The table below shows the sensitivity of the benefit obligations to changes in the key assumptions:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:33.121%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.016%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.016%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.016%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.016%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.016%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.020%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">SENSITIVITY ANALYSIS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:17pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Basis points change</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr style="height:17pt"><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Increase</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Decrease</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Increase</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Decrease</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Increase</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Decrease</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Discount rate</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(262)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">287</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(213)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">232</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(265)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">291</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rate of salary increase</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rate of pension increase</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(38)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(26)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(32)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Medical cost trend rate</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">151</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(137)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">102</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(93)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">141</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(126)</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Change in obligation from each additional year of longevity</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">154</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">120</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">134</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr></table></div>
0.0050
-262
287
-213
232
-265
291
0.0050
5
-5
4
-4
4
-4
0.0050
40
-38
27
-26
34
-32
0.0050
151
-137
102
-93
141
-126
154
0
120
0
134
0
332000000
384000000
435000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The change in the benefit plan obligations and plan assets during the year ended December 31, 2025 was as follows:</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:51.080%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.854%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.854%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.854%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.858%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">POST-EMPLOYMENT COMMITMENTS 2025 (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Turkey</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Rest </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">of the world</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Defined benefit obligation</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,078</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,125</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">567</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">260</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current service cost</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest income or expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">61</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">126</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">133</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Past service costs </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Remeasurements</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(104)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">374</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">141</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:13.5pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Return on plan assets</span><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in demographic assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in financial assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(91)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">344</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(22)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other actuarial gains and losses</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">97</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Benefit payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(275)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(138)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(34)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Settlement payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Business combinations and disposals</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Effect on changes in foreign exchange rates</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(155)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Conversions to defined contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other effects</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,770</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,522</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">675</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">246</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Vested benefit obligation relating to current employees</span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">72</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Vested benefit obligation relating to retired employees</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,698</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#e2e6ea;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Plan Assets</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">114</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">748</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">488</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">234</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current service cost</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest income or expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">116</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">185</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Past service costs</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Remeasurements</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">93</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">110</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:13.5pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Return on plan assets </span><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">93</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">110</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(12)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in demographic assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in financial assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other actuarial gains and losses</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Benefit payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(138)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(24)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Settlement payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Business combinations and disposals</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Effect on changes in foreign exchange rates</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(133)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Conversions to defined contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other effects</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">96</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">986</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">599</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">223</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Net liability (asset)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,964</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">377</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">80</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">26</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current service cost</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest income or expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(185)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(37)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Past service costs</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Remeasurements</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(99)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">281</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Return on plan assets </span><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(93)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(110)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">12</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in demographic assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in financial assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(91)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">344</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(22)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other actuarial gains and losses</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(13)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">97</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Benefit payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(259)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Settlement payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Business combinations and disposals</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Effect on changes in foreign exchange rates</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(22)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Conversions to defined contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other effects</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,674</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">536</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">77</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">23</span></td></tr></table></div><div style="padding-left:9pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:115%">(1) Including gains and losses arising from settlements.</span></div><div style="padding-left:9pt;text-indent:-9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Excluding interest, which is recorded under "Interest income or expense".</span></div><div style="margin-bottom:10pt;margin-top:10pt;padding-left:1.44pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The change in net liabilities (assets) during the years ended December 31, 2024 and 2023 was as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:45.043%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.632%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.633%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">POST-EMPLOYMENT COMMITMENTS (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="12" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024: Net liability (assets)</span></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023: Net liability (assets)</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Turkey</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Rest of the world</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Spain</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Mexico</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Turkey</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Rest of the world</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">2,181</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">311</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">72</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">23</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">2,399</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">132</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">103</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">25</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current service cost</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest income or expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">69</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">85</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(68)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(39)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(22)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(37)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(23)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(29)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Past service costs </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Remeasurements</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">139</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">67</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">175</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:13.5pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">Return on plan assets </span><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.55pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">125</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(50)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(129)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">25</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:13.5pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:13.5pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">From changes in demographic assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(14)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(2)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:13.5pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:13.5pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">From changes in financial assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">34</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(97)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">78</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">114</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(10)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:13.5pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:13.5pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">Other actuarial gains and losses</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(10)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">22</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">195</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">(11)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">42</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">165</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-style:italic;font-weight:400;line-height:120%">8</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Benefit payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(321)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(11)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(379)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(43)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Settlement payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Business combinations and disposals</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Effect on changes in foreign exchange rates</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(45)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(8)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(40)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Conversions to defined contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other effects</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">1,964</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">377</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">80</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">26</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">2,181</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">311</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">72</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">23</span></td></tr></table></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Includes gains and losses from settlements.</span></div><div style="margin-bottom:12pt;padding-left:13.5pt;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Excludes interest which is reflected in the line item “Interest income and expense”.</span></div>
2078000000
1125000000
567000000
260000000
4000000
9000000
16000000
3000000
61000000
126000000
133000000
9000000
0
0
13000000
2000000
0
0
0
0
0
0
4000000
2000000
-104000000
374000000
141000000
-17000000
0
0
0
0
0
0
21000000
0
-91000000
344000000
22000000
-22000000
-13000000
30000000
97000000
5000000
-275000000
-138000000
-34000000
-12000000
0
0
0
0
0
0
0
0
0
26000000
-155000000
-1000000
0
0
0
0
6000000
0
-10000000
0
1770000000
1522000000
675000000
246000000
72000000
1698000000
114000000
748000000
488000000
234000000
0
0
0
0
3000000
81000000
116000000
8000000
0
0
13000000
2000000
0
185000000
37000000
2000000
0
0
0
0
-5000000
93000000
110000000
-12000000
-5000000
93000000
110000000
-12000000
0
0
0
0
0
0
0
0
0
0
0
0
-16000000
-138000000
-24000000
-11000000
0
0
0
0
0
0
0
0
0
18000000
-133000000
0
0
0
0
0
0
0
-7000000
0
96000000
986000000
599000000
223000000
1964000000
377000000
80000000
26000000
4000000
9000000
16000000
3000000
58000000
45000000
17000000
1000000
0
0
0
0
0
-185000000
-37000000
-2000000
0
0
4000000
2000000
-99000000
281000000
31000000
-5000000
5000000
-93000000
-110000000
12000000
0
0
21000000
0
-91000000
344000000
22000000
-22000000
-13000000
30000000
97000000
5000000
-259000000
0
-11000000
-1000000
0
0
0
0
0
0
0
0
0
8000000
-22000000
-1000000
0
0
0
0
6000000
0
-2000000
0
1674000000
536000000
77000000
23000000
2181000000
311000000
72000000
23000000
2399000000
132000000
103000000
25000000
4000000
10000000
18000000
3000000
3000000
9000000
17000000
3000000
69000000
30000000
16000000
2000000
85000000
17000000
8000000
2000000
0
0
0
0
0
0
0
0
0
-68000000
-39000000
-22000000
0
-37000000
-23000000
-29000000
0
0
3000000
4000000
0
0
33000000
3000000
23000000
139000000
32000000
19000000
67000000
175000000
32000000
21000000
-1000000
125000000
-50000000
10000000
0
19000000
-129000000
25000000
0
2000000
-15000000
0
0
0
-14000000
-2000000
34000000
-10000000
-97000000
3000000
78000000
114000000
10000000
-10000000
-10000000
22000000
195000000
6000000
-11000000
42000000
165000000
8000000
-321000000
0
-11000000
-1000000
-379000000
0
-43000000
-1000000
0
0
0
0
0
0
0
-1000000
0
0
0
0
0
0
0
-1000000
0
-45000000
-8000000
-2000000
0
15000000
-40000000
1000000
0
0
0
0
0
0
0
0
8000000
0
-4000000
0
6000000
0
-14000000
0
1964000000
377000000
80000000
26000000
2181000000
311000000
72000000
23000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The change in defined benefit obligations and plan assets during the years 2025, 2024 and 2023 was as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:31.999%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.337%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="background-color:#ffffff;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MEDICAL BENEFITS COMMITMENTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Defined benefit obligation</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Plan assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Net liability (asset)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Defined benefit obligation</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Plan assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Net liability (asset)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Defined benefit obligation</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Plan assets</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Net liability (asset)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,269</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,367</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(98)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,728</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,744</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(16)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,448</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,476</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(28)</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current service cost</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest income or expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">145</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">161</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">168</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">165</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">106</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(106)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Past service costs </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Remeasurements</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">332</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">165</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(333)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(247)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(86)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Return on plan assets </span><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(167)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(247)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">247</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">17</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in demographic assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(70)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(70)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">From changes in financial assumptions</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">266</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">266</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(293)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(293)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">56</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">56</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other actuarial gain and losses</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">65</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">65</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(55)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(55)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">8</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Benefit payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(86)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(86)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(71)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(70)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(70)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(70)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Settlement payments</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Business combinations and disposals</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Effect on changes in foreign exchange rates</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(240)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(243)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">168</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other effects</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,702</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,747</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(45)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,269</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,367</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(98)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,728</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,744</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(16)</span></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Including gains and losses arising from settlements.</span></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Excluding interest, which is recorded under "Interest income or expense".</span></div>
1269000000
1367000000
-98000000
1728000000
1744000000
-16000000
1448000000
1476000000
-28000000
13000000
0
13000000
18000000
0
18000000
20000000
0
20000000
145000000
161000000
-16000000
167000000
168000000
-2000000
167000000
165000000
2000000
0
0
0
0
0
0
0
0
0
0
106000000
-106000000
0
15000000
-15000000
0
17000000
-17000000
0
0
0
0
0
0
0
0
0
332000000
167000000
165000000
-333000000
-247000000
-86000000
-5000000
-17000000
12000000
0
167000000
-167000000
0
-247000000
247000000
0
-17000000
17000000
0
0
0
15000000
0
15000000
-70000000
0
-70000000
266000000
0
266000000
-293000000
0
-293000000
56000000
0
56000000
65000000
0
65000000
-55000000
0
-55000000
8000000
0
8000000
-86000000
-86000000
0
-71000000
-70000000
0
-70000000
-70000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
30000000
32000000
-2000000
-240000000
-243000000
3000000
168000000
173000000
-5000000
0
0
0
0
0
0
0
0
0
1702000000
1747000000
-45000000
1269000000
1367000000
-98000000
1728000000
1744000000
-16000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, the estimated benefit payments over the next ten years for all the entities in Spain, Mexico and Turkey are as follows:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:32.420%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.985%"></td><td style="width:0.1%"></td></tr><tr><td colspan="21" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ESTIMATED BENEFIT PAYMENTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2027</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2028</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2029</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2030</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2031 - 2035</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commitments in Spain</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">380</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">240</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">209</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">180</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">153</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">557</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commitments in Mexico</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">229</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">246</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">261</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">278</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">297</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,635</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commitments in Turkey</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">75</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">895</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">639</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">522</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">516</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">516</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">525</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,087</span></td></tr></table></div>
380000000
240000000
209000000
180000000
153000000
557000000
229000000
246000000
261000000
278000000
297000000
1635000000
30000000
36000000
46000000
58000000
75000000
895000000
639000000
522000000
516000000
516000000
525000000
3087000000
<div style="margin-bottom:4pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The table below shows the allocation of plan assets of the main companies of the BBVA Group as of December 31, 2025, 2024 and 2023:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:43.780%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.273%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.273%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.274%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PLAN ASSETS BREAKDOWN (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash and cash equivalents</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">233</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities (government bonds)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,697</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,267</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,818</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mutual funds</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asset-backed securities</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Structured debt</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Insurance contracts</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,956</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,349</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,924</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Bank account in BBVA</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Debt certificates issued by BBVA</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Property occupied by BBVA</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr></table></div>
233000000
60000000
86000000
2697000000
2267000000
2818000000
1000000
1000000
0
0
0
0
0
0
0
24000000
21000000
21000000
2956000000
2349000000
2924000000
6000000
25000000
23000000
0
0
0
0
0
0
<div style="margin-bottom:7pt;margin-top:7pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The following table provides details of investments in listed securities (level 1) as of December 31, 2025, 2024 and 2023:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:43.780%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.273%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.273%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.274%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">INVESTMENTS IN LISTED MARKETS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash and cash equivalents</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">233</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">86</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities (Government bonds)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,697</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,267</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,818</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mutual funds</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,931</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,328</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,904</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Bank account in BBVA</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">23</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Debt certificates issued by BBVA</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Property occupied by BBVA</span></div></td><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:1pt solid #FFFFFF;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr></table></div>
233000000
60000000
86000000
2697000000
2267000000
2818000000
1000000
1000000
0
2931000000
2328000000
2904000000
6000000
25000000
23000000
0
0
0
0
0
0
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:11.78pt">Capital</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025 and 2024 BBVA’s share capital amounted to €2,797,394,663.00 and €2,824,009,877.85 divided into 5,708,968,700 and 5,763,285,465 shares, respectively. As of December 31, 2023 BBVA’s share capital amounted to €2,860,590,786.20 divided into 5,837,940,380 shares. These decreases have been the result, respectively, of the partial execution of the share capital reduction resolution adopted by the Annual General Shareholders’ Meeting of BBVA held on March 21, 2025, under agenda item three, and of the partial execution of the share capital reduction resolution adopted by the Annual General Shareholders' Meeting of BBVA held on March 15, 2024, under item 3 of the agenda, which were notified through Other Relevant Information notices on December 23, 2025 and on May 24, 2024, respectively (see Note 4).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, the shares were fully subscribed and paid-up, of the same class and series, of €0.49 par value each, and represented through book-entry accounts. All of the Bank´s shares carry the same voting and dividend rights, and no single stockholder enjoys special voting rights. Each and every share is part of the Bank’s capital.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Bank’s shares are traded on the stock markets of Madrid, Barcelona, Bilbao and Valencia through the Sistema de Interconexión Bursátil Español (Mercado Continuo), as well as on the London and Mexico stock markets. BBVA American Depositary Shares (ADSs) traded on the New York Stock Exchange under the ticker “BBVA”. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, as of December 31, 2025, the shares of Banco BBVA Peru, S.A., BBVA Banco Provincial, S.A., Banco BBVA Colombia, S.A., Banco BBVA Argentina, S.A., and Garanti BBVA A.S., were listed on their respective local stock markets. Banco BBVA Argentina, S.A. was also quoted in the Latin American market (Latibex) of the Madrid Stock Exchange and, through its American Depositary Shares (ADSs) on the New York Stock Exchange. Also, the Depositary Receipts (“DR”) of Garanti BBVA, A.S. are listed in the London Stock Exchange. BBVA is also currently included, amongst other indexes, in the IBEX 35® Index, which is made up by the 35 most liquid securities traded on the Spanish Market and, technically, it is a price index that is weighted by capitalization and adjusted according to the free float of each company comprised in the index.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, State Street Bank and Trust Company, The Bank of New York Mellon, Chase Nominees and Northern Trust Company, in their capacity as international custodian/depositary banks, held 13.87%, 11.33%, 9.69%, and 3.14% of BBVA ordinary shares, respectively. Of said positions held by the custodian banks, BBVA is not aware of any individual shareholders with direct or indirect holdings greater than or equal to 3% of BBVA ordinary shares outstanding.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On February 5, 2024, BlackRock, Inc. reported to the SEC that it beneficially owned 7.2% of BBVA’s ordinary shares. On August 13, 2025, Capital Research and Management Company reported to the SEC that it indirectly had voting power over 3.1% of BBVA’s ordinary shares. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA is not aware of any direct or indirect interests through which control of the Bank may be exercised. Furthermore, BBVA has not received any information on stockholder agreements, including agreements regulating the exercise of voting rights at its Annual General Shareholders' Meetings or restricting or placing conditions on the free transferability of BBVA shares. No agreement is known to BBVA that could give rise to changes in the control of the Bank.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA banking subsidiaries, associates and joint ventures worldwide, are subject to supervision and regulation from a variety of regulatory bodies in relation to, among other aspects, the satisfaction of minimum capital requirements. The obligation to satisfy such capital requirements may affect the ability of such entities to transfer funds in the form of cash dividends, loans or advances. In addition, under the laws of the various jurisdictions where such entities are incorporated, dividends may only be paid out through funds legally available for such purpose. Even when the minimum capital requirements are met and funds are legally available, the relevant regulators or other public administrations could discourage or delay the transfer of funds to the Group in the form of cash, dividends, loans or advances for prudential reasons.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Resolutions adopted by the Annual General Shareholders' Meeting </span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Capital increase</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA's Annual General Shareholders' Meeting held on March 18, 2022 resolved, under agenda item four, to confer authority on the Board of Directors of BBVA to increase BBVA's share capital, on one or several occasions, within the legal term of five years to be counted as from the date on which this resolution was adopted, up to the maximum amount corresponding to 50% of BBVA's share capital at the time of this authorization. Likewise, the Annual General Shareholders' Meeting resolved to confer on the Board of Directors authority to exclude shareholders' pre-emptive subscription rights, in whole or in part, within the framework of a specific issue of shares that may be made thereunder.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">However, the power to exclude pre-emptive subscription rights was limited, such that the nominal amount of any share capital increases resolved or effectively carried out with the exclusion of pre-emptive subscription rights and those that may be resolved or carried out to cover the conversion of convertible issuances that may equally be made with the exclusion of pre-emptive subscription rights in use of the authority delegated to issue convertible securities (other than contingently convertible securities, envisaged to meet regulatory requirements for their eligibility as capital instruments (CoCo)) as resolved by BBVA's Annual General Shareholders' Meeting held on March 18, 2022 under agenda item five and which is described in Note 22.4.1 (without prejudice to anti-dilution adjustments), may not exceed the nominal maximum overall amount of 10% of BBVA's share capital at the time of this authorization. This authority repealed the authority conferred by the Annual General Shareholders' Meeting held on March 17, 2017 under its agenda item four, which BBVA did not use. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of the date of preparation of these Consolidated Financial Statements, the Bank has not made use of the delegation granted by the General Shareholders' Meeting.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Extraordinary General Shareholders' Meeting of BBVA held on July 5, 2024 resolved, under item one of the agenda, to authorize an increase in BBVA’s share capital for up to a maximum nominal amount of €551,906,524.05 by issuing and putting into circulation up to 1,126,339,845 ordinary shares with a par value of €0.49 each, of the same class and series, and with the same rights as the outstanding shares at such date, represented in book-entry form, with non-cash contributions for the purposes of covering the consideration of the voluntary tender offer for the acquisition of up to 100% of the shares of Banco de Sabadell, S.A. announced by BBVA.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA's Annual General Shareholders' Meeting held on March 21, 2025 resolved, under item four of the agenda, to renew said agreement for its execution within a period of one (1) year from that date. The voluntary tender offer was terminated on October 16, 2025, after the CNMV published the results thereof and the minimum acceptance condition set by BBVA was not met; therefore, the Bank will not exercise the delegation granted by the Annual General Shareholders' Meeting.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Capital Decrease</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA's Annual General Shareholders' Meeting held on March 17, 2023 resolved, under agenda item three, to approve the share capital reduction of BBVA by up to a maximum amount of 10% of the share capital on the date of this resolution, through the redemption of own shares acquired derivatively by BBVA by virtue of the authorization granted by the General Shareholders' Meeting held on March 18, 2022 under item six of the agenda, through any mechanism whose objective or purpose is redemption. Pursuant to the resolution, its implementation period ended on the date of the following Annual General Shareholders' Meeting, being rendered null and void from that date in respect of the amount not executed. The Annual General Shareholders' Meeting conferred authority on the Board of Directors of BBVA, with sub-delegation powers, to totally or partially execute the aforementioned share capital reduction, on one or more occasions, repealing the resolution adopted by the Annual General Shareholders' Meeting held on March 18, 2022, under agenda item seven.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In execution of said resolution, (see Note 4), BBVA has carried out the following share capital reductions: </span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">On June 2, 2023, BBVA notified the partial execution of the resolution through the reduction of BBVA’s share capital in a nominal amount of €31,675,343.91 and the consequent cancellation, charged to unrestricted reserves, of the 64,643,559 own shares of €0.49 par value each acquired derivatively by the Bank in execution of a share buyback program and which were held as treasury shares.</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">On December 19, 2023, BBVA notified the second partial execution of the resolution through the reduction of BBVA’s share capital in a nominal amount of €62,490,986.25 and the consequent cancellation, charged to unrestricted reserves, of the 127,532,625 own shares of €0.49 par value each acquired derivatively by the Bank in execution of a share buyback program and which were held as treasury share.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA's Annual General Shareholders' Meeting held on March 15, 2024 resolved, under agenda item three, to approve the share capital reduction of BBVA by up to a maximum amount of 10% of the share capital on the date of this resolution, through the redemption of own shares acquired derivatively by BBVA by virtue of the authorization granted by the General Shareholders' Meeting held on March 18, 2022 under item six of the agenda, through any mechanism whose objective or purpose is redemption. Pursuant to the resolution, its implementation period will end on the date of the following Annual General Shareholders' Meeting, being rendered null and void from that date in respect of the amount not executed. The Annual General Shareholders' Meeting conferred authority on the Board of Directors of BBVA, with sub-delegation powers, to totally or partially execute the aforementioned share capital reduction, on one or more occasions, repealing the resolution adopted by the Annual General Shareholders' Meeting held on March 17, 2023, under agenda item three, whose executions are described above. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In execution of the resolution of the Annual General Shareholders' Meeting held on March 15, 2024, BBVA has carried out the following share capital reduction (see Note 4):</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">On May 24, 2024, BBVA notified the partial execution of the resolution through the reduction of BBVA's share capital in a nominal amount of €36,580,908.35 and the consequent cancellation, charged to unrestricted reserves, of 74,654,915 own shares of €0.49 par value each acquired derivatively by the Bank in execution of a share buyback program and which were held as treasury shares.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Annual General Shareholders' Meeting of BBVA held on March 21, 2025, in the third item of its agenda, agreed to approve the reduction of BBVA's share capital up to a maximum amount corresponding to 10% of the share capital on the date of the agreement, through the amortization of own shares that have been derivatively acquired by BBVA under the authorization conferred by the General Shareholders' Meeting of BBVA held on March 18, 2022 under its sixth item of the agenda, through any mechanism with the aim of being amortized and whose execution period was determined to be until the date of the next Annual General Shareholders' Meeting, with any unexecuted part remaining without effect as of said date. The Annual General Shareholders' Meeting authorized the Board of Directors, with powers of subdelegation, to execute all or part of the reduction of the share capital, in one or several times, leaving without effect, in its unused part, the resolution adopted by the Annual General Shareholders' Meeting held on March 15, 2024, in the third item of the agenda, whose partial executions have been described above.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the execution of the Annual General Shareholders' Meeting held on March 21, 2025, BBVA has executed the following share capital reduction (see Note 4):</span></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000519;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">On December 23, 2025, BBVA notified the partial execution of the aforementioned resolution through the reduction of BBVA's share capital in a nominal amount of €26,615,214.85 and the consequent cancellation, charged to unrestricted reserves, of 54,316,765 own shares of €0.49 par value each acquired derivatively by the Bank in execution of a share buyback program and which were held as treasury shares.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Convertible and/or exchangeable securities</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Note 22.4 introduces the details of the convertible and/or exchangeable securities.</span></div>
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:13.27pt">Share premium</span><div style="margin-bottom:12pt;margin-top:6pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, the balance under this heading in the consolidated balance sheets was €18,469 million. As of December 31, 2024 and 2023, the balance under this heading was €19,184 million and €19,769 million, respectively (see Note 4). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amended Spanish Corporation Act expressly permits the use of the share premium balance to increase capital and establishes no specific restrictions as to its use (see Note 26).</span></div>
18469000000
19184000000
19769000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:11.95pt">Retained earnings and other reserves</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:16pt;font-weight:700;line-height:120%"> </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.7pt">Breakdown of the balance </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated balance sheets is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:67.623%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.717%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.140%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">RETAINED EARNINGS AND OTHER RESERVES. BREAKDOWN BY CONCEPTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Legal reserve</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">559</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">565</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">572</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Restricted reserve </span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">746</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">582</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">561</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Voluntary reserves</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,529</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,470</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,478</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total reserves holding company</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,834</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,616</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,612</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Consolidation reserves attributed to the Bank and subsidiary consolidated companies</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,715</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,891</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,639</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">46,550</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">42,507</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">38,251</span></td></tr></table></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:6.51pt">Legal reserve </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Under the amended Spanish Corporations Act, 10% of any profit made each year must be transferred to the legal reserve. The transfer must be made until the legal reserve reaches 20% of the common stock.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The legal reserve can be used to increase the common stock provided that the remaining reserve balance does not fall below 10% of the increased capital. While it does not exceed 20% of the common stock, it can only be allocated to offset losses exclusively in the case that there are not sufficient reserves available.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:6.42pt">Restricted reserves </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, the Bank’s restricted reserves are as follows:</span></div><div style="margin-bottom:2pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:61.452%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.384%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">RESTRICTED RESERVES. BREAKDOWN BY CONCEPTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Restricted reserve for retired capital</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">558</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">531</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">495</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Restricted reserve for Parent Company shares and loans for those shares</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">187</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Restricted reserve for redenomination of capital in euros</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">746</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">582</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">561</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:1.44pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The restricted reserve for retired capital includes the partial executions of the capital reduction resolutions adopted by BBVA's General Shareholders' Meeting held on March 21, 2025, March 15, 2024 and March 17, 2023, respectively (see Note 26). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The second heading corresponds to restricted reserves related to the amount of shares issued by the Bank in its possession at each date, as well as the amount of customer loans outstanding at those dates that were granted for the purchase of, or are secured by, the parent company shares. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Finally, pursuant to Law 46/1998 on the Introduction of the Euro, a restricted reserve is recognized as a result of the rounding effect of the redenomination of the parent company common stock in euros.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:5.9pt">Retained earnings and other reserves by entity</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown, by company or corporate group, under the headings “Retained earnings” and “other reserves” in the consolidated balance sheets is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:59.769%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.943%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.943%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.945%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">RETAINED EARNINGS AND OTHER RESERVES. BREAKDOWN BY COMPANY OR CORPORATE GROUP </span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Retained earnings (losses), revaluation reserves and other reserves</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Holding Company </span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,311</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,157</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,672</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Mexico Group</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,235</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,209</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,705</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Garanti BBVA Group</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,291</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,065</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,857</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Provincial Group</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,803</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,774</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,758</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Colombia Group</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,655</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,639</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,573</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Argentina Group</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,427</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,315</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,474</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Peru Group</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,356</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,245</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,158</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Forum Chile Group</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">672</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">663</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">652</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Uruguay Group</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">215</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">166</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">139</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Corporación General Financiera, S.A.</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">494</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">410</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">368</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BV America, S.L.</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">474</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">469</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">374</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Leasing México, S.A. DE CV</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">252</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">221</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">181</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Bilbao Vizcaya Holding, S.A.</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">140</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">205</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">198</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gran Jorge Juan, S.A.</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Technology América S.A.</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">109</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">87</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Anida Operaciones Singulares, S.A.</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5,509)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5,524)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5,497)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tree Inversiones Inmobiliarias, S.A.</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(231)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(288)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(357)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other Real State Spanish Companies ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,063)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,152)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,164)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">243</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,778</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,734</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,488</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other reserves or accumulated losses of investments in joint ventures and associates</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">ATOM Holdco Limited</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(167)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(169)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(181)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Metrovacesa, S.A.</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(120)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(84)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(84)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(228)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(227)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(237)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">46,550</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">42,507</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">38,251</span></td></tr></table><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:115%">(1) Includes balances corresponding to Sociedades inmobiliarias CX, Anida Grupo Inmobiliario and Sociedades inmobiliarias Unnim.</span></div>For the purpose of allocating the reserves and accumulated losses to the consolidated entities and to the parent company, the transfers of reserves arising from the dividends paid and transactions between these entities are taken into account in the period in which they took place.
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated balance sheets is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:67.623%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.717%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.140%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">RETAINED EARNINGS AND OTHER RESERVES. BREAKDOWN BY CONCEPTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Legal reserve</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">559</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">565</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">572</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Restricted reserve </span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">746</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">582</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">561</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Voluntary reserves</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,529</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,470</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,478</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total reserves holding company</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">11,834</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7,616</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,612</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Consolidation reserves attributed to the Bank and subsidiary consolidated companies</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,715</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,891</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,639</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">46,550</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">42,507</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">38,251</span></td></tr></table></div>
559000000
565000000
572000000
746000000
582000000
561000000
10529000000
6470000000
5478000000
11834000000
7616000000
6612000000
34715000000
34891000000
31639000000
46550000000
42507000000
38251000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, the Bank’s restricted reserves are as follows:</span></div><div style="margin-bottom:2pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:61.452%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.384%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">RESTRICTED RESERVES. BREAKDOWN BY CONCEPTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Restricted reserve for retired capital</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">558</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">531</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">495</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Restricted reserve for Parent Company shares and loans for those shares</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">187</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Restricted reserve for redenomination of capital in euros</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">746</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">582</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">561</span></td></tr></table></div>
558000000
531000000
495000000
187000000
49000000
65000000
2000000
2000000
2000000
746000000
582000000
561000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown, by company or corporate group, under the headings “Retained earnings” and “other reserves” in the consolidated balance sheets is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:59.769%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.943%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.943%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.945%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">RETAINED EARNINGS AND OTHER RESERVES. BREAKDOWN BY COMPANY OR CORPORATE GROUP </span></div><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Retained earnings (losses), revaluation reserves and other reserves</span></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Holding Company </span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,311</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,157</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,672</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Mexico Group</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,235</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,209</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,705</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Garanti BBVA Group</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,291</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,065</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,857</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Provincial Group</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,803</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,774</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,758</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Colombia Group</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,655</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,639</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,573</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Argentina Group</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,427</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,315</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,474</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Peru Group</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,356</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,245</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,158</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Forum Chile Group</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">672</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">663</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">652</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Uruguay Group</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">215</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">166</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">139</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Corporación General Financiera, S.A.</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">494</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">410</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">368</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BV America, S.L.</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">474</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">469</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">374</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Leasing México, S.A. DE CV</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">252</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">221</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">181</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Bilbao Vizcaya Holding, S.A.</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">140</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">205</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">198</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gran Jorge Juan, S.A.</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">83</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Technology América S.A.</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">109</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">87</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Anida Operaciones Singulares, S.A.</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5,509)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5,524)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5,497)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tree Inversiones Inmobiliarias, S.A.</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(231)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(288)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(357)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other Real State Spanish Companies ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,063)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,152)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,164)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">243</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,778</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,734</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,488</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other reserves or accumulated losses of investments in joint ventures and associates</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">ATOM Holdco Limited</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(167)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(169)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(181)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Metrovacesa, S.A.</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(120)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(84)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(84)</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(228)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(227)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(237)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">46,550</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">42,507</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">38,251</span></td></tr></table><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:115%">(1) Includes balances corresponding to Sociedades inmobiliarias CX, Anida Grupo Inmobiliario and Sociedades inmobiliarias Unnim.</span></div>
19311000000
18157000000
15672000000
19235000000
17209000000
15705000000
6291000000
6065000000
5857000000
1803000000
1774000000
1758000000
1655000000
1639000000
1573000000
1427000000
1315000000
1474000000
1356000000
1245000000
1158000000
672000000
663000000
652000000
215000000
166000000
139000000
494000000
410000000
368000000
474000000
469000000
374000000
252000000
221000000
181000000
140000000
205000000
198000000
105000000
83000000
66000000
109000000
92000000
87000000
-5509000000
-5524000000
-5497000000
-231000000
-288000000
-357000000
-1063000000
-1152000000
-1164000000
41000000
-14000000
243000000
46778000000
42734000000
38488000000
-167000000
-169000000
-181000000
-120000000
-84000000
-84000000
59000000
26000000
28000000
-228000000
-227000000
-237000000
46550000000
42507000000
38251000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:11.78pt">Treasury shares</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the years ended December 31, 2025, 2024 and 2023 the Group entities performed the following transactions with shares issued by the Bank:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:35.085%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.423%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TREASURY SHARES (MILLIONS OF EUROS)</span></div></td><td colspan="9" style="border-bottom:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Number of Shares</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Millions of Euros</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Number of Shares</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Millions of Euros</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Number of Shares</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Millions of Euros</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,666,856</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,386,625</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">34</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,485,414</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">29</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> + Purchases</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">126,490,393</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,994</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">154,564,499</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,528</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">301,882,728</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,166</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> - Sales and other changes</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(115,548,741)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,761)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(152,284,268)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,497)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(302,981,517)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,161)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,608,508</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">299</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,666,856</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,386,625</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">34</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Of which:</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Held by BBVA, S.A.</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,496,937</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">152</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">410,370</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Held by Corporación General Financiera, S.A.</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,111,571</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">148</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,256,486</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">59</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,354,004</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">31</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Held by other subsidiaries</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">32,621</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Average purchase price in Euros</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15.77</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.89</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Average selling price in Euros (including other changes)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15.20</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.89</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.14</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net gains or losses on transactions <br/>(Shareholders' funds-Reserves)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> In 2025, 2024 and 2023 there were transactions included in the share buyback program (see Note 4).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The percentages of treasury shares held by the Group in the years ended December 31, 2025, 2024 and 2023 are as follows: </span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:37.048%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.776%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TREASURY SHARE</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Min</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Max</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Closing</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Min</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Max</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Closing</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Min</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Max</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Closing</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">% treasury share</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.080 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.146 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.314 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.076 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.513 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.116 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.038 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.214 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.075 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The number of BBVA shares accepted by the Group in pledge of loans as of December 31, 2025, 2024 and 2023 is as follows:</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:63.135%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.823%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SHARES OF BBVA ACCEPTED IN PLEDGE</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Number of shares in pledge</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,476,895</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,308,677</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,492,194</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Nominal value (in Euros)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.49</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.49</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.49</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">% of share capital</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.10 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.23 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.29 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The number of BBVA shares owned by third parties but under management of a company within the Group as of December 31, 2025, 2024 and 2023 is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:63.135%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.823%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SHARES OF BBVA OWNED BY THIRD PARTIES BUT MANAGED BY THE GROUP</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Number of shares owned by third parties</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,752,103</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,834,596</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,258,994</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Nominal value (in Euros)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.49</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.49</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.49</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">% of share capital</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.21 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.21 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.23 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the years ended December 31, 2025, 2024 and 2023 the Group entities performed the following transactions with shares issued by the Bank:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:35.085%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.423%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TREASURY SHARES (MILLIONS OF EUROS)</span></div></td><td colspan="9" style="border-bottom:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Number of Shares</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Millions of Euros</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Number of Shares</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Millions of Euros</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Number of Shares</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Millions of Euros</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,666,856</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,386,625</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">34</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,485,414</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">29</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> + Purchases</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">126,490,393</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,994</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">154,564,499</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,528</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">301,882,728</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,166</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> - Sales and other changes</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(115,548,741)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,761)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(152,284,268)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,497)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(302,981,517)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,161)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">17,608,508</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">299</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,666,856</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,386,625</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">34</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Of which:</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Held by BBVA, S.A.</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7,496,937</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">152</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">410,370</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Held by Corporación General Financiera, S.A.</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">10,111,571</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">148</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">6,256,486</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">59</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4,354,004</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">31</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Held by other subsidiaries</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">32,621</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Average purchase price in Euros</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15.77</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.89</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.18</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Average selling price in Euros (including other changes)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15.20</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.89</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.14</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net gains or losses on transactions <br/>(Shareholders' funds-Reserves)</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="background-color:#e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td></tr></table></div>
6666856
66000000
4386625
34000000
5485414
29000000
126490393
1994000000
154564499
1528000000
301882728
2166000000
-115548741
-1761000000
-152284268
-1497000000
-302981517
-2161000000
17608508
299000000
6666856
66000000
4386625
34000000
7496937
152000000
410370
7000000
0
3000000
10111571
148000000
6256486
59000000
4354004
31000000
0
0
0
0
32621
0
15.77
0
9.89
0
7.18
0
15.20
0
9.89
0
7.14
0
26000000
10000000
1000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The percentages of treasury shares held by the Group in the years ended December 31, 2025, 2024 and 2023 are as follows: </span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:37.048%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.772%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.776%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TREASURY SHARE</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Min</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Max</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Closing</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Min</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Max</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Closing</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Min</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Max</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Closing</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">% treasury share</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.080 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.146 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.314 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.076 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.513 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.116 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.038 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.214 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.075 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div>
0.00080
0.01146
0.00314
0.00076
0.01513
0.00116
0.00038
0.02214
0.00075
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The number of BBVA shares accepted by the Group in pledge of loans as of December 31, 2025, 2024 and 2023 is as follows:</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:63.135%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.823%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SHARES OF BBVA ACCEPTED IN PLEDGE</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Number of shares in pledge</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,476,895</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,308,677</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17,492,194</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Nominal value (in Euros)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.49</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.49</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.49</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">% of share capital</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.10 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.23 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.29 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div>
5476895000000
13308677000000
17492194000000
490000
490000
490000
0.0010
0.0023
0.0029
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The number of BBVA shares owned by third parties but under management of a company within the Group as of December 31, 2025, 2024 and 2023 is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:63.135%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.823%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SHARES OF BBVA OWNED BY THIRD PARTIES BUT MANAGED BY THE GROUP</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Number of shares owned by third parties</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,752,103</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,834,596</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,258,994</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Nominal value (in Euros)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.49</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.49</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.49</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">% of share capital</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.21 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.21 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.23 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div>
11752103000000
11834596000000
13258994000000
490000
490000
490000
0.0021
0.0021
0.0023
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:10.99pt">Accumulated other comprehensive income (loss)</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated balance sheets is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:58.928%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.421%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS). BREAKDOWN BY CONCEPTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Items that will not be reclassified to profit or loss</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,505)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,988)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,105)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Actuarial gains (losses) on defined benefit pension plans</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,396)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,067)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,049)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of equity instruments measured at fair value through other comprehensive income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(983)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(905)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,112)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of financial liabilities at fair value through profit or loss attributable to changes in their credit risk </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(127)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Items that may be reclassified to profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(16,366)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(15,232)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(14,148)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hedge of net investments in foreign operations (effective portion)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,117)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,329)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,498)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Mexican peso</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,454)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,697)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,147)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Turkish lira</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">368</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">394</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">670</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other exchanges</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(31)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(25)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(21)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign currency translation </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13,340)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12,702)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,419)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Mexican peso</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,139)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,644)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(640)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Turkish lira</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(6,625)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(5,835)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(6,908)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Argentine peso</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(832)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(555)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,296)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Venezuelan bolivar</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,910)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,865)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,865)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other exchanges</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(834)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(803)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(711)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hedging derivatives. Cash flow hedges (effective portion)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">311</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">370</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">133</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of debt instruments measured at fair value through other comprehensive income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(209)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(576)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(357)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hedging instruments (non-designated items)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share of other recognized income and expense of investments in joint ventures and associates</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(18,871)</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(17,220)</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(16,254)</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances recognized under these headings are presented net of tax.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The main changes in 2025 are explained by the depreciation against the euro of some of the currencies of the main geographical areas where the Group operates against the euro, mainly the Turkish lira (27%) and the Argentine peso (37%), and the application of IAS 29 "Financial Reporting in Hyperinflationary Economies" in Turkey and Argentina (see Note 2.2.18).</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated balance sheets is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:58.928%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.315%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.421%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS). BREAKDOWN BY CONCEPTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Items that will not be reclassified to profit or loss</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,505)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,988)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(2,105)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Actuarial gains (losses) on defined benefit pension plans</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,396)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,067)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,049)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of equity instruments measured at fair value through other comprehensive income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(983)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(905)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,112)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of financial liabilities at fair value through profit or loss attributable to changes in their credit risk </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(127)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Items that may be reclassified to profit or loss</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(16,366)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(15,232)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(14,148)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hedge of net investments in foreign operations (effective portion)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,117)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,329)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,498)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Mexican peso</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,454)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(2,697)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,147)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Turkish lira</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">368</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">394</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">670</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other exchanges</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(31)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(25)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(21)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign currency translation </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(13,340)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12,702)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11,419)</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Mexican peso</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,139)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,644)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(640)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Turkish lira</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(6,625)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(5,835)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(6,908)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Argentine peso</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(832)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(555)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,296)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Venezuelan bolivar</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,910)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,865)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,865)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other exchanges</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(834)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(803)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(711)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hedging derivatives. Cash flow hedges (effective portion)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">311</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">370</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">133</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value changes of debt instruments measured at fair value through other comprehensive income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(209)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(576)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(357)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hedging instruments (non-designated items)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share of other recognized income and expense of investments in joint ventures and associates</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(8)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(18,871)</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(17,220)</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(16,254)</span></div></td></tr></table></div>
-2505000000
-1988000000
-2105000000
-1396000000
-1067000000
-1049000000
-983000000
-905000000
-1112000000
-127000000
-17000000
55000000
-16366000000
-15232000000
-14148000000
-3117000000
-2329000000
-2498000000
-3454000000
-2697000000
-3147000000
368000000
394000000
670000000
-31000000
-25000000
-21000000
-13340000000
-12702000000
-11419000000
-3139000000
-3644000000
-640000000
-6625000000
-5835000000
-6908000000
-832000000
-555000000
-1296000000
-1910000000
-1865000000
-1865000000
-834000000
-803000000
-711000000
311000000
370000000
133000000
-209000000
-576000000
-357000000
-4000000
0
0
-7000000
5000000
-8000000
-18871000000
-17220000000
-16254000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:130%;padding-left:14.7pt">Minority interests (non-controlling interests)</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by groups of consolidated entities of the balance under the heading “Minority interests (non-controlling interests)” of total equity in the consolidated balance sheets is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:66.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.701%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MINORITY INTERESTS (NON-CONTROLLING INTERESTS). BREAKDOWN BY SUBGROUPS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Garanti BBVA </span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,315</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,351</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,129</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Peru</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,004</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,779</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,586</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Argentina</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">729</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">843</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">544</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Colombia</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">53</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Venezuela</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">133</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">134</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">108</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other entities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">206</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">191</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">115</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,441</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,359</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,564</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These amounts are broken down by groups of consolidated entities under the heading “Attributable to minority interests (non-controlling interests)” in the consolidated income statements:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:66.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.701%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PROFIT ATTRIBUTABLE TO MINORITY INTERESTS (NON-CONTROLLING INTERESTS). BREAKDOWN BY SUBGROUPS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Garanti BBVA</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">154</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">116</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Peru</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">335</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">260</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Argentina</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Colombia</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Venezuela</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other entities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">615</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">521</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">397</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Dividends distributed to minority interests of the Group during the year 2025 related to: BBVA Peru Group €127 million, Garanti BBVA Group €88 million, BBVA Argentina Group €27 million and other Group entities €12 million.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown by groups of consolidated entities of the balance under the heading “Minority interests (non-controlling interests)” of total equity in the consolidated balance sheets is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:66.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.701%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">MINORITY INTERESTS (NON-CONTROLLING INTERESTS). BREAKDOWN BY SUBGROUPS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Garanti BBVA </span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,315</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,351</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,129</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Peru</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,004</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,779</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,586</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Argentina</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">729</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">843</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">544</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Colombia</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">53</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Venezuela</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">133</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">134</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">108</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other entities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">206</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">191</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">115</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,441</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,359</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,564</span></td></tr></table></div>
1315000000
1351000000
1129000000
2004000000
1779000000
1586000000
729000000
843000000
544000000
53000000
60000000
82000000
133000000
134000000
108000000
206000000
191000000
115000000
4441000000
4359000000
3564000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">These amounts are broken down by groups of consolidated entities under the heading “Attributable to minority interests (non-controlling interests)” in the consolidated income statements:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:66.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.701%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PROFIT ATTRIBUTABLE TO MINORITY INTERESTS (NON-CONTROLLING INTERESTS). BREAKDOWN BY SUBGROUPS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Garanti BBVA</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">154</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">116</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Peru</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">335</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">260</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Argentina</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">59</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Colombia</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BBVA Venezuela</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other entities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">615</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">521</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">397</span></td></tr></table></div>
154000000
116000000
95000000
335000000
260000000
236000000
70000000
105000000
59000000
3000000
-1000000
-16000000
44000000
32000000
24000000
9000000
9000000
-1000000
-615000000
-521000000
-397000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:15.17pt">Capital base and capital management </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.92pt">Capital base</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The entry into force of Regulation (EU) 2024/1623 (commonly referred to as ‘CRR3’) on January 1, 2025 brought about substantial changes in the calculation of minimum capital requirements. The impact of these changes on the Group's CET1 ratio was not significant at that date.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, own funds are calculated in accordance with the applicable regulation of each year on minimum capital requirements for Spanish credit institutions –both as individual entities and as consolidated group– that establish how to calculate them, as well as the various required internal capital adequacy assessment processes and the information required to be disclosed to the market.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The CET1 fully loaded ratio of the BBVA Group stood at 12.70% at the end of December 2025, which allowed it to maintain a management buffer over the Group's CET 1 requirement (9.29%</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:14.00pt;position:relative;top:-3.15pt;vertical-align:baseline">3</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">) and over the Group's target management range of between 11.5 - 12% of CET 1. With regard to the minimum total capital requirements applicable to the Group as of December 31, 2025, these amount to 13.44%</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:14.00pt;position:relative;top:-3.15pt;vertical-align:baseline">3</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Following the latest decision of the SREP (Supervisory Review and Evaluation Process), which came into force on January 1, 2026, the ECB has notified the Group that the Pillar 2 requirement is maintained at 1.62% (of which 0.96% at least should be covered by CET1). In addition, the Bank of Spain has reduced the D-SIB (Domestic Systemically Important Banks) buffer requirement to 0.75% which the Group must maintain since January 1, 2026, 0.25% less than that in force on December 31, 2025. Therefore, BBVA must maintain a CET1 capital ratio of 8.98%</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:14.00pt;position:relative;top:-3.15pt;vertical-align:baseline">3</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> and a total capital ratio of 13.13%</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:14.00pt;position:relative;top:-3.15pt;vertical-align:baseline">3</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> at a consolidated level.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A reconciliation of the main figures between the accounting and regulatory own funds as of December 31, 2025, 2024 and 2023 is shown below:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:56.543%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.540%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.422%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ELIGIBLE CAPITAL RESOURCES (MILLIONS OF EUROS)</span></div></td><td colspan="6" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025 </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Capital</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,797</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,824</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,861</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share premium</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,469</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,184</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,769</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retained earnings, revaluation reserves and other reserves</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,550</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,507</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,251</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other equity instruments, net</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Treasury shares</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(299)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(66)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(34)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Profit (loss) attributable to the parent company</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,511</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,054</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,019</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interim dividend</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,840)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,668)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(951)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total equity</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">76,228</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">72,875</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">67,955</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accumulated other comprehensive income (loss)</span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18,871)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17,220)</span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16,254)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Minority interests</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,441</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,359</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,564</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Shareholders' equity</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">61,798</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60,014</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">55,265</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Goodwill and other intangible assets</span></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,691)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,553)</span></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,421)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Equity not eligible at solvency level</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(231)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(185)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(137)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other adjustments and deductions ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(9,430)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,476)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,591)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Common Equity Tier 1 (CET 1)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50,446</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50,799</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">46,116</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Additional Tier 1</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,488</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,023</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,033</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tier 2</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,431</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,858</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,182</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total Capital (Total Capital = Tier 1 + Tier 2)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">68,365</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66,680</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60,332</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total Minimum equity required ⁽²⁾</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">53,403</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">52,427</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">47,455</span></td></tr></table></div><div style="text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Other adjustments and deductions include, among others, the adjustment for non-computable minority interests, the amount of dividends pending distribution and, in 2025, the amount corresponding to the maximum limit authorized by the ECB for the repurchase of BBVA's own shares (excluding the amount corresponding to the shares already acquired as of December 31, 2025).</span></div><div style="margin-bottom:3pt;padding-left:4.5pt;text-indent:-4.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Calculated based on total minimum capital requirements applicable in each period.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group’s eligible own funds and risk-weighted assets (RWAs) in accordance with the aforementioned applicable regulation as of December 31, 2025, 2024 and 2023 are shown below:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.389%"><tr><td style="width:1.0%"></td><td style="width:68.684%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.684%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.115%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.117%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">AMOUNT OF CAPITAL CC1 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025 </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Capital and share premium </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,266</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,008</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,629</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retained earnings and equity instruments ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,657</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39,652</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,889</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other accumulated income and other reserves</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17,459)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14,334)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12,872)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Minority interests</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,762</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,343</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,864</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net attributable profit ⁽²⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,244</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,013</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,759</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Common Equity Tier I (CET1) before other regulatory adjustments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">54,471</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">54,681</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">51,269</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Goodwill and intangible assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,691)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,553)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,421)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Direct, indirect and synthetic holdings in own Common Equity Tier I instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(390)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(243)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(331)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred tax assets </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(815)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(844)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(988)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other deductions and filters ⁽</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">3</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,129)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,242)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,412)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total common equity Tier 1 regulatory adjustments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(4,024)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(3,882)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(5,153)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Common equity TIER 1 (CET1)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50,446</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50,799</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">46,116</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Capital instruments and share premium accounts classified as liabilities and qualifying as Additional Tier I</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,303</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,638</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,715</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Qualifying Tier 1 capital included in consolidated AT1 capital issued by subsidiaries and held by third parties</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">185</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">386</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">319</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Additional Tier 1 (AT 1) before regulatory adjustments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,488</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,023</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,033</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transitional Tier 1 adjustments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total regulatory adjustments to additional Tier 1</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Additional Tier 1 (AT1) </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,488</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,023</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,033</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tier 1 (Common equity TIER 1 + additional TIER 1)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">55,934</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">56,822</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">52,150</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Capital instruments and share premium accounted as Tier 2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,239</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,629</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,214</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Qualifying Tier 2 capital included in consolidated T2 capital issued by subsidiaries and held by third parties</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,022</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,192</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,890</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit risk adjustments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">180</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tier 2 before regulatory adjustments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,441</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,868</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,192</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tier 2 regulatory adjustments </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(10)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(10)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(10)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tier 2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,431</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,858</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,182</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total capital (Total capital = Tier 1 + Tier 2)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">68,365</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66,680</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60,332</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total RWA</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">397,241</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">394,468</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">363,915</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">CET 1 ratio</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.70 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.88 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.67 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tier 1 ratio</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14.08 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14.40 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14.33 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total capital ratio</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17.21 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16.90 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16.58 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr></table></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) It includes the amount of the share buyback program not recognized for accounting purposes. </span></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) As of December 31, 2025, the expected total shareholder remuneration corresponding to the year 2025, subject to approval by the General Shareholders' Meeting, is deducted. As of December 31, 2024, the total shareholder remuneration corresponding to the year 2024, approved by the General Shareholders' Meeting, is deducted. As of December 31, 2023, the cash amount is deducted from the total shareholder remuneration corresponding to 2023, approved by the General Shareholders' Meeting. </span></div><div style="margin-bottom:18pt;padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3) As of December 31, 2023, the amount of the share buyback program for the year 2023, considered as a dividend approved by the General Shareholders' Meetings, was deducted.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA Group's earnings has contributed to achieving a consolidated CET1 ratio of 12.70% as of December 31, 2025, which allows it to maintain a management buffer over the Group's CET1 requirement as of that date (9.29%</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:14.00pt;position:relative;top:-3.15pt;vertical-align:baseline">4</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">), which is also above the Group's target management range of 11.5 - 12.0% CET1. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:174%">The CET1 ratio decreased by 18 basis points, mainly due to: (i) the impact of -105 basis points from the share buyback program (SBB) announced in December 2025; (ii) the growth in risk-weighted assets (RWA) derived from the organic growth of the business in constant terms (which drained the ratio by 152 basis points) mainly as a result of the increase in the loan portfolio, partially offset by the significant risk transfer (SRT) transactions, including securitizations and sales of loan portfolios, and, to a lesser extent, debt securities and; (iii) the depreciation of the Turkish lira and, to a lesser extent, the Mexican peso against the euro affected the year-on-year decrease of the CET1 ratio. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The decrease was partially offset by (i) the generation of earnings in the year (265 basis points) which, net of shareholder remuneration and payment of convertible contingent instrument coupons (CoCos), generated a positive contribution of 122 basis points; (ii) other elements (61 basis points), which include the attributable prudential minority interests and the positive impact in Other Comprehensive Income (OCI) equivalent to the net monetary position loss resulting from hyperinflationary economies recorded in financial assets at fair value through other comprehensive income (corresponding to assets classified as Held to Collect and Sell (HTC&S)); (iii) the depreciation of the U.S. dollar against the euro; and (iv) the regulatory impacts which generated a positive contribution of 56 basis points, mainly due to the change in the calculation model for certain portfolios in Mexico and Spain to the standardized approach. Such change in the calculation model which led to the development by the Group of a holistic model strategy aimed at assessing the adequacy, scope, and sustainability of internal credit risk models, resulted in a partial reversion from the Advanced IRB approach to the Foundation IRB approach or to the standardized approach (subject to prior approval by the ECB).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:174%">Consolidated Additional Tier 1 (AT1) capital fully loaded stood at 1.38% as of December 31, 2025, 15 basis points lower compared to 2024. In January 2025, BBVA, S.A. issued contingent convertible instruments (CoCos) for USD 1.0 billion, and it made a further issuance in November 2025 for €1.0 billion. On the other hand, in March 2025, BBVA redeemed an issuance of contingent convertible instruments of USD 1.0 billion. Additionally, in December 2025, the redemption of another issuance of contingent convertible instruments of €1.0 billion was announced, which took place in January 2026.</span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:174%">The Tier 2 fully stood at 3.13% as of December 31, 2025, which represents an increase of 63 basis points compared to 2024, mainly due to the issuance of a subordinated bond in Spain (€1.0 billion) in February 2025, the issuance in Mexico of subordinated debt for an amount of USD 1.0 billion in February 2025, and the issuances in July and October 2025 of USD 500 million and USD 700 million, respectively, of subordinated debt in Turkey.</span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:174%">As a result of the above, the total capital ratio stood at 17.21% as of December 31, 2025.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:174%">With regard to MREL (Minimum Requirement for own funds and Eligible Liabilities) BBVA, as an MPE</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:174%;position:relative;top:-3.15pt;vertical-align:baseline">5</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:174%">, has sub-consolidated requirements, based on its resolution group</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:174%;position:relative;top:-3.15pt;vertical-align:baseline">6</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:174%">.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:174%">On June 12, 2025 the Group made public that it had received a communication from the Bank of Spain regarding its MREL requirement, established by the Single Resolution Board (“SRB”). According to this communication, BBVA must maintain, as from June 12, 2025, an MREL in RWA of 23.13%</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:174%;position:relative;top:-3.15pt;vertical-align:baseline">7</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:174%">, not taking into account the current</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:174%;position:relative;top:-3.15pt;vertical-align:baseline">8</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:174%"> combined buffer requirement (CBR) of 3.97%. In addition, BBVA must keep, also as from June 12, 2025, a volume of own funds and eligible liabilities in terms of total exposure considered for purposes of calculating the leverage ratio of 8.59% (the “MREL in LR”)</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.85pt;font-weight:400;line-height:174%;position:relative;top:-3.15pt;vertical-align:baseline">9</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:174%">.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:174%">With respect to the MREL ratios achieved as of December 31, 2025, these were 28.89% and 10.21%, respectively for MREL in RWA and MREL in LR, reaching the subordinated ratios of both 24.67% and 8.72%, respectively.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Given the structure of the resolution group's own funds and eligible liabilities, as of December 31, 2025, the Group meets the aforementioned requirements.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:6.73pt">Leverage ratio </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:174%">The leverage ratio (LR) is a regulatory measure complementing capital designed to promote the financial strength of institutions in terms of indebtedness. This measurement can be used to estimate the percentage of the assets and off-balance sheet arrangements financed with Tier 1 capital, being the carrying amount of the assets used in this ratio adjusted to reflect the Group’s current or potential leverage of a given balance-sheet position (Leverage ratio exposure). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Breakdown of leverage ratio as of December 31, 2025, 2024 and 2023, calculated according to CCR, is as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:62.294%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.104%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LEVERAGE RATIO</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025 </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tier 1 (millions of Euros) (a)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,934</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,822</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52,150</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exposure to leverage ratio (millions of Euros) (b)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">908,869</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">834,488</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">797,888</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Leverage ratio (a)/(b) (percentage)</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.15 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.81 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.54 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:6.64pt">Capital management</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The aim of capital management within BBVA and the Group is to ensure that both BBVA and the Group have the necessary capital at any given time to develop the corporate strategy reflected in the Strategic Plan, in line with the risk profile set out in the Group Risk Appetite Framework (RAF).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In this regard, BBVA's capital management is also part of the most relevant forward-looking strategic decisions in the Group's management and monitoring, which include the Budget and the Liquidity and Funding Plan, with which it is coordinated — all with the aim of achieving the Group's overall strategy.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Capital must be allocated optimally in order to meet the need to preserve the solvency of BBVA and the Group at all times. Together with the Group's solvency risk profile included in the RAF, this optimal allocation serves as a guide for the Group's capital management and seeks a solid capital position that makes it possible to:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">anticipate ordinary and extraordinary consumption that may occur, even under stress;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">promote the development of the Group's business and align it with capital and profitability objectives by allocating resources appropriately and efficiently;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">cover all risks —including potential risks— to which it is exposed;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">comply with regulatory and internal management requirements at all times; and</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">remunerate BBVA shareholders in accordance with the Shareholder Remuneration Policy in force at any given time.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The areas involved in capital management in the Group shall follow and respect the following principles in their respective areas of responsibility:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">ensuring that capital management is integrated and consistent with the Group's Strategic Plan, RAF, Budget and other strategic-prospective processes, to help achieve the Group's long-term sustainability;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">taking into account both the applicable regulatory and supervisory requirements and the risks to which the Group is —or may be— exposed when conducting its business (economic view), when establishing a target capital level, all while adopting a forward-looking vision that takes adverse scenarios into consideration;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">carrying out efficient capital allocation that promotes good business development, ensuring that expectations for the evolution of activity meet the strategic objectives of the Group and anticipating the ordinary and extraordinary consumption that may occur;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">ensuring compliance with the solvency levels, including the MREL, required at any given time;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">compensating BBVA shareholders in an adequate and sustainable manner; and</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">optimizing the cost of all instruments used for the purpose of meeting the target capital level at any given time.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">To achieve the aforementioned principles, capital management will be based on the following essential elements:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">an adequate governance and management scheme, both at the corporate body level and at the executive level;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">planning, managing and monitoring capital properly, using the measurement systems, tools, structures, resources and quality data necessary to do so;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">a set of metrics, which is duly updated, to facilitate the tracking of the capital situation and to identify any relevant deviations from the target capital level;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">a transparent, correct, consistent and timely communication and dissemination of capital information outside the Group;</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">an internal regulatory body, which is duly updated, including with respect to the regulations and procedures that ensure adequate capital management.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A reconciliation of the main figures between the accounting and regulatory own funds as of December 31, 2025, 2024 and 2023 is shown below:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:56.543%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.540%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:9.138%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.422%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ELIGIBLE CAPITAL RESOURCES (MILLIONS OF EUROS)</span></div></td><td colspan="6" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025 </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Capital</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,797</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,824</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,861</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share premium</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,469</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,184</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,769</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retained earnings, revaluation reserves and other reserves</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46,550</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,507</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,251</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other equity instruments, net</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Treasury shares</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(299)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(66)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(34)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Profit (loss) attributable to the parent company</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,511</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,054</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,019</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interim dividend</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,840)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,668)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(951)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total equity</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">76,228</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">72,875</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">67,955</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accumulated other comprehensive income (loss)</span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30</span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18,871)</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17,220)</span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16,254)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Minority interests</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,441</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,359</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,564</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Shareholders' equity</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">61,798</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60,014</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">55,265</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Goodwill and other intangible assets</span></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,691)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,553)</span></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1,421)</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Equity not eligible at solvency level</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(231)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(185)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(137)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other adjustments and deductions ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(9,430)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,476)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(7,591)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Common Equity Tier 1 (CET 1)</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50,446</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50,799</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">46,116</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Additional Tier 1</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,488</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,023</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,033</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tier 2</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,431</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,858</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,182</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total Capital (Total Capital = Tier 1 + Tier 2)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">68,365</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66,680</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60,332</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total Minimum equity required ⁽²⁾</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">53,403</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">52,427</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">47,455</span></td></tr></table></div><div style="text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Other adjustments and deductions include, among others, the adjustment for non-computable minority interests, the amount of dividends pending distribution and, in 2025, the amount corresponding to the maximum limit authorized by the ECB for the repurchase of BBVA's own shares (excluding the amount corresponding to the shares already acquired as of December 31, 2025).</span></div><div style="margin-bottom:3pt;padding-left:4.5pt;text-indent:-4.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Calculated based on total minimum capital requirements applicable in each period.</span></div>
2797000000
2824000000
2861000000
18469000000
19184000000
19769000000
46550000000
42507000000
38251000000
40000000
40000000
40000000
299000000
66000000
34000000
10511000000
10054000000
8019000000
-1840000000
-1668000000
-951000000
76228000000
72875000000
67955000000
-18871000000
-17220000000
-16254000000
4441000000
4359000000
3564000000
61798000000
60014000000
55265000000
-1691000000
-1553000000
-1421000000
-231000000
-185000000
-137000000
-9430000000
-7476000000
-7591000000
50446000000
50799000000
46116000000
5488000000
6023000000
6033000000
12431000000
9858000000
8182000000
68365000000
66680000000
60332000000
53403000000
52427000000
47455000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group’s eligible own funds and risk-weighted assets (RWAs) in accordance with the aforementioned applicable regulation as of December 31, 2025, 2024 and 2023 are shown below:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.389%"><tr><td style="width:1.0%"></td><td style="width:68.684%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.684%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.115%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.117%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">AMOUNT OF CAPITAL CC1 (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025 </span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Capital and share premium </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,266</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,008</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">22,629</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retained earnings and equity instruments ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42,657</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">39,652</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">34,889</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other accumulated income and other reserves</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17,459)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(14,334)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(12,872)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Minority interests</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,762</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,343</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,864</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net attributable profit ⁽²⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,244</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,013</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,759</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Common Equity Tier I (CET1) before other regulatory adjustments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">54,471</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">54,681</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">51,269</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Goodwill and intangible assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,691)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,553)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,421)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Direct, indirect and synthetic holdings in own Common Equity Tier I instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(390)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(243)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(331)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred tax assets </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(815)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(844)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(988)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other deductions and filters ⁽</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">3</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,129)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,242)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,412)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total common equity Tier 1 regulatory adjustments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(4,024)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(3,882)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(5,153)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Common equity TIER 1 (CET1)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50,446</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">50,799</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">46,116</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Capital instruments and share premium accounts classified as liabilities and qualifying as Additional Tier I</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,303</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,638</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,715</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Qualifying Tier 1 capital included in consolidated AT1 capital issued by subsidiaries and held by third parties</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">185</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">386</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">319</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Additional Tier 1 (AT 1) before regulatory adjustments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,488</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,023</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,033</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transitional Tier 1 adjustments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total regulatory adjustments to additional Tier 1</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Additional Tier 1 (AT1) </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,488</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,023</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,033</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tier 1 (Common equity TIER 1 + additional TIER 1)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">55,934</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">56,822</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">52,150</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Capital instruments and share premium accounted as Tier 2</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,239</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,629</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,214</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Qualifying Tier 2 capital included in consolidated T2 capital issued by subsidiaries and held by third parties</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,022</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,192</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,890</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit risk adjustments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">180</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tier 2 before regulatory adjustments</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,441</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,868</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,192</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tier 2 regulatory adjustments </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(10)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(10)</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(10)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Tier 2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,431</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,858</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">8,182</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total capital (Total capital = Tier 1 + Tier 2)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">68,365</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">66,680</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60,332</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total RWA</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">397,241</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">394,468</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">363,915</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">CET 1 ratio</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.70 </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.88 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.67 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tier 1 ratio</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14.08 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14.40 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14.33 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total capital ratio</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17.21 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16.90 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16.58 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></div></td></tr></table></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) It includes the amount of the share buyback program not recognized for accounting purposes. </span></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) As of December 31, 2025, the expected total shareholder remuneration corresponding to the year 2025, subject to approval by the General Shareholders' Meeting, is deducted. As of December 31, 2024, the total shareholder remuneration corresponding to the year 2024, approved by the General Shareholders' Meeting, is deducted. As of December 31, 2023, the cash amount is deducted from the total shareholder remuneration corresponding to 2023, approved by the General Shareholders' Meeting. </span></div><div style="margin-bottom:18pt;padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3) As of December 31, 2023, the amount of the share buyback program for the year 2023, considered as a dividend approved by the General Shareholders' Meetings, was deducted.</span></div>
21266000000000
22008000000
22629000000
42657000000000
39652000000
34889000000
-17459000000000
-14334000000
-12872000000
2762000000000
2343000000
1864000000
5244000000000
5013000000
4759000000
54471000000000
54681000000
51269000000
-1691000000000
-1553000000
-1421000000
-390000000000
-243000000
-331000000
-815000000000
-844000000
-988000000
-1129000000000
-1242000000
-2412000000
-4024000000000
-3882000000
-5153000000
50446000000000
50799000000
46116000000
5303000000000
5638000000
5715000000
185000000000
386000000
319000000
5488000000000
6023000000
6033000000
0
0
0
0
0
0
5488000000000
6023000000
6033000000
55934000000000
56822000000
52150000000
6239000000000
5629000000
5214000000
6022000000000
4192000000
2890000000
180000000000
47000000
88000000
12441000000000
9868000000
8192000000
-10000000000
-10000000
-10000000
12431000000000
9858000000
8182000000
68365000000000
66680000000
60332000000
397241000000000
394468000000
363915000000
0.1270
0.1288
0.1267
0.1408
0.1440
0.1433
0.1721
0.1690
0.1658
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Breakdown of leverage ratio as of December 31, 2025, 2024 and 2023, calculated according to CCR, is as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:62.294%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.104%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LEVERAGE RATIO</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025 </span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tier 1 (millions of Euros) (a)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,934</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,822</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52,150</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exposure to leverage ratio (millions of Euros) (b)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">908,869</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">834,488</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">797,888</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Leverage ratio (a)/(b) (percentage)</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.15 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.81 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td><td colspan="2" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.54 </span></div></td><td style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> %</span></div></td></tr></table></div>
55934000000
56822000000
52150000000
908869000000
834488000000
797888000000
0.0615
0.0681
0.0654
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:12.09pt">Commitments and guarantees given</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the off-balance sheet exposures is as follows:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:66.221%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.457%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">COMMITMENTS AND GUARANTEES GIVEN (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loan commitments given</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#004481;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.2.2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">227,554</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">188,515</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">152,868</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#787878;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: impaired</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">179</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">160</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">165</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">254</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,886</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,247</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,115</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,223</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,441</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,595</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,295</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,656</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,063</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92,124</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,891</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71,303</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99,026</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80,026</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,791</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial guarantees given</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.2.2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,865</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,503</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18,839</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#787878;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: impaired </span><span style="color:#787878;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">138</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">192</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">229</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">147</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">183</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">774</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">636</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">978</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,204</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,843</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,177</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,512</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,724</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,460</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">116</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">150</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other commitments given </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#004481;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.2.2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60,159</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">51,215</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">42,577</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#787878;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: impaired </span><span style="color:#787878;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">359</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">439</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">636</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">368</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">354</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">327</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,265</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,447</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,607</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,043</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,256</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,837</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,291</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,005</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,681</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">153</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.2.2</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">312,578</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">262,233</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">214,283</span></td></tr></table></div><div style="padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Non-performing financial guarantees given amounted to €497 million, €631 million and €865 million, respectively, as of December 31, 2025, 2024 and 2023. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025 and 2024, the provisions for loan commitments, financial guarantees and other commitments given, recorded in the consolidated balance sheet amounted to €482 million, €110 million and €133 million, and €372 million, €140 million and €155 million, respectively (see Note 24).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Since a significant portion of the amounts above will expire without any payment being made by the consolidated entities, the aggregate balance of these commitments cannot be considered to be the actual future requirement for financing or liquidity to be provided by the BBVA Group to third parties.</span></div>In the years 2025, 2024 and 2023, no issuance of debt securities carried out by associates of the BBVA Group, joint venture entities or non-Group entities have been guaranteed.
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the off-balance sheet exposures is as follows:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:66.221%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.912%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.457%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">COMMITMENTS AND GUARANTEES GIVEN (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Loan commitments given</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#004481;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.2.2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">227,554</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">188,515</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">152,868</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#787878;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: impaired</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">179</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">160</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">165</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">254</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,886</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,247</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,115</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,223</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,441</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,595</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,295</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,656</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,063</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92,124</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82,891</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71,303</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99,026</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80,026</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55,791</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Financial guarantees given</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.2.2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,865</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22,503</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18,839</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#787878;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: impaired </span><span style="color:#787878;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">138</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">192</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">229</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">147</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">183</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">774</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">636</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">978</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,204</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,843</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,177</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,512</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18,724</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,460</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">116</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">150</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other commitments given </span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#004481;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.2.2</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">60,159</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">51,215</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">42,577</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;padding-left:6pt"><span style="color:#787878;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: impaired </span><span style="color:#787878;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-style:italic;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">359</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">439</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">636</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Central banks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General governments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">368</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">354</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">327</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,265</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,447</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,607</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,043</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,256</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,837</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-financial corporations</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,291</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41,005</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36,681</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Households </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">153</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">7.2.2</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">312,578</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">262,233</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">214,283</span></td></tr></table></div>(1) Non-performing financial guarantees given amounted to €497 million, €631 million and €865 million, respectively, as of December 31, 2025, 2024 and 2023.
227554000000
188515000000
152868000000
179000000
160000000
165000000
0
254000000
0
3886000000
3247000000
3115000000
18223000000
13441000000
15595000000
14295000000
8656000000
7063000000
92124000000
82891000000
71303000000
99026000000
80026000000
55791000000
24865000000
22503000000
18839000000
138000000
192000000
229000000
0
0
0
147000000
183000000
74000000
774000000
636000000
978000000
3204000000
2843000000
2177000000
20512000000
18724000000
15460000000
228000000
116000000
150000000
60159000000
51215000000
42577000000
359000000
439000000
636000000
0
0
0
368000000
354000000
327000000
7265000000
6447000000
3607000000
4043000000
3256000000
1837000000
48291000000
41005000000
36681000000
192000000
153000000
125000000
312578000000
262233000000
214283000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:11.49pt">Other contingent assets and liabilities</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023 there were no other material contingent assets or liabilities other than those disclosed in the Consolidated Financial Statements or those referred to in these Notes.</span></div>
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:12.27pt">Purchase and sale commitments and future payment obligations</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The purchase and sale commitments of the BBVA Group are disclosed in Notes 10, 14 and 22.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Future payment obligations mainly correspond to leases payable derived from operating lease contracts, as detailed in Note 22.5, and estimated employee benefit payments, as detailed in Note 25.1.3.</span></div>
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:11.67pt">Transactions on behalf of third parties</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The details of the relevant transactions on behalf of third parties are as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:63.556%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.682%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TRANSACTIONS ON BEHALF OF THIRD PARTIES. BREAKDOWN BY CONCEPTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial instruments entrusted to BBVA by third parties</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">572,336</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">496,082</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">430,377</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Conditional bills and other securities received for collection</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,536</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,460</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,125</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securities lending</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,065</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,700</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,397</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">592,938</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">515,241</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">448,899</span></td></tr></table></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The details of the relevant transactions on behalf of third parties are as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:63.556%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.682%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">TRANSACTIONS ON BEHALF OF THIRD PARTIES. BREAKDOWN BY CONCEPTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial instruments entrusted to BBVA by third parties</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">572,336</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">496,082</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">430,377</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Conditional bills and other securities received for collection</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,536</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,460</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12,125</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securities lending</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,065</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,700</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,397</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">592,938</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">515,241</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">448,899</span></td></tr></table></div>
572336000000
496082000000
430377000000
14536000000
13460000000
12125000000
6065000000
5700000000
6397000000
592938000000
515241000000
448899000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:13.16pt">Net interest income</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:9.76pt">Interest and other income</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the interest and other income recognized in the consolidated income statement is as follows:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:63.556%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.682%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">INTEREST AND OTHER INCOME. BREAKDOWN BY ORIGIN (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through profit or loss</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,299</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,243</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,497</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,342</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,108</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,505</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at amortized cost ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,695</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,393</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,545</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjustments of income as a result of hedging transactions </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">777</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">701</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other income </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">233</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">214</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">231</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,345</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">61,659</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">47,850</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Insurance activity</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,432</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,448</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,052</span></div></td></tr></table></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Includes interest on demand deposits at central banks and credit institutions.</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:130%">The amounts recognized in consolidated equity in connection with hedging derivatives for the years ended December 31, 2025, 2024 and 2023 and the amounts derecognized from the consolidated equity and taken to the consolidated income statements during those years are included in the “Consolidated statements of recognized income and expense”.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:7.57pt">Interest expense</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated income statements is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:63.556%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.682%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">INTEREST EXPENSE. BREAKDOWN BY ORIGIN (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities at fair value through profit or loss</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,392</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,633</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,979</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities at amortized cost</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,182</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,506</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,276</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjustments of expense as a result of hedging transactions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">388</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,097</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">809</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cost attributable to pension funds</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">234</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">174</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">869</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">929</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">523</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,065</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">36,392</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,761</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Insurance activity</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">979</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,016</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">633</span></div></td></tr></table></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the interest and other income recognized in the consolidated income statement is as follows:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:63.556%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.682%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">INTEREST AND OTHER INCOME. BREAKDOWN BY ORIGIN (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through profit or loss</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,299</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,243</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,497</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,342</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,108</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,505</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at amortized cost ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">48,695</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">50,393</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,545</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjustments of income as a result of hedging transactions </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">777</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">701</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other income </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">233</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">214</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">231</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">58,345</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">61,659</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">47,850</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-indent:13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Insurance activity</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,432</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,448</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,052</span></div></td></tr></table></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Includes interest on demand deposits at central banks and credit institutions.</span></div>
5299000000
6243000000
5497000000
3342000000
4108000000
3505000000
48695000000
50393000000
38545000000
777000000
701000000
72000000
233000000
214000000
231000000
58345000000
61659000000
47850000000
1432000000
1448000000
1052000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated income statements is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:63.556%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.682%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">INTEREST EXPENSE. BREAKDOWN BY ORIGIN (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities at fair value through profit or loss</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,392</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,633</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,979</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial liabilities at amortized cost</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,182</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28,506</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,276</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjustments of expense as a result of hedging transactions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">388</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,097</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">809</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cost attributable to pension funds</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">234</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">174</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">869</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">929</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">523</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">32,065</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">36,392</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">24,761</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: Insurance activity</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">979</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,016</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">633</span></div></td></tr></table></div>
4392000000
5633000000
3979000000
26182000000
28506000000
19276000000
388000000
1097000000
809000000
234000000
228000000
174000000
869000000
929000000
523000000
32065000000
36392000000
24761000000
979000000
1016000000
633000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:11.84pt">Dividend income</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances for this heading in the consolidated income statements correspond to dividends on shares and equity instruments other than those from shares in entities accounted for using the equity method (see Note 39), as shown in the breakdown below:</span></div><div style="padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.950%"><tr><td style="width:1.0%"></td><td style="width:62.848%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.917%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.917%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.918%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DIVIDEND INCOME (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">113</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">109</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">123</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">120</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">118</span></td></tr></table></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances for this heading in the consolidated income statements correspond to dividends on shares and equity instruments other than those from shares in entities accounted for using the equity method (see Note 39), as shown in the breakdown below:</span></div><div style="padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.950%"><tr><td style="width:1.0%"></td><td style="width:62.848%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.917%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.917%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.918%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DIVIDEND INCOME (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-trading financial assets mandatorily at fair value through profit or loss</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income ⁽¹⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">113</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">109</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">123</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">120</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">118</span></td></tr></table></div><div style="padding-left:8.5pt;text-indent:-4.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Dividend income corresponds mainly to investments held at the end of the year.</span></div>
10000000
10000000
11000000
113000000
109000000
107000000
123000000
120000000
118000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:130%;padding-left:11.67pt">Share of profit or loss of entities accounted for using the equity method</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Results from “Share of profit or loss of entities accounted for using the equity method” resulted in a positive impact of €62 million for the year ended December 31, 2025, compared with the positive impact of €40 million and the positive impact of €26 million recorded for the years ended December 31, 2024 and 2023, respectively (see Note 16.1).</span></div>
62000000
40000000
26000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:130%;padding-left:10.39pt">Fee and commission income and expense</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the consolidated income statements is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.389%"><tr><td style="width:1.0%"></td><td style="width:69.547%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.684%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.684%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.685%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FEE AND COMMISSION INCOME. BREAKDOWN BY ORIGIN (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Bills receivables</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Demand accounts</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">298</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">300</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">300</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit and debit cards and POS ⁽</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,308</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,106</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,665</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Checks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">134</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">166</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">175</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers and other payment orders</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">970</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">961</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">862</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Insurance product commissions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">524</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">461</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">384</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">371</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">322</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">307</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments and financial guarantees given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">548</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">530</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">471</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asset management</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,845</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,685</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,407</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securities fees</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">401</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">360</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">345</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Custody securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">219</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">221</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">207</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other fees and commissions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,105</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">902</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">751</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,743</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,036</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,899</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Points of Sale.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of fee and commission expense under this heading in the consolidated income statements is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.389%"><tr><td style="width:1.0%"></td><td style="width:70.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.396%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.396%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.398%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FEE AND COMMISSION EXPENSE. BREAKDOWN BY ORIGIN (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Demand accounts</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit and debit cards and POS ⁽</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,654</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,534</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,337</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers and other payment orders</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">153</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">156</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commissions for selling insurance</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Custody securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">96</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">101</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">111</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other fees and commissions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,533</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,206</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">961</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,528</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,048</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,611</span></td></tr></table></div>(1) Points of Sale
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under these headings in the consolidated income statements is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.389%"><tr><td style="width:1.0%"></td><td style="width:69.547%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.684%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.684%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.685%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FEE AND COMMISSION INCOME. BREAKDOWN BY ORIGIN (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Bills receivables</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Demand accounts</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">298</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">300</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">300</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit and debit cards and POS ⁽</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,308</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,106</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,665</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Checks</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">134</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">166</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">175</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers and other payment orders</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">970</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">961</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">862</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Insurance product commissions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">524</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">461</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">384</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">371</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">322</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">307</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments and financial guarantees given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">548</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">530</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">471</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asset management</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,845</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,685</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,407</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securities fees</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">401</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">360</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">345</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Custody securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">219</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">221</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">207</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other fees and commissions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,105</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">902</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">751</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,743</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13,036</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">9,899</span></td></tr></table></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Points of Sale.</span></div>
19000000
21000000
24000000
298000000
300000000
300000000
7308000000
7106000000
4665000000
134000000
166000000
175000000
970000000
961000000
862000000
524000000
461000000
384000000
371000000
322000000
307000000
548000000
530000000
471000000
1845000000
1685000000
1407000000
401000000
360000000
345000000
219000000
221000000
207000000
1105000000
902000000
751000000
13743000000
13036000000
9899000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of fee and commission expense under this heading in the consolidated income statements is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.389%"><tr><td style="width:1.0%"></td><td style="width:70.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.396%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.396%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.398%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FEE AND COMMISSION EXPENSE. BREAKDOWN BY ORIGIN (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Demand accounts</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit and debit cards and POS ⁽</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">⁾</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,654</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,534</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,337</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transfers and other payment orders</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">153</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">156</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commissions for selling insurance</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Custody securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">96</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">101</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">111</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other fees and commissions</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,533</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,206</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">961</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,528</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,048</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,611</span></td></tr></table></div>(1) Points of Sale
9000000
7000000
6000000
3654000000
3534000000
2337000000
192000000
153000000
156000000
44000000
47000000
40000000
96000000
101000000
111000000
1533000000
1206000000
961000000
5528000000
5048000000
3611000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:130%;padding-left:14.1pt">Gains (losses) on financial assets and liabilities, hedge accounting and exchange differences, net</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading, by source of the related items, in the consolidated income statements is as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:70.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.299%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GAINS (LOSSES) ON FINANCIAL ASSETS AND LIABILITIES, HEDGE ACCOUNTING AND EXCHANGE DIFFERENCES, NET (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">423</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">327</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Financial assets at amortized cost</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">41</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other financial assets and liabilities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">398</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">307</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">35</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on financial assets and liabilities held for trading, net</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,255</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,458</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,352</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reclassification of financial assets from fair value through other comprehensive income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reclassification of financial assets from amortized cost</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other gains (losses)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,255</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,458</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,352</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on non-trading financial assets mandatorily at fair value through profit or loss, net</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">337</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reclassification of financial assets from fair value through other comprehensive income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reclassification of financial assets from amortized cost</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other gains (losses)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">236</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">179</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">337</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on financial assets and liabilities designated at fair value through profit or loss, net</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">249</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">96</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) from hedge accounting, net </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal gains (losses) on financial assets and liabilities and hedge accounting</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,941</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,218</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,844</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences, net</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(285)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">695</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">339</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,656</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,913</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,183</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance (excluding exchange rate differences) under this heading in the consolidated income statements by the nature of the financial instrument is as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:71.130%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.156%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.156%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.158%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GAINS (LOSSES) ON FINANCIAL ASSETS AND LIABILITIES AND HEDGE ACCOUNTING. BREAKDOWN BY NATURE OF THE FINANCIAL INSTRUMENT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt instruments</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">430</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">841</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">799</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,817</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">553</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">669</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading derivatives and hedge accounting</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(695)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">181</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(812)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(30)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">165</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(21)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(81)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(95)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,439</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,488</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,118</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,941</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,218</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,844</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance of the impact of the derivatives (trading and hedging) under this heading in the consolidated income statements is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:65.099%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.510%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.299%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DERIVATIVES - HEDGE ACCOUNTING (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest rate agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(505)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(21)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">427</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securities agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,001)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(402)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit derivative agreements</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(44)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(123)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(56)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign-exchange agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">775</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(431)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commodity and other agreements </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(332)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(694)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">176</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(795)</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Hedging derivatives ineffectiveness</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.25pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value hedges</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Hedging derivative</span></div></td><td colspan="3" style="padding:0 1pt 0 13pt"><div style="margin-bottom:0.1pt;padding-left:12pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">329</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(512)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(114)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Hedged item</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt 0 13pt"><div style="margin-bottom:0.1pt;padding-left:12pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(328)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">520</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">103</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flow hedges</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(17)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(695)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">181</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(812)</span></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"></td></tr></table></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading, by source of the related items, in the consolidated income statements is as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:70.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.299%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GAINS (LOSSES) ON FINANCIAL ASSETS AND LIABILITIES, HEDGE ACCOUNTING AND EXCHANGE DIFFERENCES, NET (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">423</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">327</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Financial assets at amortized cost</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">24</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">20</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">41</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other financial assets and liabilities </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">398</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">307</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">35</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on financial assets and liabilities held for trading, net</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,255</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,458</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,352</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reclassification of financial assets from fair value through other comprehensive income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reclassification of financial assets from amortized cost</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other gains (losses)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,255</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">2,458</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">1,352</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on non-trading financial assets mandatorily at fair value through profit or loss, net</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">337</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reclassification of financial assets from fair value through other comprehensive income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Reclassification of financial assets from amortized cost</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;text-indent:9pt;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-indent:9pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other gains (losses)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">236</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">179</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">337</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on financial assets and liabilities designated at fair value through profit or loss, net</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">249</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">96</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) from hedge accounting, net </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal gains (losses) on financial assets and liabilities and hedge accounting</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,941</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,218</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,844</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences, net</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(285)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">695</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">339</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,656</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,913</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,183</span></td></tr></table></div>
423000000
327000000
76000000
24000000
20000000
41000000
398000000
307000000
35000000
2255000000
2458000000
1352000000
0
0
0
0
0
0
2255000000
2458000000
1352000000
236000000
179000000
337000000
0
0
0
0
0
0
236000000
179000000
337000000
28000000
249000000
96000000
-1000000
5000000
-17000000
2941000000
3218000000
1844000000
-285000000
695000000
339000000
2656000000
3913000000
2183000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance (excluding exchange rate differences) under this heading in the consolidated income statements by the nature of the financial instrument is as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:71.130%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.156%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.156%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.158%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GAINS (LOSSES) ON FINANCIAL ASSETS AND LIABILITIES AND HEDGE ACCOUNTING. BREAKDOWN BY NATURE OF THE FINANCIAL INSTRUMENT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt instruments</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">430</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">841</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">799</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Equity instruments</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,817</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">553</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">669</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Trading derivatives and hedge accounting</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(695)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">181</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(812)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(30)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">165</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(21)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(81)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(95)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,439</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,488</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,118</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,941</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,218</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,844</span></td></tr></table></div>
430000000
841000000
799000000
1817000000
553000000
669000000
-695000000
181000000
-812000000
-30000000
236000000
165000000
-21000000
-81000000
-95000000
1439000000
1488000000
1118000000
2941000000
3218000000
1844000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance of the impact of the derivatives (trading and hedging) under this heading in the consolidated income statements is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:65.099%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.510%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.299%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DERIVATIVES - HEDGE ACCOUNTING (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Derivatives</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest rate agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(505)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(21)</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">427</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Securities agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,001)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(402)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit derivative agreements</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(44)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(123)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(56)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Foreign-exchange agreements</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">775</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(431)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commodity and other agreements </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">99</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(332)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(694)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">176</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(795)</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Hedging derivatives ineffectiveness</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.25pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fair value hedges</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(10)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Hedging derivative</span></div></td><td colspan="3" style="padding:0 1pt 0 13pt"><div style="margin-bottom:0.1pt;padding-left:12pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">329</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(512)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(114)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Hedged item</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt 0 13pt"><div style="margin-bottom:0.1pt;padding-left:12pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(328)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">520</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">103</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flow hedges</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1)</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(17)</span></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(695)</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">181</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(812)</span></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #ffffff;padding:0 1pt"></td></tr></table></div>
-505000000
-21000000
427000000
-1001000000
236000000
-402000000
-44000000
-123000000
-56000000
775000000
-15000000
-431000000
81000000
99000000
-332000000
-694000000
176000000
-795000000
0
8000000
-10000000
329000000
-512000000
-114000000
-328000000
520000000
103000000
-2000000
-3000000
-7000000
-1000000
5000000
-17000000
-695000000
181000000
-812000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:130%;padding-left:11.6pt">Other operating income and expense </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading “Other operating income” in the consolidated income statements is as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:70.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.299%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER OPERATING INCOME (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains from sales of non-financial services</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">373</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">354</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">347</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other operating income</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">316</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">269</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">272</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">688</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">623</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">619</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading “Other operating expense” in the consolidated income statements is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:70.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.299%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER OPERATING EXPENSE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Change in inventories</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">149</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">165</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">151</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions to guaranteed banks deposits funds ⁽¹⁾</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">656</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">636</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,017</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hyperinflation adjustment ⁽²⁾</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">742</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,775</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,007</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other operating expense ⁽³⁾</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,066</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,374</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">867</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,614</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,951</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,042</span></td></tr></table></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) In 2025 and 2024, no contributions were made to the European Single Resolution Fund (SRF) since the constitution phase of the fund has been completed. Likewise, the Deposits Guarantee Fund of Credit Institutions in Spain reached in 2023 the minimum coverage level established by the European Regulation with respect to covered deposits, so no additional contributions were necessary for this purpose during 2025 and 2024.</span></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) For the years ended December 31, 2025, 2024 and 2023 it includes €356 million, €1,419 million and €1,062 million related to Argentina; €204 million, €348 million and €916 million related to Turkey; and €183 million, €9 million and €28 million related to Venezuela, respectively (see Note 2.2.18).</span></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(3) For the year ended December 2024 and 2023, it includes €285 million and €215 million, respectively, corresponding to the total annual amount disbursed under the temporary tax on credit institutions and financial credit establishments, according to Law 38/2022 of December 27, 2022.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading “Other operating income” in the consolidated income statements is as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:70.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.299%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER OPERATING INCOME (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains from sales of non-financial services</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">373</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">354</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">347</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other operating income</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">316</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">269</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">272</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">688</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">623</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">619</span></td></tr></table></div>
373000000
354000000
347000000
316000000
269000000
272000000
688000000
623000000
619000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under the heading “Other operating expense” in the consolidated income statements is as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:70.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.296%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.299%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER OPERATING EXPENSE (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Change in inventories</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">149</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">165</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">151</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contributions to guaranteed banks deposits funds ⁽¹⁾</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">656</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">636</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,017</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Hyperinflation adjustment ⁽²⁾</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">742</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,775</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,007</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other operating expense ⁽³⁾</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,066</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,374</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">867</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,614</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">3,951</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,042</span></td></tr></table></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) In 2025 and 2024, no contributions were made to the European Single Resolution Fund (SRF) since the constitution phase of the fund has been completed. Likewise, the Deposits Guarantee Fund of Credit Institutions in Spain reached in 2023 the minimum coverage level established by the European Regulation with respect to covered deposits, so no additional contributions were necessary for this purpose during 2025 and 2024.</span></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) For the years ended December 31, 2025, 2024 and 2023 it includes €356 million, €1,419 million and €1,062 million related to Argentina; €204 million, €348 million and €916 million related to Turkey; and €183 million, €9 million and €28 million related to Venezuela, respectively (see Note 2.2.18).</span></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(3) For the year ended December 2024 and 2023, it includes €285 million and €215 million, respectively, corresponding to the total annual amount disbursed under the temporary tax on credit institutions and financial credit establishments, according to Law 38/2022 of December 27, 2022.</span></div>
149000000
165000000
151000000
656000000
636000000
1017000000
742000000
1775000000
2007000000
1066000000
1374000000
867000000
2614000000
3951000000
4042000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:11.49pt">Income and expense from insurance and reinsurance contracts</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The balances of the headings “Income and expense from insurance and reinsurance contracts” in the consolidated income statements stem from the insurance activity and include the following:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:65.239%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.121%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">INCOME AND EXPENSE FROM INSURANCE AND REINSURANCE CONTRACTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Income from insurance and reinsurance contracts </span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,890</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,720</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,081</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Expense from insurance and reinsurance contracts</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,370)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,238)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,821)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,520</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,482</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,261</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The table below shows the contribution of each insurance product to the Group´s income for the years ended December 31, 2025, 2024 and 2023:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:65.239%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.121%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NET INCOME BY TYPE OF PRODUCT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Life insurance</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">683</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">752</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">617</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Individual</span></div></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">513</span></div></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">656</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">590</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Group insurance</span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">170</span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">96</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">27</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-Life insurance</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">837</span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">730</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">643</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Home insurance</span></div></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other non-life insurance products</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">837</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">730</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">643</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,520</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,482</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,261</span></td></tr></table></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The balances of the headings “Income and expense from insurance and reinsurance contracts” in the consolidated income statements stem from the insurance activity and include the following:</span></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:65.239%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.121%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">INCOME AND EXPENSE FROM INSURANCE AND REINSURANCE CONTRACTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Income from insurance and reinsurance contracts </span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,890</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,720</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,081</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Expense from insurance and reinsurance contracts</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,370)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,238)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,821)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,520</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,482</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,261</span></td></tr></table></div>
3890000000
3720000000
3081000000
2370000000
2238000000
1821000000
1520000000
1482000000
1261000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The table below shows the contribution of each insurance product to the Group´s income for the years ended December 31, 2025, 2024 and 2023:</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:65.239%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.121%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NET INCOME BY TYPE OF PRODUCT (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Life insurance</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">683</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">752</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">617</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Individual</span></div></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">513</span></div></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">656</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">590</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Group insurance</span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">170</span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">96</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">27</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-Life insurance</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">837</span></div></td><td colspan="3" style="border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">730</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">643</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Home insurance</span></div></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #dbdbdb;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Other non-life insurance products</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">837</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">730</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">643</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,520</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,482</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,261</span></td></tr></table></div>
683000000
752000000
617000000
513000000
656000000
590000000
170000000
96000000
27000000
837000000
730000000
643000000
0
0
0
837000000
730000000
643000000
1520000000
1482000000
1261000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:10.89pt">Administration costs</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:7.79pt">Personnel expense</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated income statements is as follows: </span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:54.019%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.121%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PERSONNEL EXPENSE (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wages and salaries</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,088</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,937</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,068</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Social security costs</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,070</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,007</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">834</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined contribution plan expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">152</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">158</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">139</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined benefit plan expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other personnel expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">420</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">506</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">440</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,773</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,659</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,530</span></td></tr></table></div><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%;padding-left:3.14pt"> Share-based employee remuneration</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amounts recognized under the heading “Administration costs - Personnel expense - Other personnel expense” in the consolidated income statements for the year ended December 31, 2025, 2024 and 2023, corresponding to the remuneration plans based on equity instruments in each year, amounted to €25 million, €</span><span style="background-color:#ffffff;color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">23</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> million and €24 million, respectively. These amounts have been recognized with a corresponding entry under the heading “Shareholders’ funds - Other equity” in the consolidated balance sheets, net of tax effect.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The characteristics of the Group's remuneration plans based on equity instruments are described below.</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><span style="color:#070e46;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Variable remuneration in shares </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA has a specific remuneration scheme applicable to those employees whose professional activities have a material impact on the risk profile of BBVA and/or its Group (hereinafter “Identified Staff”) involving the delivery of BBVA shares or instruments linked to BBVA shares, designed within the framework of applicable regulations to credit institutions and considering best practices and recommendations at the local and international levels in this matter.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:130%">In 2025, this remuneration scheme is reflected in the following remuneration policies: </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">BBVA Group General Remuneration Policy, approved by the Board of Directors on March 29, 2023, that applies to employees and BBVA Senior Management (excluding BBVA executive directors) and at Group companies with respect to which BBVA exercises control over management. This policy includes the specific rules applicable to the members of the Identified Staff, including BBVA Senior Management. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">BBVA Directors’ Remuneration Policy, approved by the General Shareholders’ Meeting of BBVA held on March 17, 2023, that is applicable to the members of the Board of Directors of BBVA. The remuneration system for executive directors corresponds, generally, with the applicable system to the Identified Staff, incorporating some particularities of their own, derived from their condition of directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Thus, according to the applicable remuneration policies, the variable remuneration for the Identified Staff members is subject, principally, to the following rules:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The Annual Variable Remuneration for Identified Staff members for each financial year will not accrue or will be reduced upon accrual, if certain profit and capital ratio levels are not achieved. </span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">A maximum of 40% of the Annual Variable Remuneration for those members of the Identified Staff who receive particularly high amounts of variable remuneration and members of BBVA’s Senior Management and 60% for the rest of the Identified Staff (the “Upfront Portion” of the Annual Variable Remuneration) shall vest and be paid, provided the relevant conditions for payment are met, as a general rule, in the first quarter of the following financial year to which the Annual Variable Remuneration corresponds.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The remaining amount, and at least 60% of the Annual Variable Remuneration for those members of the Identified Staff who receive particularly high amounts of variable remuneration and members of BBVA’s Senior Management, and 40% for the rest of the Identified Staff, will be deferred over a period of 4 years (the “Deferred Portion” of the Annual Variable Remuneration). However, for members of BBVA’s Senior Management the deferral period shall be 5 years. In both cases, the Deferred Portion will be paid, provided the relevant conditions are met, once each of the years of deferral has elapsed. In no event will this Deferred Portion be paid faster than in a proportionate way.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Both the Upfront Portion and the Deferred Portion of the Annual Variable Remuneration of each member of the Identified Staff will be paid 50% in cash and 50% in BBVA shares or in instruments linked to BBVA shares. For members of BBVA’s Senior Management, the Deferred Portion will be paid 40% in cash and 60% in BBVA shares and/or in instruments linked to BBVA shares.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Shares or instruments received as Annual Variable Remuneration shall be withheld for one year running from the date of delivery. The foregoing shall not apply to those shares that are sold, where appropriate, in order to meet the payment of tax obligations accruing on the delivery of the shares and/or instruments.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The Deferred Portion of the Annual Variable Remuneration may undergo certain ex post risk adjustments, meaning that it will not vest, or may be reduced, if certain capital and liquidity thresholds are not met.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Up to 100% of the Annual Variable Remuneration of each member of the Identified Staff corresponding to each financial year, both in cash and in shares or instruments, will be subject to arrangements for the reduction of variable remuneration (malus) and arrangements for the recovery of variable remuneration already paid (clawback), which will remain in effect during the applicable deferral and retention period, and will be applicable in the event of the occurrence of any of the circumstances expressly named in the remuneration policies.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The cash amounts of the Deferred Portion of the Annual Variable Remuneration that ultimately vest will be updated by applying the consumer price index (hereinafter "CPI") measured as the year-on-year change in prices, or any other criteria established for that purpose by the Board of Directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">Identified Staff members may not use personal hedging strategies or insurance in connection with the Annual Variable Remuneration and the responsibility that may undermine the effects of alignment with prudent risk management.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">If the members of the Identified Staff are entitled to receive any variable remuneration other than the Annual Variable Remuneration but which qualifies as variable remuneration, such variable remuneration shall be subject to the rules regarding accrual, award, vesting and payment in accordance with the type and nature of the remuneration component itself.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">The variable remuneration of the Identified Staff for a financial year (understood as the sum of all variable remuneration) shall be limited to a maximum amount of 100% of the fixed component (understood as the sum of all fixed remuneration) of the total remuneration, unless the BBVA General Shareholders’ Meeting resolves to increase this percentage up to a maximum of 200%.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In this regard, the General Shareholders’ Meeting of BBVA held on March 21, 2025 resolved to increase this limit to a maximum level of 200% of the fixed component of the total remuneration for a given number of the Identified Staff members, in the terms indicated in the report issued for this purpose by the Board of Directors dated February 11, 2025.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The delivery of shares in 2025 to the members of the Identified Staff is derived from the settlement of the Annual Variable Remuneration for 2024 and deferred variable remuneration from previous years, which are subject to the vesting and payment rules established in the remuneration policies applicable in the year to which they correspond.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">According to the remuneration policy applicable in 2024, during 2025 a total amount of 2,383,411 BBVA shares or instruments linked to BBVA shares, corresponding, mostly, to the Upfront Portion of 2024 Annual Variable Remuneration of the Identified Staff, which includes executive directors and other members of BBVA's Senior Management, as well as to other variable components of remuneration, were delivered.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, according to the remuneration policy applicable in 2019, during 2025 a total amount of 220,803 BBVA shares, corresponding mostly to the third and last payment of the Deferred Portion of 2019 Annual Variable Remuneration of the Identified Staff, which includes executive directors and other members of BBVA's Senior Management, as well as to other variable components of remuneration, were delivered.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Likewise, according to the remuneration policy applicable in 2020, during 2025 a total amount of 14,340 BBVA shares were delivered, corresponding to other variable components of remuneration. In 2020, the executive directors and other members of BBVA's Senior Management, as a gesture of responsibility and commitment in response to the exceptional circumstances arising from the COVID-19 crisis, waived their entire 2020 Annual Variable Remuneration.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In accordance with the remuneration policy applicable in 2021, during 2025 a total of 744,077 BBVA shares were delivered, the majority corresponding to the third payment of the Deferred Portion of 2021 Annual Variable Remuneration of the Identified Staff, which includes executive directors and other members of BBVA's Senior Management, as well as to other variable components of remuneration.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">According to the remuneration policy applicable in 2022, during 2025 a total amount of 728,081 BBVA shares were delivered, corresponding, mainly, to the second payment of the Deferred Portion of 2022 Annual Variable Remuneration of the Identified Staff, among which executive directors and the rest of the members of BBVA's Senior Management are included, as well as to other variable components of remuneration.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Finally, In accordance with the remuneration policy applicable in 2023, during 2025 a total of 577,686 BBVA shares were delivered, the majority corresponding to the first payment of the Deferred Portion of 2023 Annual Variable Remuneration of the Identified Staff, which includes executive directors and other members of BBVA's Senior Management, as well as to other variable components of remuneration.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Detailed information on the delivery of shares to executive directors and the rest of the members of BBVA's Senior Management who held this position as of December 31, 2025, is included in Note 54.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Lastly, in line with specific regulation applicable in Brazil and Portugal, BBVA Brazil Banco de Investimento and BBVA IFIC have identified (on an individual basis, respectively) the staff in these countries whose annual variable remuneration should be subject to a specific settlement and payment scheme established in their corresponding remuneration policies, more specifically:</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">A percentage of the annual variable remuneration is subject to a three-year deferral that shall be paid yearly over the mentioned period.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">50% of the annual variable remuneration, both the upfront portion and deferred portion, shall be established in BBVA shares.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In BBVA Brazil Banco de Investimento, both the cash amounts and share amounts of the deferred portion may be subject to update adjustments which are payable in cash.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">–</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:12.18pt">In BBVA IFIC the deferred portion of the annual variable remuneration may be reduced, but never increased, depending on the result of multi-year performance indicators. The cash amounts of the deferred portion that are finally paid will be subject to updating by applying the CPI measured as a year-on-year change in prices.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">According to this remuneration scheme, during financial year 2025 a total of 7,376 BBVA shares corresponding to the upfront portion of 2024 annual variable remuneration were delivered to the staff of BBVA Brazil Banco de Investimento.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, during 2025 a total of 1,463 BBVA shares corresponding to the first third of the deferred portion of 2023 annual variable remuneration were delivered as well as a total of €1,053 as adjustments for updates, a total of 1,832 BBVA shares corresponding to the second third of the deferred portion of 2022 annual variable remuneration and €2,230 as adjustments for updates, and a total of 1,624 BBVA shares corresponding to the last third of the deferred portion of 2021 annual variable remuneration and €2,579 as adjustments for updates. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With regard to the BBVA IFIC group, it should be noted that the exception provided for in the remuneration policy for said year corresponding to payment in shares has been applied to the annual variable remuneration for the year 2024 of some members of this group, in line with the provisions of the regulations in force. For this reason in 2025 just 2,659 BBVA shares have been delivered to BBVA IFIC identified members corresponding to 2024 variable remuneration. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Additionally, during 2025 a total of 326 BBVA shares corresponding to the first third of the deferred portion of 2023 annual variable remuneration and a total of 3,218 BBVA shares corresponding to the last third of the deferred portion of 2021 annual variable remuneration were delivered to this group.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:5.6pt">Other administrative expense</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated income statements is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.389%"><tr><td style="width:1.0%"></td><td style="width:64.367%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.413%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER ADMINISTRATIVE EXPENSE. BREAKDOWN BY MAIN CONCEPTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Technology and systems</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,778</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,732</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,512</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Communications </span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">247</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">261</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">219</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advertising</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">564</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">441</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">349</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, fixtures and materials</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">561</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">577</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">520</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Taxes other than income tax ⁽¹⁾</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">322</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">481</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">451</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Surveillance and cash courier services</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">244</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">255</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">234</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,323</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,253</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,090</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,038</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,001</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,375</span></td></tr></table></div><div style="margin-bottom:3pt;padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) The year-on-year variation is mainly explained by the recognition of a lower expense corresponding to the value added tax in BBVA, S.A., during the first half of 2025 as a result of the upward re-estimation of its pro-rata portion applied both to previous years and to financial year 2025 (see Note 19).</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated income statements is as follows: </span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:54.019%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.121%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PERSONNEL EXPENSE (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wages and salaries</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,088</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,937</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,068</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Social security costs</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,070</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,007</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">834</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined contribution plan expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">152</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">158</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">139</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined benefit plan expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.1pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other personnel expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">420</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">506</span></div></td><td colspan="3" style="border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">440</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,773</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,659</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,530</span></td></tr></table></div>
6088000000
5937000000
5068000000
1070000000
1007000000
834000000
152000000
158000000
139000000
43000000
51000000
49000000
420000000
506000000
440000000
7773000000
7659000000
6530000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated income statements is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.389%"><tr><td style="width:1.0%"></td><td style="width:64.367%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.410%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.413%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER ADMINISTRATIVE EXPENSE. BREAKDOWN BY MAIN CONCEPTS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Technology and systems</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,778</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,732</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,512</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Communications </span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">247</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">261</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">219</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Advertising</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">564</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">441</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">349</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, fixtures and materials</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">561</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">577</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">520</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Taxes other than income tax ⁽¹⁾</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">322</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">481</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">451</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Surveillance and cash courier services</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">244</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">255</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">234</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other expense</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,323</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,253</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,090</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,038</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,001</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,375</span></td></tr></table></div><div style="margin-bottom:3pt;padding-right:8.5pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) The year-on-year variation is mainly explained by the recognition of a lower expense corresponding to the value added tax in BBVA, S.A., during the first half of 2025 as a result of the upward re-estimation of its pro-rata portion applied both to previous years and to financial year 2025 (see Note 19).</span></div>
1778000000
1732000000
1512000000
247000000
261000000
219000000
564000000
441000000
349000000
561000000
577000000
520000000
322000000
481000000
451000000
244000000
255000000
234000000
1323000000
1253000000
1090000000
5038000000
5001000000
4375000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:11.67pt">Depreciation and amortization </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated income statements for the years ended December 31, 2025, 2024 and 2023 is as follows: </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:54.019%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.121%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEPRECIATION AND AMORTIZATION (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tangible assets</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">946</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">972</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">867</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">For own use</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">607</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">623</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">547</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Right-of-use assets</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">335</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">343</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">317</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Investment properties and other</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Intangible assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">575</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">561</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">536</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,521</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,533</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,403</span></td></tr></table></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of the balance under this heading in the consolidated income statements for the years ended December 31, 2025, 2024 and 2023 is as follows: </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:54.019%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.121%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEPRECIATION AND AMORTIZATION (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tangible assets</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">946</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">972</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">867</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">For own use</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">607</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">623</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">547</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Right-of-use assets</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">335</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">343</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">317</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Investment properties and other</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">5</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">3</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Intangible assets</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">575</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">561</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">536</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,521</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,533</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,403</span></td></tr></table></div>
946000000
972000000
867000000
607000000
623000000
547000000
335000000
343000000
317000000
4000000
5000000
3000000
575000000
561000000
536000000
1521000000
1533000000
1403000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:11.07pt">Provisions or reversal of provisions</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For the years ended December 31, 2025, 2024 and 2023, the net provisions recognized in this income statement line item were as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:54.019%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.121%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PROVISIONS OR REVERSAL OF PROVISIONS (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pensions and other post-employment defined benefit obligations</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commitments and guarantees given</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">112</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(84)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pending legal issues and tax litigation</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">213</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">191</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other provisions </span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">373</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">198</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">373</span></td></tr></table></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For the years ended December 31, 2025, 2024 and 2023, the net provisions recognized in this income statement line item were as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:54.019%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.121%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PROVISIONS OR REVERSAL OF PROVISIONS (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pensions and other post-employment defined benefit obligations</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commitments and guarantees given</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">112</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(84)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pending legal issues and tax litigation</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">213</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">191</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other provisions </span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">88</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">95</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">373</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">198</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">373</span></td></tr></table></div>
2000000
3000000
31000000
112000000
-84000000
76000000
213000000
191000000
171000000
46000000
88000000
95000000
373000000
198000000
373000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:12.56pt">Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification by the nature of those assets in the consolidated income statements is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:54.019%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.121%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">IMPAIRMENT OR REVERSAL OF IMPAIRMENT ON FINANCIAL ASSETS NOT MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS OR NET GAINS BY MODIFICATION (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income - Debt securities</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(28)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at amortized cost</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,101</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,687</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,386</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: recovery of written-off assets by cash collection</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7.2.5</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(396)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(403)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(369)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,073</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,745</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,428</span></td></tr></table></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The breakdown of impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification by the nature of those assets in the consolidated income statements is as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:54.019%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.121%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">IMPAIRMENT OR REVERSAL OF IMPAIRMENT ON FINANCIAL ASSETS NOT MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS OR NET GAINS BY MODIFICATION (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at fair value through other comprehensive income - Debt securities</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(28)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial assets at amortized cost</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,101</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,687</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,386</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:6pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Of which: recovery of written-off assets by cash collection</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">7.2.5</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(396)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(403)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(369)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">6,073</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,745</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">4,428</span></td></tr></table></div>
-28000000
58000000
42000000
-6101000000
-5687000000
-4386000000
-396000000
-403000000
-369000000
6073000000
5745000000
4428000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:11.24pt">Impairment or reversal of impairment of investments in joint ventures and associates</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The heading “Impairment or reversal of the impairment of investments in joint ventures or associates" included a net reversal of impairment of €32 million in the year ended December 31, 2025. This heading included a net impairment of €63 million for the year ended December 31, 2024, and it included a net reversal of impairment of €42 million for the year ended December 31, 2023 (see Note 16.3).</span></div>
32000000
63000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:130%;padding-left:11.07pt">Impairment or reversal of impairment of non-financial assets </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The impairment losses on non-financial assets broken down by the nature of those assets in the consolidated income statements are as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:64.678%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.457%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">IMPAIRMENT OR REVERSAL OF IMPAIRMENT ON NON-FINANCIAL ASSETS (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tangible assets</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(29)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Intangible assets</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Others </span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">54</span></td></tr></table></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The impairment losses on non-financial assets broken down by the nature of those assets in the consolidated income statements are as follows:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:64.678%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.457%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">IMPAIRMENT OR REVERSAL OF IMPAIRMENT ON NON-FINANCIAL ASSETS (MILLIONS OF EUROS)</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Tangible assets</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(29)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Intangible assets</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Others </span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">13</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(1)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">54</span></td></tr></table></div>
5000000
29000000
-16000000
14000000
15000000
26000000
3000000
13000000
12000000
13000000
-1000000
54000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:130%;padding-left:11.17pt">Gains (losses) from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The main items included in the balance under this heading in the consolidated income statements are as follows:</span></div><div style="margin-bottom:2pt;margin-top:2pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:64.582%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.479%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.479%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.479%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.481%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GAINS (LOSSES) FROM NON-CURRENT ASSETS AND DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE NOT QUALIFYING AS DISCONTINUED OPERATIONS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains on sale of real estate</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">54</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment of non-current assets held for sale</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(36)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(83)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(42)</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on sale of investments classified as non-current assets held for sale</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains on sale of equity instruments classified as non-current assets held for sale</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(17)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22</span></td></tr></table></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The main items included in the balance under this heading in the consolidated income statements are as follows:</span></div><div style="margin-bottom:2pt;margin-top:2pt;padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:64.582%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.479%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.479%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.479%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.481%"></td><td style="width:0.1%"></td></tr><tr><td colspan="15" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">GAINS (LOSSES) FROM NON-CURRENT ASSETS AND DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE NOT QUALIFYING AS DISCONTINUED OPERATIONS (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Notes</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains on sale of real estate</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">54</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">64</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment of non-current assets held for sale</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(36)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(83)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(42)</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains (losses) on sale of investments classified as non-current assets held for sale</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gains on sale of equity instruments classified as non-current assets held for sale</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">18</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(17)</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">22</span></td></tr></table></div>
54000000
66000000
64000000
-36000000
-83000000
-42000000
0
0
0
0
0
0
18000000
-17000000
22000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The variation between 2025, 2024 and 2023 of the financial liabilities from financing activities is the following:</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:39.152%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.857%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.863%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">LIABILITIES FROM FINANCING ACTIVITIES (MILLIONS OF EUROS)</span></div></td><td colspan="9" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:21pt"><td colspan="3" rowspan="3" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities at amortized cost: Debt certificates</span></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Of which: Issuances of subordinated liabilities</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td></tr><tr style="height:8pt"><td colspan="3" rowspan="2" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.1pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr style="height:8pt"><td colspan="21" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the beginning</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">69,867</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">68,707</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">55,429</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">19,556</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,832</span></div></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">12,485</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flows</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15,120</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">627</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,283</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,738</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,303</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,388</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-cash changes</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,145)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">532</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,345)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">421</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(40)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Acquisition</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Disposal</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Disposals by companies held for sale </span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Fair value changes</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;padding-left:12pt"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Foreign exchange movement and others</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(3,145)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">532</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(5)</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(1,345)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">421</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#6d6d6d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">(40)</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Balance at the end</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">81,842</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">69,867</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">68,707</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">20,949</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">19,556</span></div></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">15,832</span></div></td></tr></table></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) There were €104 million, €56 million and €35 million of subordinated deposits as of December 31, 2025, 2024 and 2023, respectively (see Note 22.4). In addition, there were coupon payments on subordinated liabilities for €397 million, €388 million and €345 million in 2025, 2024 and 2023, respectively. Appendix VI details the outstanding subordinated debt issued by their nominal value.</span></div>
69867000000
68707000000
55429000000
19556000000
15832000000
12485000000
15120000000
627000000
13283000000
2738000000
3303000000
3388000000
-3145000000
532000000
-5000000
-1345000000
421000000
-40000000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-3145000000
532000000
-5000000
-1345000000
421000000
-40000000
81842000000
69867000000
68707000000
20949000000
19556000000
15832000000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:130%;padding-left:12.38pt">Accountant fees and services</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The details of the fees for the services contracted by entities of the BBVA Group for the year ended December 31, 2025, with their respective auditors and other audit entities are as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:64.818%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.262%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FEES FOR AUDITS CONDUCTED AND OTHER RELATED SERVICES </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> (MILLIONS OF EUROS) </span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Audits of the companies audited by firms belonging to the EY worldwide organization and other reports related with the audit </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33.0</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32.8</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28.5</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other reports required pursuant to applicable legislation and tax regulations issued by the national supervisory bodies of the countries in which the Group operates, reviewed by firms belonging to the EY worldwide organization</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.5</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fees for audits conducted by other firms</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></div></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> (1) Regardless of the billed year.</span></div><div style="padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Including fees pertaining to annual audits and other financial statements (€26.7 million as of December 31, 2025).</span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the year ended December 31, 2025, certain entities in the BBVA Group contracted other services (other than audits) as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:64.818%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.262%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER SERVICES RENDERED (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Firms belonging to the EY worldwide organization</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This total of contracted services includes the detail of the services provided by Ernst & Young, S.L. to BBVA, S.A. or its controlled companies at the date of preparation of these consolidated financial statements as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:64.397%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.400%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.400%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.403%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FEES FOR AUDITS CONDUCTED</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:13pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Legal audit of BBVA,S.A. or its companies under control</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.8</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.5</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.9</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other audit services of BBVA, S.A. or its companies under control</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.8</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.4</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Limited Review of BBVA, S.A. or its companies under control</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.0</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.0</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.9</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reports related to issuances</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.9</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.0</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Assurance services and other required by the regulator</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.8</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other </span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr></table></div><div style="margin-bottom:18pt;padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Services provided by Ernst & Young, S.L. to companies located in Spain, to the branch of BBVA in New York, the branch of BBVA in London and the branch of BBVA in Frankfurt.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Audit fees disclosed in this Note are presented under local purposes and do not correspond to SEC definitions. The services provided by the auditors meet the independence requirements of the external auditor established under Audit of Accounts Law (Law 22/2015) and under the Sarbanes-Oxley Act of 2002 adopted by the SEC.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The details of the fees for the services contracted by entities of the BBVA Group for the year ended December 31, 2025, with their respective auditors and other audit entities are as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:64.818%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.262%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FEES FOR AUDITS CONDUCTED AND OTHER RELATED SERVICES </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> (MILLIONS OF EUROS) </span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Audits of the companies audited by firms belonging to the EY worldwide organization and other reports related with the audit </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33.0</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">32.8</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28.5</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other reports required pursuant to applicable legislation and tax regulations issued by the national supervisory bodies of the countries in which the Group operates, reviewed by firms belonging to the EY worldwide organization</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.5</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fees for audits conducted by other firms</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></div></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> (1) Regardless of the billed year.</span></div><div style="padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Including fees pertaining to annual audits and other financial statements (€26.7 million as of December 31, 2025).</span></div>
33000000.0
32800000
28500000
1600000
1500000
1400000
100000
100000
100000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the year ended December 31, 2025, certain entities in the BBVA Group contracted other services (other than audits) as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:64.818%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.260%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.262%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OTHER SERVICES RENDERED (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Firms belonging to the EY worldwide organization</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2</span></div></td></tr></table></div>
200000
200000
200000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This total of contracted services includes the detail of the services provided by Ernst & Young, S.L. to BBVA, S.A. or its controlled companies at the date of preparation of these consolidated financial statements as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:64.397%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.400%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.400%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.403%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FEES FOR AUDITS CONDUCTED</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:13pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Legal audit of BBVA,S.A. or its companies under control</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.8</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.5</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:1pt solid #FFFFFF;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.9</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other audit services of BBVA, S.A. or its companies under control</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.8</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.6</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.4</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Limited Review of BBVA, S.A. or its companies under control</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.0</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.0</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.9</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reports related to issuances</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.9</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.0</span></div></td></tr><tr><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Assurance services and other required by the regulator</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2</span></div></td><td colspan="3" style="border-left:1pt solid #FFFFFF;border-right:1pt solid #FFFFFF;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.8</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other </span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr></table></div><div style="margin-bottom:18pt;padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Services provided by Ernst & Young, S.L. to companies located in Spain, to the branch of BBVA in New York, the branch of BBVA in London and the branch of BBVA in Frankfurt.</span></div>
8800000
8500000
7900000
5800000
5600000
5400000
2000000.0
2000000.0
1900000
900000
1200000
1000000.0
1200000
1200000
800000
100000
0
0
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:12.27pt">Related-party transactions</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA and other Group companies, in their capacity as financial institutions, maintain transactions with their related parties within the ordinary course of their businesses. These transactions are of minor significance and are carried out under normal market conditions. As of December 31, 2025, 2024 and 2023, transactions with the following related parties have been identified:</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:8.99pt">Transactions with significant shareholders</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, 2024 and 2023, there were no shareholders with significant influence (see Note 26).</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:6.8pt">Transactions of BBVA Group entities with joint ventures and associates</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances of the main captions in the consolidated balance sheets arising from the transactions carried out by the BBVA Group with joint ventures and associates are as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:67.343%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.421%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BALANCES ARISING FROM TRANSACTIONS OF BBVA GROUP ENTITIES WITH JOINT VENTURES AND ASSOCIATES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">632</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">639</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">791</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">109</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">160</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">134</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Memorandum accounts</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial guarantees given</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">177</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">625</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">784</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">595</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">119</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances of the main captions in the consolidated income statements resulting from transactions with joint ventures and associates are as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:67.343%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.421%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BALANCES OF CONSOLIDATED INCOME STATEMENT ARISING FROM TRANSACTIONS OF BBVA GROUP ENTITIES WITH JOINT VENTURES AND ASSOCIATES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Income statement</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest and other income</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fee and commission income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fee and commission expense</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td></tr></table></div><div style="margin-bottom:15pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">There were no other material effects in the consolidated financial statements arising from dealings with these entities, other than the effects from using the equity method (see Note 2.1), from the insurance policies to cover pension or similar commitments (see Note 25), and from the derivatives transactions arranged by BBVA Group with these entities, associates and joint ventures.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, as part of its normal activity, the BBVA Group has entered into agreements and commitments of various types with shareholders of subsidiaries and associates, which have no material effects on the consolidated financial statements.</span></div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:6.71pt">Transactions with members of the Board of Directors and Senior Management </span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The transactions entered into between BBVA or its Group companies with members of the Board of Directors and Senior Management of the Bank or their related parties were within the scope of the ordinary course of business of the Bank and were immaterial, defined as transactions the disclosure of which is not necessary to present a true and fair view of the Bank's equity, financial position and results, and were concluded on normal markets terms or on terms applicable to the rest of employees.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amount and nature of the main transactions carried out with members of the Board of Directors and Senior Management of the Bank, or their respective related parties, are shown below.</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.369%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.369%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.369%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.200%"></td><td style="width:0.1%"></td></tr><tr><td colspan="45" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BALANCE AT 31</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">ST</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> DECEMBER OF EACH YEAR (THOUSANDS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="15" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="15" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Directors</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Related parties of Directors</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Senior Management</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Related parties of Senior Management</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Directors</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Related parties of Directors</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Senior Management</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Related parties of Senior Management</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Directors</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Related parties of Directors</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Senior Management</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Related parties of Senior Management</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and credits</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,741</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">204</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,285</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">369</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,176</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">210</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,664</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">688</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">531</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">243</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,553</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">727</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Bank guarantees</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr></table></div><div style="padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Excluding executive directors.</span></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:130%">Information on remuneration paid and other benefits granted to members of the Board of Directors and Senior Management of BBVA is provided in Note 54.</span></div>
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances of the main captions in the consolidated balance sheets arising from the transactions carried out by the BBVA Group with joint ventures and associates are as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:67.343%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.421%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BALANCES ARISING FROM TRANSACTIONS OF BBVA GROUP ENTITIES WITH JOINT VENTURES AND ASSOCIATES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and advances to customers</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">632</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">639</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">791</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Debt securities</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deposits from credit institutions</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Customer deposits</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">109</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">160</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">134</span></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Memorandum accounts</span></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Financial guarantees given</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">100</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">171</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">177</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other commitments given</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">625</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">784</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">595</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loan commitments given</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">119</span></div></td></tr></table></div>
38000000
13000000
5000000
632000000
639000000
791000000
4000000
4000000
4000000
1000000
1000000
0
109000000
160000000
134000000
100000000
171000000
177000000
625000000
784000000
595000000
82000000
117000000
119000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The balances of the main captions in the consolidated income statements resulting from transactions with joint ventures and associates are as follows:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:67.343%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.421%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BALANCES OF CONSOLIDATED INCOME STATEMENT ARISING FROM TRANSACTIONS OF BBVA GROUP ENTITIES WITH JOINT VENTURES AND ASSOCIATES (MILLIONS OF EUROS)</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Income statement</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest and other income</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37</span></div></td><td colspan="3" style="border-top:0.5pt solid #001391;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest expense</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fee and commission income</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4</span></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Fee and commission expense</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55</span></div></td><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49</span></div></td></tr></table></div>
29000000
37000000
44000000
1000000
4000000
4000000
9000000
7000000
4000000
46000000
55000000
49000000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The transactions entered into between BBVA or its Group companies with members of the Board of Directors and Senior Management of the Bank or their related parties were within the scope of the ordinary course of business of the Bank and were immaterial, defined as transactions the disclosure of which is not necessary to present a true and fair view of the Bank's equity, financial position and results, and were concluded on normal markets terms or on terms applicable to the rest of employees.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The amount and nature of the main transactions carried out with members of the Board of Directors and Senior Management of the Bank, or their respective related parties, are shown below.</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.333%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.559%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.193%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.369%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.369%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.174%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.052%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.369%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.200%"></td><td style="width:0.1%"></td></tr><tr><td colspan="45" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">BALANCE AT 31</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">ST</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> DECEMBER OF EACH YEAR (THOUSANDS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="15" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="15" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="12" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Directors</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Related parties of Directors</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Senior Management</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Related parties of Senior Management</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Directors</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Related parties of Directors</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Senior Management</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Related parties of Senior Management</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Directors</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Related parties of Directors</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Senior Management</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Related parties of Senior Management</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loans and credits</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,741</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">204</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,285</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">369</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,176</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">210</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,664</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">688</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">531</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">243</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,553</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">727</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Bank guarantees</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10</span></div></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr></table></div><div style="padding-left:1.44pt"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Excluding executive directors.</span></div>
1741000
204000
5285000
369000
2176000
210000
4664000
688000
531000
243000
5553000
727000
0
0
10000
0
0
0
10000
0
0
0
10000
0
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:130%;padding-left:11.67pt">Remuneration and other benefits of the Board of Directors and members of the Bank's Senior Management</span><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:130%">Remuneration of non-executive directors</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The remuneration of the non-executive directors corresponding to the financial years 2025 and 2024 is as follows, individually and by remuneration item: </span></div><div style="padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:25.482%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.791%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.791%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.354%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.354%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.354%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.354%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.354%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.354%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.354%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.358%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">REMUNERATION OF NON-EXECUTIVE DIRECTORS (THOUSANDS OF EUROS) </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:27pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Board of Directors</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Executive Committee </span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Audit Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Risk and Compliance Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Remuneration Committee </span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Appointments and Corporate Governance Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Technology and Cybersecurity Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Other positions </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:3.9pt;font-weight:700;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(2)</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">José Miguel Andrés Torrecillas</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">165</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">115</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">625</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">625</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Jaime Caruana Lacorte</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">449</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">455</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Enrique Casanueva Nárdiz </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.22pt;font-weight:400;line-height:120%;position:relative;top:-2.27pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">302</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">223</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Sonia Dulá</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">302</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">302</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Raúl Galamba de Oliveira</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">214</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">80</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">512</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">512</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Belén Garijo López</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">342</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">378</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Connie Hedegaard Koksbang</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">195</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">195</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Lourdes Máiz Carro</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">238</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">238</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cristina de Parias Halcón </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.22pt;font-weight:400;line-height:120%;position:relative;top:-2.27pt;vertical-align:baseline">(4)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">218</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">167</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Ana Peralta Moreno</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">238</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">238</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Ana Revenga Shanklin</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">386</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">364</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Carlos Salazar Lomelín </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.22pt;font-weight:400;line-height:120%;position:relative;top:-2.27pt;vertical-align:baseline">(5)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">172</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">172</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Jan Verplancke</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">214</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">214</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Total </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(6)</span></div></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">1,673</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">500</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">497</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">642</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">278</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">301</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">171</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">130</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">4,193</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">4,083</span></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Includes the amounts corresponding to the positions on the Board of Directors and its various Committees, the composition of which was last modified on April 26, 2024.</span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Amounts corresponding to the positions of Deputy Chair of the Board of Directors and Lead Director.</span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(3) Director appointed by the General Shareholders´ Meeting held on March 15, 2024. Remuneration in 2024 corresponding to the term in office in that financial year. </span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(4) Director appointed by the General Shareholders´ Meeting held on March 15, 2024. Remuneration in 2024 corresponding to the term in office in that financial year. In addition, in 2025 and 2024, she received €30 thousand and 7,593 BBVA shares and €56 thousand and 14,697 BBVA shares, respectively, corresponding to the deferred portion of 2018 and 2019 annual variable remuneration accrued in her former condition of BBVA’s member of Senior Management, including the update of its cash portion. Likewise, in 2024, she received €72 thousand, as per diems for her attendance to the meetings of the management body of BBVA México, S.A. de C.V. and Grupo Financiero BBVA México, S.A. de C.V; positions from which she resigned in 2024.</span></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(5) In addition, in the financial years 2025 and 2024, the director Carlos Salazar Lomelín has received €171 thousand and €113 thousand, respectively, as per diems for his attendance to the meetings of the management body of BBVA México, S.A. de C.V. and Grupo Financiero BBVA México, S.A. de C.V. and of the strategy forum of BBVA México, S.A. de C.V. </span></div><div style="margin-bottom:6pt;padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(6) The total amount reported for the 2024 financial year does not include amounts corresponding to the positions on the Board and its various Committees received by José Maldonado Ramos and Juan Pi Llorens, who ceased to hold office on March 15, 2024, and whose remuneration for those items in 2024 amounted to €85 thousand and €81 thousand, respectively.</span></div><div style="padding-left:13.5pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Likewise, during financial years 2025 and 2024, €103 thousand and €112 thousand were paid out, respectively, in healthcare and casualty insurance premiums for non-executive directors.</span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:130%">Remuneration system with deferred delivery of shares for non-executive directors</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify;text-indent:-0.01pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">BBVA has a fixed remuneration system with deferred delivery of shares for its non-executive directors, which was approved by the General Shareholders’ Meeting held on March 18, 2006 and extended successively by resolutions of the General Shareholders’ Meetings held on 2011, 2016, 2021 and 2023.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">This system is based on the annual allocation to non-executive directors of a number of theoretical shares of BBVA equivalent to 20% of the total annual fixed allowance in cash received by each director in the previous financial year, calculated according to the average closing price of the BBVA share during 60 trading sessions prior to the date of the Annual General Shareholders’ Meeting approving the financial statements for each financial year.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The BBVA shares, in a number equivalent to the theoretical shares accumulated by each non-executive director, will be delivered to each beneficiary, where applicable, after they leave directorship for any reason other than serious breach of their duties.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During financial years 2025 and 2024, the following theoretical shares derived from this system were allocated:</span></div><div style="margin-top:2pt;padding-left:13.5pt;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:31.158%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.590%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.590%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.781%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.590%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.591%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Theoretical shares allocated </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Theoretical shares accumulated as of December 31</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Theoretical shares allocated </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Theoretical shares accumulated as of December 31 </span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">José Miguel Andrés Torrecillas</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,930</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">158,385</span></div></td><td colspan="3" style="padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,407</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">147,455</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jaime Caruana Lacorte</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,959</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">114,269</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,350</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">106,310</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Enrique Casanueva Nárdiz </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,894</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,894</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sonia Dulá</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,279</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,321</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,042</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,042</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Raúl Galamba de Oliveira</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,944</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,135</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,423</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,191</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Belén Garijo López</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,598</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117,191</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,401</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">110,593</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Connie Hedegaard Koksbang</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,410</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,587</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,914</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,177</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Lourdes Máiz Carro</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,159</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,136</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,384</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76,977</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cristina de Parias Halcón ⁽²⁾</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,915</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,915</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Ana Peralta Moreno</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,159</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,872</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,384</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47,713</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Ana Revenga Shanklin</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,364</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,525</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,947</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,161</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Carlos Salazar Lomelín</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,998</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,010</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,882</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,012</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jan Verplancke</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,747</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,370</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,851</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,623</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71,356</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">705,610</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">79,985</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">634,254</span></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) The number of theoretical shares was calculated according to the average closing price of the BBVA share during the 60 trading sessions prior to the dates of the General Shareholders’ Meetings of March 21, 2025 and March 15, 2024 which were €11.45 and €8.84 per share, respectively.</span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Directors appointed by the General Shareholders’ Meeting held on March 15, 2024, therefore the allocation of theoretical shares was made for the first time in 2025.</span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(3) The total number of theoretical shares allocated during the 2024 financial year does not include 7,735 and 8,157 theoretical shares allocated to José Maldonado Ramos and Juan Pi Llorens, respectively, whose terms of office ended on March 15, 2024, and who after leaving office, in application of the system, received a total of 154,609 and 156,699 BBVA shares, respectively, which is equivalent to the total theoretical shares accumulated up to that date by each of them.</span></div><div style="padding-left:13.5pt"><span><br/></span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-top:24pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:130%">Remuneration of executive directors </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The remuneration of executive directors for financial years 2025 and 2024 indicated below, individually and by remuneration item, is the result of applying the BBVA Directors’ Remuneration Policies approved by the General Shareholders’ Meeting. </span></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:74.215%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.242%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.243%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ANNUAL FIXED REMUNERATION (THOUSANDS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chair</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,924</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,924</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chief Executive Officer</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,179</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,179</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,103</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,103</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition to the amounts indicated in the table, during the 2025 and 2024 financial years, the Chair received, each year, the amount of €41 thousand of fixed allowances for vehicle rental and others. Meanwhile, the Chief Executive Officer received, each year, the amount of €654 thousand of fixed remuneration in cash in lieu of pension (equivalent to 30% of his Annual Fixed Remuneration), as he is not entitled to receive a retirement benefit (see section on “Pension commitments with executive directors” in this Note), and the amount of €600 thousand as mobility allowance.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:13.5pt;text-align:justify;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="border-bottom:1pt solid #001391;padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">REMUNERATION IN KIND (THOUSANDS OF EUROS)</span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Likewise, the executive directors received remuneration in kind during the financial years 2025 and 2024, including insurance premiums and others, €132 thousand and €140 thousand, respectively, in the case of the Chair and €128 thousand, in each financial year, in the case of the Chief Executive Officer.</span></div><div style="margin-bottom:12pt;padding-left:13.5pt;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="border-bottom:1pt solid #001391;padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">VARIABLE REMUNERATION </span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With regard to variable remuneration, the BBVA Directors’ Remuneration Policy approved by the General Shareholders’ Meeting in 2023 establishes a model whereby the Annual Variable Remuneration (“AVR”) of the executive directors comprises two components: a Short-Term Incentive (“STI”) and a Long-Term Incentive (“LTI”). The award of both incentives is contingent upon the achievement by the Group of the minimum profit and capital ratio thresholds approved by the Board of Directors. The sum of the STI and LTI constitutes the AVR for the year of each executive director.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The STI will be awarded once the reference year for measuring the annual indicators used for its calculation has ended. The amount of the STI will be determined based on the results of these indicators, taking into account the targets, scales of achievement and weightings established for each of them, which may range between 0% and 150% of the “Target STI”. The “Target STI” represents the amount of the STI if 100% of the pre-established targets for these indicators are achieved.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Once the aforementioned minimum profit and capital ratio thresholds have been reached, the right to the LTI will accrue, the final amount of which may range between 0% and 150% of the “Target LTI”. The “Target LTI” represents the amount of the LTI if 100% of the pre-established targets for the long-term indicators approved for its calculation are achieved. The final amount of the LTI will be determined once the last year of the measurement period of the long-term indicators has ended, based on their results and taking into account the targets, scales of achievement and weightings established for each of them. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A percentage not exceeding 40% of the AVR will vest and be paid, provided that the relevant conditions are met, as a general rule, in the first quarter of the year following the one to which it corresponds (the “Upfront Portion”), in equal parts in cash and BBVA shares. The remaining amount, and at least 60% of the AVR, will be deferred over a five-year period and paid, if conditions are met, at the end of each of the five years of deferral, 40% in cash and 60% in BBVA shares and/or instruments linked to BBVA shares (the “Deferred Portion” or the “Deferred AVR”). </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Within said deferral period, the payment of the LTI shall only begin after the end of the measurement period of the long-term indicators’ targets, to the result of which its final amount is subject. Therefore, the LTI is part of the Deferred Portion of the AVR of executive directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In accordance with the foregoing, in 2025 the executive directors accrued a Short-Term Incentive amounting to €2,627 thousand in the case of the Chair and €1,965 thousand in the case of the Chief Executive Officer.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, the executive directors accrued the right to a Long-Term Incentive for a maximum theoretical amount of €1,929 thousand in the case of the Chair and €1,443 thousand for the Chief Executive Officer, which is equivalent, in both cases, to 150% of their "Target LTI". Once the measurement period for the long-term indicators established for their calculation has ended (at the end of 2028), their final amount will be determined, which may range between 0% and 150% of the “Target LTI”. Therefore, if 100% of the pre-established targets are met, this incentive will amount to €1,286 thousand in the case of the Chair and €962 thousand in the case of the Chief Executive Officer.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, the remaining rules applicable to the Annual Variable Remuneration of the executive directors set out in the BBVA Directors’ Remuneration Policy will apply to the Annual Variable Remuneration for financial year 2025, which include: (i) a retention period of one year following delivery of the BBVA shares or instruments linked to BBVA shares received; (ii) the prohibition of hedging strategies or insurance that may undermine the effects of alignment with prudent risk management; (iii) update of the finally vested Deferred Portion in cash in accordance with the CPI; (iv) potential application of </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">ex post</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> risk adjustments; (v) malus and clawback arrangements throughout the whole periods of deferral and retention of the shares or instruments; and (vi) the limitation of variable remuneration to a maximum amount of 200% of the fixed component of total remuneration, in accordance with the resolution approved by the General Shareholders’ Meeting held in 2025.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Taking into account the above, the Upfront Portion of the AVR for the financial years 2025 and 2024 of the executive directors, which is due for payment once each of said financial years has ended, in equal parts in cash and BBVA shares, is indicated below.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:13.5pt;text-align:justify;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:35.225%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.449%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.449%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.909%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ANNUAL VARIABLE REMUNERATION (AVR)</span></div></td><td colspan="9" style="padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025 </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024 </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In cash<br/>(thousands of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In shares</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In cash<br/>(thousands of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In shares</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chair</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">821</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,850</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">897</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92,803</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chief Executive Officer</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">614</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,552</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">671</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69,408</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,435</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">71,402</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,568</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">162,211</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:14.00pt">(</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">1) Upfront Portion (36%) of the Annual Variable Remuneration, which represents the first payment of the Short-Term Incentive for financial year 2025 and will be paid during the first quarter of financial year 2026, in equal parts in cash and BBVA shares. The remaining amount of the 2025 Annual Variable Remuneration (which includes the Long-Term Incentive of the 2025 financial year) will be deferred over a 5-year period (40% in cash and 60% in shares and/or instruments linked to shares).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The final amount of the Deferred AVR will depend on the result of the long-term indicators to be used to calculate the Long-Term Incentive of the 2025 financial year. Likewise, and as an </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">ex post</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> risk adjustment mechanism, the Deferred AVR may be reduced if the capital and liquidity thresholds established to guarantee that payment occurs only if it is sustainable, in accordance with the Bank’s payment capacity, are not reached.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">(2) Upfront Portion (37%) of the Annual Variable Remuneration, which represents the first payment of the Short-Term Incentive for financial year 2024 and which was paid in 2025, in equal parts in cash and BBVA shares. The remaining amount of the 2024 Annual Variable Remuneration (which includes the Long-Term Incentive for the 2024 financial year) was deferred over a 5-year period (40% in cash and 60% in BBVA shares and/or instruments linked to shares).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The final amount of the Deferred AVR will depend on the result of the long-term indicators to be used to calculate the Long-Term Incentive of the 2024 financial year. Likewise, and as an </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">ex post</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> risk adjustment mechanism, the Deferred AVR may be reduced if the capital and liquidity thresholds established to guarantee that payment occurs only if it is sustainable, in accordance with the Bank’s payment capacity, are not reached.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:13.5pt;text-align:justify;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:20.078%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.242%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.803%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.861%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEFERRED ANNUAL VARIABLE REMUNERATION (AVR) FROM PREVIOUS FINANCIAL YEARS</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deferred</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">AVR</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In cash</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(thousands of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In shares</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In stock-options </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In cash</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(thousands of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In shares</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In stock-options </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td></tr><tr style="height:12pt"><td colspan="3" rowspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chair</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">222</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,410</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,862</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">189,609 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">221</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,821 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2022</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">243</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,941</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,941 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2021</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">235</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,325</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,325 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2020</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2019</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">181</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45,529 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr><td colspan="6" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">927</span></td><td colspan="2" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">159,538</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">189,609</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">867</span></td><td colspan="2" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">198,616</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chief Executive Officer</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">166</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,987</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">170</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,872</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">141,809 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">166 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,034 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2022</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">187</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,793</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">181 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,793 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2021</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,552</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,552 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2020</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2019</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">163 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,858 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr><td colspan="6" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">701</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">121,204</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">141,809</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">683</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">157,237</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="6" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,629</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">280,742</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">331,418</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,550</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">355,853</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">(1) Deferred remuneration payable after the 2025 year-end, including the update of its cash portion. Payment to the Chair and Chief Executive Officer will take place in 2026 in accordance with the vesting and payment rules set out in the remuneration policies applicable for each financial year:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2024 Deferred AVR: the first payment of the Deferred STI (17.9% of the Deferred Portion) is due to the executive directors. Thereafter, the second payment of the Deferred STI (17.9% of the Deferred Portion) and 2024 LTI (64.2% of the Deferred Portion), will be deferred for both executive directors. The 2024 LTI will depend on the result of the long-term indicators approved for its calculation once its measurement period has elapsed (at the end of 2027), which may range between an achievement of 0% to 150%. If the relevant conditions are met, the second payment of the Deferred STI will be made in 2027 and the three payments of the 2024 LTI will be made in 2028, 2029 and 2030.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2023 Deferred AVR: the second payment of the Deferred STI (17.9% of the Deferred Portion) is due to the executive directors. Thereafter, 2023 LTI (64.2% of the Deferred Portion), will be deferred for both executive directors. The 2023 LTI will depend on the result of the long-term indicators approved for its calculation once its measurement period has elapsed (at the end of 2026), which may range between an achievement of 0% to 150%. If the relevant conditions are met, the three payments of the 2023 LTI will be made in 2027, 2028 and 2029.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2022 Deferred AVR: the third payment (20% of the Deferred Portion) is due to executive directors, after having verified that no reduction had to be made according to the result of the multi-year performance indicators approved in 2022 by the Board of Directors. Thereafter, 40% of the 2022 Deferred AVR will be deferred for both executive directors, which, if the relevant conditions are met, will be paid in 2027 and 2028. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2021 Deferred AVR: the fourth payment (20% of the Deferred Portion) is due to executive directors. Thereafter, 20% of the 2021 Deferred AVR will be deferred for both executive directors, which, if the relevant conditions are met, will be paid in 2027.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2020 Deferred AVR: given the exceptional circumstances arising from the COVID-19 crisis, executive directors voluntarily waived the whole of their 2020 AVR. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">(2) Deferred remuneration which was payable after the 2024 year-end, including the update of its cash portion. Its payment to the Chair and Chief Executive Officer took place in 2025, in accordance with the vesting and payment rules established in the remuneration policies applicable in each financial year:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2023 Deferred AVR: in 2025, the first payment of the Deferred STI (17.9% of the Deferred Portion) was made to executive directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2022 Deferred AVR: in 2025, the second payment (20% of the Deferred Portion) was made to executive directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2021 Deferred AVR: in 2025, the third payment (20% of the Deferred Portion) was made to executive directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2020 Deferred AVR: given the exceptional circumstances arising from the COVID-19 crisis, executive directors voluntarily waived the whole of their 2020 AVR.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2019 Deferred AVR: in 2025, the third and final payment (20% of the Deferred Portion) was made to executive directors. Following this, the payment of the 2019 Deferred AVR to both executive directors was completed. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">(3) The delivery of the stock options awarded as part of the 2023 Deferred AVR is part of the second payment of the 2023 Deferred STI, which is due after the 2025 year-end (in 2026). The delivery of the stock options awarded as part of the 2024 Deferred AVR is part of the second payment of the Deferred STI, which, if the relevant conditions are met, will be due after the 2026 year-end (in 2027).</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Pension commitments with executive directors </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Bank has not assumed any pension commitments with non-executive directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With regard to the executive directors, the BBVA Directors’ Remuneration Policy establishes a pension framework whereby, in the case of the Chair, he is eligible to receive a retirement pension, paid in either income or capital, when he reaches the legally established retirement age, provided that he does not leave his position as a result of serious dereliction of his duties. The amount of this pension will be determined by the annual contributions made by the Bank, together with their corresponding accumulated yields at that date.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The agreed annual contribution to cover the retirement contingency under the defined contribution system for the Chair, as set out in the BBVA Directors’ Remuneration Policy, is €439 thousand. The Board of Directors may update this amount during the term of the Policy, in the same manner as it may update the Annual Fixed Remuneration, pursuant to the terms established therein. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">A portion of 15% of this annual contribution will be based on variable components and considered “discretionary pension benefits”. It will, therefore, be subject to the conditions regarding delivery in shares, withholding, reduction and clawback established in the applicable regulations, as well as any other conditions concerning variable remuneration that may be applicable in accordance with the BBVA Directors’ Remuneration Policy.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In the event that the Chair’s contractual relationship is terminated before he reaches retirement age for reasons other than serious dereliction of duties, the retirement pension payable to the Chair upon him reaching the legally established retirement age will be calculated based on the funds accumulated through the contributions made by the Bank up to that date, as per the terms set out above, plus the corresponding accumulated yield, with no additional contributions to be made by the Bank as of the time of termination.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With respect to the commitments in favor of the Chair to cover the contingencies of death and disability, the Bank will pay the corresponding annual insurance premiums in order to top up this coverage.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In accordance with the foregoing, in the financial year 2025, an amount of €456 thousand was recorded, comprising the agreed annual contribution to cover the retirement contingency, which is €439 thousand, and a further amount of €17 thousand relating to the adjustment of the “discretionary pension benefits” for the financial year 2024, which were declared at the end of that year and which had to be included in the accumulated fund in 2025. Likewise, an amount of €236 thousand was paid in insurance premiums for the death and disability contingencies.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, the total accumulated fund to meet the retirement commitments with the Chair amounted to €29,821 thousand.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Of the annual contribution for the retirement contingency corresponding to the financial year 2025, 15% (€66 thousand) was recorded in that year as “discretionary pension benefits”. Following the end of the financial year, this amount was adjusted by applying the same criteria used to determine the Short-Term Incentive that is part of the Chair’s Annual Variable Remuneration for the 2025 financial year, being determined in an amount of €76 thousand, which represents an upward adjustment of €10 thousand. These “discretionary pension benefits” will be included in the accumulated fund in the 2026 financial year and will be subject to the conditions established for them in the BBVA Directors’ Remuneration Policy. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With regard to the Chief Executive Officer, in accordance with the provisions of the BBVA Directors’ Remuneration Policy and those in his contract, the Bank has not undertaken any retirement commitments, although he is entitled to an annual cash sum instead of a retirement pension (“cash in lieu of pension”) equal to 30% of his Annual Fixed Remuneration. In accordance with the above, in the 2025 financial year, the Bank paid the Chief Executive Officer the amount of €654 thousand as “cash in lieu of pension”, as described in the “Remuneration of executive directors” section of this Note.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For its part, the Bank has undertaken commitments to cover the death and disability contingencies with the Chief Executive Officer. For this purpose, in 2025, €220 thousand was paid corresponding to annual insurance premiums.</span></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:27.651%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.486%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.122%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="background-color:#ffffff;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PENSION SYSTEMS (THOUSANDS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="3" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="15" style="background-color:#001391;border-bottom:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Contributions </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="display:none"></td><td colspan="6" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated funds</span></div></td></tr><tr style="height:12pt"><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Retirement</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Death and disability</span></div></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chair</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">456</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">456</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">252</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,821</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,893</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chief Executive Officer</span></div></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">220 </span></div></td><td style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">221 </span></div></td><td style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">456</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">456</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">457</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">472</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">29,821</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">26,893</span></td></tr></table></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Contributions recognized to meet the pension commitments with the executive directors in financial years 2025 and 2024. In the case of the Chair, these relate to the sum of the annual retirement pension contribution and the adjustment made to the “discretionary pension benefits” for the financial years 2024 and 2023, the contribution of which to the accumulated fund was to be made in the financial years 2025 and 2024, respectively, as well as to the premiums for the death and disability contingencies. In the case of the Chief Executive Officer, the contributions recognized correspond exclusively to the insurance premiums paid by the Bank in 2025 and 2024 to cover the death and disability contingencies given that, in his case, the Bank has not undertaken any commitments to cover the contingency of retirement. </span></div><div style="margin-bottom:3pt;padding-left:1.44pt"><span><br/></span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Payments for termination of the contractual relationship</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In accordance with the BBVA Directors’ Remuneration Policy, the Bank has no commitments to make severance payments to executive directors.</span></div><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Remuneration of Senior Management </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The remuneration of Senior Management, excluding executive directors, for financial years 2025 and 2024 (16 members with this position as of December 31, 2025 and 2024) as indicated below, broken down by remuneration item, are the result of applying the BBVA Group’s General Remuneration Policy approved by the Board of Directors. </span></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:74.215%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.242%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.243%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FIXED REMUNERATION (THOUSANDS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Senior Management Total</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,787</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,928</span></div></td></tr></table></div><div style="padding-left:13.5pt"><span><br/></span></div><div><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition to the amounts indicated in the table, during the 2025 and 2024 financial years, the members of Senior Management collectively received fixed allowances for vehicle rental and others totaling €257 thousands and €347 thousands, respectively. </span></div><div><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:13.5pt;text-align:justify;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:64.117%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.291%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.292%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="border-bottom:1pt solid #001391;padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">REMUNERATION IN KIND (THOUSANDS OF EUROS)</span></div></td></tr></table></div><div style="margin-bottom:21pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During the 2025 and 2024 financial years, remuneration in kind, including insurance premiums and others, totaling €640 thousand and €603 thousand, respectively, was collectively paid to members of Senior Management.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:13.5pt;text-align:justify;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:64.117%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.291%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.292%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="border-bottom:1pt solid #001391;padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">VARIABLE REMUNERATION </span></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">With regard to variable remuneration, the BBVA Group’s General Remuneration Policy establishes a model whereby the Annual Variable Remuneration (“AVR”) for members of Senior Management, like that of executive directors, comprises two components: a Short-Term Incentive (“STI”) and a Long-Term Incentive (“LTI”). The award of both incentives is contingent upon the achievement of the minimum profit and capital ratio thresholds approved by the Board of Directors for this purpose. The sum of the STI and the LTI constitutes the AVR for the year of each member of Senior Management.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Under this model, and in the same terms set out above for the executive directors, in 2025 financial year, all members of Senior Management accrued a Short-Term Incentive for a total combined amount of €7,299 thousand.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In addition, all members of Senior Management accrued the right to a Long-Term Incentive for a maximum theoretical amount of €5,149 thousand, which is equivalent to the sum of 150% of the “Target LTI” of each beneficiary. The final amount of the LTI of each beneficiary will be determined at the end of the measurement period of the long-term indicators established for its calculation (at the end of 2028). This final amount may range between 0% and 150% of the “Target LTI”. Therefore, if 100% of the pre-established targets are achieved, it will amount to a total of €3,433 thousand.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Moreover, the remaining rules applicable to the Annual Variable Remuneration of the members of the Senior Management established in the BBVA Group’s General Remuneration Policy will apply to the Annual Variable Remuneration for financial year 2025, which include: (i) a retention period of one year following delivery of the BBVA shares or instruments linked to BBVA shares; (ii) the prohibition of hedging strategies or insurance that may undermine the effects of alignment with prudent risk management; (iii) update of the finally vested Deferred Portion in cash in accordance with the CPI; (iv) potential application of </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">ex post</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> risk adjustments; (v) malus and clawback arrangements throughout the whole periods of deferral and retention of the shares or instruments; and (vi) the limitation of variable remuneration to a maximum amount of 200% of the fixed component of total remuneration, in accordance with the resolution approved by the General Shareholders’ Meeting in 2025. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Taking into account the above, the total sum of the Upfront Portion of the AVR for financial years 2025 and 2024 of the members of Senior Management, due for payment once each of said financial years has ended, in equal parts in cash and BBVA shares, is indicated below.</span></div><div style="margin-bottom:3pt;margin-top:6pt;padding-left:13.5pt;text-align:justify;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:34.243%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.870%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.870%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.909%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ANNUAL VARIABLE REMUNERATION (AVR)</span></div></td><td colspan="9" style="padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025 </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024 </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In cash </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(thousands of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In shares</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In cash </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(thousands of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In shares</span></div></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:14.00pt">Senior Management Total</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,281</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">112,500</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,266</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">235,016</span></div></td></tr></table></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify;text-indent:-0.01pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">(1) Upfront Portion of the Annual Variable Remuneration, which represents the first payment of the 2025 Short-Term Incentive and will be paid during the first quarter of 2026 financial year, in equal parts in cash and BBVA shares. The remaining amount of the 2025 Annual Variable Remuneration (which includes the 2025 Long-Term Incentive) will be deferred over a 5-year period (40% in cash and 60% in shares and/or instruments linked to shares).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The final amount of the Deferred AVR will depend on the result of the long-term indicators to be used to calculate the 2025 Long-Term Incentive. Likewise, and as an </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">ex post</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> risk adjustment mechanism, the Deferred AVR may be reduced if the capital and liquidity thresholds established to guarantee that payment occurs only if it is sustainable, in accordance with the Bank’s payment capacity, are not reached.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">(2) Upfront Portion of the Annual Variable Remuneration, which represents the first payment of the Short-Term Incentive for financial year 2024 and which was paid in 2025, in equal parts in cash and BBVA shares. The remaining amount of the 2024 Annual Variable Remuneration (which includes the 2024 Long-Term Incentive) was deferred over a 5-year period (40% in cash and 60% in shares and/or instruments linked to shares). The final amount of the Deferred AVR will depend on the result of the long-term indicators to be used to calculate the 2024 Long-Term Incentive. Likewise, and as an </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">ex post</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> risk adjustment mechanism, the Deferred AVR may be reduced if the capital and liquidity thresholds established to guarantee that payment occurs only if it is sustainable, in accordance with the Bank’s payment capacity, are not reached.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:13.5pt;text-align:justify;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:14.748%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.223%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.984%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEFERRED ANNUAL VARIABLE REMUNERATION (AVR) FROM PREVIOUS FINANCIAL YEARS </span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deferred AVR</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In cash </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(thousands of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In shares </span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In stock-options </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In cash </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(thousands of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In shares</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In stock-options </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td></tr><tr style="height:12pt"><td colspan="3" rowspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Senior Management Total</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="3" style="padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">534</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,445</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">549</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,492</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">444,545</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">574</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">98,636</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2022</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">501</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117,265</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">526</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125,129</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2021</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">469</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">112,536</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">488</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">119,207</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2020</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,340</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,340</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2019</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">314</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">77,447</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="6" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,104</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">356,078</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">444,545</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,957</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">434,759</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:14.00pt">(</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">1) Deferred remuneration payable after 2025 year-end, including the update of its cash portion. Payment thereof to members of Senior Management who are beneficiaries will take place in 2026 in accordance with the remuneration policies applicable in each financial year and the vesting and payment rules set forth therein applicable to each member of Senior Management, based on when they became such a member: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2024 Deferred AVR: the first payment of the Deferred STI is due.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2023 Deferred AVR: the second payment of the Deferred STI is due.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2022 Deferred AVR: the third payment of the Deferred STI is due, after having verified that no reduction had to be made according to the result of the multi-year performance indicators approved in 2022 by the Board of Directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2021 Deferred AVR: the fourth payment is due.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2020 Deferred AVR: given the exceptional circumstances arising from the COVID-19 crisis, all members of Senior Management voluntarily waived the whole of their 2020 AVR. Without prejudice to the foregoing, the third and final payment of the deferred portion of a success bonus on the sale of BBVA USA is due to one member of Senior Management, who was an executive of BBVA USA at that time.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">(2) Deferred remuneration which was payable after the 2024 year-end, including the update of its cash portion. Payment thereof to members of Senior Management who were beneficiaries took place in 2025 in accordance with the vesting and payment rules set forth in the remuneration policies applicable in each financial year:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2023 Deferred AVR: in 2025, the first payment of the Deferred STI was made.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2022 Deferred AVR: in 2025, the second payment was made.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2021 Deferred AVR: in 2025, the third payment was made.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2020 Deferred AVR: given the exceptional circumstances arising from the COVID-19 crisis, all members of Senior Management voluntarily waived the whole of their 2020 AVR. Without prejudice to the foregoing, the third and final payment of the deferred portion of a success bonus on the sale of BBVA USA is due to one member of Senior Management — an executive of BBVA USA at that time. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2019 Deferred AVR: in 2025, the third and final payment was made. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">(3) The delivery of the stock options awarded as part of the 2023 Deferred AVR is part of the second payment of the Deferred STI, which is due after the 2025 year-end (in 2026). The delivery of the stock options awarded as part of the 2024 Deferred AVR is part of the second payment of the Deferred STI, which, if the relevant conditions are met, will be due after the 2026 year-end (in 2027). </span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:130%">Pension commitments with members of Senior Management </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In order to meet the pension commitments made to members of Senior Management (16 members as of December 31, 2025, excluding the executive directors), a total aggregate amount of €4,411 thousand was recognized in financial year 2025 for the contingency of retirement. This amount is equivalent to the annual contribution agreed to cover the contingency of retirement, plus a further amount of €139 thousand pertaining to the adjustment of the “discretionary pension benefits” for financial year 2024, which had to be included in the accumulated fund in 2025. In addition, an aggregate total amount of €1,115 thousand was paid in insurance premiums to cover the contingencies of death and disability.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As of December 31, 2025, the total accumulated fund to meet the retirement commitments with members of Senior Management amounted to €47,281 thousand.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">As in the case of executive directors, 15% of the annual contributions agreed to cover the contingency of retirement for members of Senior Management, will be based on variable components and will be considered “discretionary pension benefits”, and will therefore be subject to the conditions regarding delivery in shares, withholding, reduction and recovery established in the applicable regulations, as well as to any other conditions concerning variable remuneration that may be applicable to them in accordance with the remuneration policy applicable to members of Senior Management.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">For these purposes, of the annual contribution for the retirement contingency recognized in the 2025 financial year, a total amount of €625 thousand was recognized in 2025 as “discretionary pension benefits”. Following the end of the financial year, this amount was adjusted by applying the same criteria used to determine the Short-Term Incentive that is part of the Annual Variable Remuneration of the members of Senior Management for the 2025 financial year. As a result, the “discretionary pension benefits” for the year, corresponding to all members of Senior Management, have been calculated at a total combined amount of €747 thousand, which represents an upward adjustment of €122 thousand. These “discretionary pension benefits” will be included in the accumulated fund in the 2026 financial year, and will be subject to the conditions established for them in the remuneration policy applicable to members of Senior Management, in accordance with the regulations applicable to the Bank on this regard.</span></div><div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:27.511%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.486%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.122%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="background-color:#ffffff;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PENSION SYSTEMS (THOUSANDS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="3" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="15" style="background-color:#001391;border-bottom:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Contributions </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="display:none"></td><td colspan="6" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated funds</span></div></td></tr><tr style="height:12pt"><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Retirement</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Death and disability</span></div></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Senior Management Total</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,411</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,226</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,115</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,181</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47,281</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,549</span></div></td></tr></table><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Contributions recognized in financial years 2025 and 2024 to meet pension commitments with members of Senior Management with such position on December 31, 2025 and 2024 (16 members in both cases, excluding the executive directors), which relate to the sum of the annual retirement pension contributions and the adjustments made to the “discretionary pension benefits” for 2024 and 2023 which were included in the accumulated fund in 2025 and 2024, respectively, and to the insurance premiums paid by the Bank for death and disability contingencies.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-top:2pt;text-align:justify"><span style="color:#2b7bf4;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Payments for termination of the contractual relationship </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Regarding Senior Management, excluding the executive directors, in 2025 the contractual relationship of a member of Senior Management was terminated, giving rise to the right of a severance payment of €1,908 thousand. In this regard, the Senior Management contracts include, among others, the right to receive the severance payment that legally corresponds, provided that termination of the contractual relationship is not pursuant to the member's own will, retirement, disability or serious dereliction of duties, the amount of which will be calculated in accordance with the provisions in the applicable labor regulations. Likewise, the contract establishes a post-contractual non-compete agreement for a one-year term duration, which shall be compensated with an amount of €885 thousand which shall be paid on a monthly basis during the non-competition period.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">In 2024 there were no terminations of contractual relationships of members of Senior Management.</span></div>
<div style="padding-left:1.44pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.631%"><tr><td style="width:1.0%"></td><td style="width:25.482%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.791%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.791%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.354%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.354%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.354%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.354%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.354%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.354%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.354%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.358%"></td><td style="width:0.1%"></td></tr><tr><td colspan="33" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">REMUNERATION OF NON-EXECUTIVE DIRECTORS (THOUSANDS OF EUROS) </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:27pt"><td colspan="3" rowspan="2" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Board of Directors</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Executive Committee </span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Audit Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Risk and Compliance Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Remuneration Committee </span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Appointments and Corporate Governance Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Technology and Cybersecurity Committee</span></div></td><td colspan="3" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Other positions </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:3.9pt;font-weight:700;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(2)</span></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></div></td></tr><tr style="height:11pt"><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">José Miguel Andrés Torrecillas</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">165</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">115</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">625</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">625</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Jaime Caruana Lacorte</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">449</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">455</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Enrique Casanueva Nárdiz </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.22pt;font-weight:400;line-height:120%;position:relative;top:-2.27pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">302</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">223</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Sonia Dulá</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">302</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">302</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Raúl Galamba de Oliveira</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">214</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">80</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">512</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">512</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Belén Garijo López</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">167</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">342</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">378</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Connie Hedegaard Koksbang</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">195</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">195</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Lourdes Máiz Carro</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">238</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">238</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Cristina de Parias Halcón </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.22pt;font-weight:400;line-height:120%;position:relative;top:-2.27pt;vertical-align:baseline">(4)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">218</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">167</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Ana Peralta Moreno</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">66</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">238</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">238</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Ana Revenga Shanklin</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">386</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">364</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Carlos Salazar Lomelín </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:4.22pt;font-weight:400;line-height:120%;position:relative;top:-2.27pt;vertical-align:baseline">(5)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">172</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">172</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%">Jan Verplancke</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">129</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">214</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:120%">214</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Total </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(6)</span></div></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">1,673</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">500</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">497</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">642</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">278</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">301</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">171</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">130</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">4,193</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:1pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:7pt;font-weight:700;line-height:120%">4,083</span></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Includes the amounts corresponding to the positions on the Board of Directors and its various Committees, the composition of which was last modified on April 26, 2024.</span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Amounts corresponding to the positions of Deputy Chair of the Board of Directors and Lead Director.</span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(3) Director appointed by the General Shareholders´ Meeting held on March 15, 2024. Remuneration in 2024 corresponding to the term in office in that financial year. </span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(4) Director appointed by the General Shareholders´ Meeting held on March 15, 2024. Remuneration in 2024 corresponding to the term in office in that financial year. In addition, in 2025 and 2024, she received €30 thousand and 7,593 BBVA shares and €56 thousand and 14,697 BBVA shares, respectively, corresponding to the deferred portion of 2018 and 2019 annual variable remuneration accrued in her former condition of BBVA’s member of Senior Management, including the update of its cash portion. Likewise, in 2024, she received €72 thousand, as per diems for her attendance to the meetings of the management body of BBVA México, S.A. de C.V. and Grupo Financiero BBVA México, S.A. de C.V; positions from which she resigned in 2024.</span></div><div style="padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(5) In addition, in the financial years 2025 and 2024, the director Carlos Salazar Lomelín has received €171 thousand and €113 thousand, respectively, as per diems for his attendance to the meetings of the management body of BBVA México, S.A. de C.V. and Grupo Financiero BBVA México, S.A. de C.V. and of the strategy forum of BBVA México, S.A. de C.V. </span></div><div style="margin-bottom:6pt;padding-right:8.5pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(6) The total amount reported for the 2024 financial year does not include amounts corresponding to the positions on the Board and its various Committees received by José Maldonado Ramos and Juan Pi Llorens, who ceased to hold office on March 15, 2024, and whose remuneration for those items in 2024 amounted to €85 thousand and €81 thousand, respectively.</span></div>
129000
167000
165000
0
0
115000
0
50000
625000
625000
129000
167000
0
107000
0
46000
0
0
449000
455000
129000
0
66000
107000
0
0
0
0
302000
223000
129000
0
66000
107000
0
0
0
0
302000
302000
129000
0
0
214000
0
46000
43000
80000
512000
512000
129000
167000
0
0
0
46000
0
0
342000
378000
129000
0
66000
0
0
0
0
0
195000
195000
129000
0
66000
0
43000
0
0
0
238000
238000
129000
0
0
0
0
46000
43000
0
218000
167000
129000
0
66000
0
43000
0
0
0
238000
238000
129000
0
0
107000
107000
0
43000
0
386000
364000
129000
0
0
0
43000
0
0
0
172000
172000
129000
0
0
0
43000
0
43000
0
214000
214000
1673000
500000
497000
642000
278000
301000
171000
130000
4193000
4083000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">During financial years 2025 and 2024, the following theoretical shares derived from this system were allocated:</span></div><div style="margin-top:2pt;padding-left:13.5pt;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:31.158%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.590%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.590%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.781%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.590%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.591%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Theoretical shares allocated </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Theoretical shares accumulated as of December 31</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Theoretical shares allocated </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Theoretical shares accumulated as of December 31 </span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">José Miguel Andrés Torrecillas</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,930</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">158,385</span></div></td><td colspan="3" style="padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13,407</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">147,455</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jaime Caruana Lacorte</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,959</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">114,269</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,350</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">106,310</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Enrique Casanueva Nárdiz </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,894</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,894</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sonia Dulá</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,279</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,321</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,042</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,042</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Raúl Galamba de Oliveira</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,944</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">49,135</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,423</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,191</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Belén Garijo López</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,598</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117,191</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9,401</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">110,593</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Connie Hedegaard Koksbang</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,410</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10,587</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,914</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7,177</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Lourdes Máiz Carro</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,159</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,136</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,384</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">76,977</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cristina de Parias Halcón ⁽²⁾</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,915</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,915</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Ana Peralta Moreno</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,159</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51,872</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,384</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47,713</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Ana Revenga Shanklin</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,364</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37,525</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6,947</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31,161</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Carlos Salazar Lomelín</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,998</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,010</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,882</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21,012</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Jan Verplancke</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,747</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44,370</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,851</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,623</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71,356</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">705,610</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">79,985</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%">634,254</span></td></tr></table></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) The number of theoretical shares was calculated according to the average closing price of the BBVA share during the 60 trading sessions prior to the dates of the General Shareholders’ Meetings of March 21, 2025 and March 15, 2024 which were €11.45 and €8.84 per share, respectively.</span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(2) Directors appointed by the General Shareholders’ Meeting held on March 15, 2024, therefore the allocation of theoretical shares was made for the first time in 2025.</span></div><div><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(3) The total number of theoretical shares allocated during the 2024 financial year does not include 7,735 and 8,157 theoretical shares allocated to José Maldonado Ramos and Juan Pi Llorens, respectively, whose terms of office ended on March 15, 2024, and who after leaving office, in application of the system, received a total of 154,609 and 156,699 BBVA shares, respectively, which is equivalent to the total theoretical shares accumulated up to that date by each of them.</span></div>
10930
158385
13407
147455
7959
114269
11350
106310
3894
3894
0
0
5279
10321
5042
5042
8944
49135
10423
40191
6598
117191
9401
110593
3410
10587
3914
7177
4159
81136
5384
76977
2915
2915
0
0
4159
51872
5384
47713
6364
37525
6947
31161
2998
24010
3882
21012
3747
44370
4851
40623
71356
705610
79985
634254
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The remuneration of executive directors for financial years 2025 and 2024 indicated below, individually and by remuneration item, is the result of applying the BBVA Directors’ Remuneration Policies approved by the General Shareholders’ Meeting. </span></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:74.215%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.242%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.243%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ANNUAL FIXED REMUNERATION (THOUSANDS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chair</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,924</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,924</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chief Executive Officer</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,179</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,179</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,103</span></td><td colspan="3" style="background-color:#85c8ff;border-bottom:0.25pt solid #ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">5,103</span></td></tr></table></div>
2924000
2924000
2179000
2179000
5103000
5103000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">Taking into account the above, the Upfront Portion of the AVR for the financial years 2025 and 2024 of the executive directors, which is due for payment once each of said financial years has ended, in equal parts in cash and BBVA shares, is indicated below.</span></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:13.5pt;text-align:justify;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:35.225%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.449%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.449%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.909%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ANNUAL VARIABLE REMUNERATION (AVR)</span></div></td><td colspan="9" style="padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025 </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024 </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In cash<br/>(thousands of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In shares</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In cash<br/>(thousands of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In shares</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chair</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">821</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,850</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">897</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">92,803</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chief Executive Officer</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">614</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,552</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">671</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">69,408</span></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,435</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">71,402</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,568</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">162,211</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:14.00pt">(</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">1) Upfront Portion (36%) of the Annual Variable Remuneration, which represents the first payment of the Short-Term Incentive for financial year 2025 and will be paid during the first quarter of financial year 2026, in equal parts in cash and BBVA shares. The remaining amount of the 2025 Annual Variable Remuneration (which includes the Long-Term Incentive of the 2025 financial year) will be deferred over a 5-year period (40% in cash and 60% in shares and/or instruments linked to shares).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The final amount of the Deferred AVR will depend on the result of the long-term indicators to be used to calculate the Long-Term Incentive of the 2025 financial year. Likewise, and as an </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">ex post</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> risk adjustment mechanism, the Deferred AVR may be reduced if the capital and liquidity thresholds established to guarantee that payment occurs only if it is sustainable, in accordance with the Bank’s payment capacity, are not reached.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">(2) Upfront Portion (37%) of the Annual Variable Remuneration, which represents the first payment of the Short-Term Incentive for financial year 2024 and which was paid in 2025, in equal parts in cash and BBVA shares. The remaining amount of the 2024 Annual Variable Remuneration (which includes the Long-Term Incentive for the 2024 financial year) was deferred over a 5-year period (40% in cash and 60% in BBVA shares and/or instruments linked to shares).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The final amount of the Deferred AVR will depend on the result of the long-term indicators to be used to calculate the Long-Term Incentive of the 2024 financial year. Likewise, and as an </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">ex post</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> risk adjustment mechanism, the Deferred AVR may be reduced if the capital and liquidity thresholds established to guarantee that payment occurs only if it is sustainable, in accordance with the Bank’s payment capacity, are not reached.</span></div>
821000
40850000
897000
92803000
614000
30552000
671000
69408000
1435000
71402000
1568000
162211000
<div style="margin-bottom:12pt;margin-top:6pt;padding-left:13.5pt;text-align:justify;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:20.078%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.613%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.242%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.101%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.803%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.861%"></td><td style="width:0.1%"></td></tr><tr><td colspan="30" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEFERRED ANNUAL VARIABLE REMUNERATION (AVR) FROM PREVIOUS FINANCIAL YEARS</span></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deferred</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">AVR</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In cash</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(thousands of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In shares</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In stock-options </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In cash</span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(thousands of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In shares</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In stock-options </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td></tr><tr style="height:12pt"><td colspan="3" rowspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chair</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">222</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33,410</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11,862</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">189,609 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">221</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38,821 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2022</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">243</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,941</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56,941 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2021</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">235</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,325</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">228</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">57,325 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2020</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2019</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">181</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45,529 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr><td colspan="6" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">927</span></td><td colspan="2" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">159,538</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">189,609</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">867</span></td><td colspan="2" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">198,616</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chief Executive Officer</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">166</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24,987</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">170</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,872</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">141,809 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">166 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,034 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2022</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">187</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,793</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">181 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,793 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2021</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">179</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,552</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">173 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43,552 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2020</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2019</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">163 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,858 </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr><td colspan="6" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Subtotal</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">701</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">121,204</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">141,809</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">683</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">157,237</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr><tr><td colspan="6" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,629</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">280,742</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">331,418</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,550</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="background-color:#85c8ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">355,853</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#85c8ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">(1) Deferred remuneration payable after the 2025 year-end, including the update of its cash portion. Payment to the Chair and Chief Executive Officer will take place in 2026 in accordance with the vesting and payment rules set out in the remuneration policies applicable for each financial year:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2024 Deferred AVR: the first payment of the Deferred STI (17.9% of the Deferred Portion) is due to the executive directors. Thereafter, the second payment of the Deferred STI (17.9% of the Deferred Portion) and 2024 LTI (64.2% of the Deferred Portion), will be deferred for both executive directors. The 2024 LTI will depend on the result of the long-term indicators approved for its calculation once its measurement period has elapsed (at the end of 2027), which may range between an achievement of 0% to 150%. If the relevant conditions are met, the second payment of the Deferred STI will be made in 2027 and the three payments of the 2024 LTI will be made in 2028, 2029 and 2030.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2023 Deferred AVR: the second payment of the Deferred STI (17.9% of the Deferred Portion) is due to the executive directors. Thereafter, 2023 LTI (64.2% of the Deferred Portion), will be deferred for both executive directors. The 2023 LTI will depend on the result of the long-term indicators approved for its calculation once its measurement period has elapsed (at the end of 2026), which may range between an achievement of 0% to 150%. If the relevant conditions are met, the three payments of the 2023 LTI will be made in 2027, 2028 and 2029.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2022 Deferred AVR: the third payment (20% of the Deferred Portion) is due to executive directors, after having verified that no reduction had to be made according to the result of the multi-year performance indicators approved in 2022 by the Board of Directors. Thereafter, 40% of the 2022 Deferred AVR will be deferred for both executive directors, which, if the relevant conditions are met, will be paid in 2027 and 2028. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2021 Deferred AVR: the fourth payment (20% of the Deferred Portion) is due to executive directors. Thereafter, 20% of the 2021 Deferred AVR will be deferred for both executive directors, which, if the relevant conditions are met, will be paid in 2027.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2020 Deferred AVR: given the exceptional circumstances arising from the COVID-19 crisis, executive directors voluntarily waived the whole of their 2020 AVR. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">(2) Deferred remuneration which was payable after the 2024 year-end, including the update of its cash portion. Its payment to the Chair and Chief Executive Officer took place in 2025, in accordance with the vesting and payment rules established in the remuneration policies applicable in each financial year:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2023 Deferred AVR: in 2025, the first payment of the Deferred STI (17.9% of the Deferred Portion) was made to executive directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2022 Deferred AVR: in 2025, the second payment (20% of the Deferred Portion) was made to executive directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2021 Deferred AVR: in 2025, the third payment (20% of the Deferred Portion) was made to executive directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2020 Deferred AVR: given the exceptional circumstances arising from the COVID-19 crisis, executive directors voluntarily waived the whole of their 2020 AVR.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2019 Deferred AVR: in 2025, the third and final payment (20% of the Deferred Portion) was made to executive directors. Following this, the payment of the 2019 Deferred AVR to both executive directors was completed. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">(3) The delivery of the stock options awarded as part of the 2023 Deferred AVR is part of the second payment of the 2023 Deferred STI, which is due after the 2025 year-end (in 2026). The delivery of the stock options awarded as part of the 2024 Deferred AVR is part of the second payment of the Deferred STI, which, if the relevant conditions are met, will be due after the 2026 year-end (in 2027).</span></div>
222000
33410
0
0
0
0
228000
11862
189609
221000
38821
0
243000
56941
0
236000
56941
0
235000
57325
0
228000
57325
0
0
0
0
0
0
0
0
0
0
181000
45529
0
927000
159538
189609
867000
198616
0
166000
24987
0
0
0
0
170000
8872
141809
166000
29034
0
187000
43793
0
181000
43793
0
179000
43552
0
173000
43552
0
0
0
0
0
0
0
0
0
0
163000
40858
0
701000
121204000
141809000
683000
157237
0
1629000
280742000
331418000
1550000
355853
0
<div style="padding-left:13.5pt;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:27.651%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.486%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.122%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="background-color:#ffffff;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PENSION SYSTEMS (THOUSANDS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="3" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="15" style="background-color:#001391;border-bottom:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Contributions </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="display:none"></td><td colspan="6" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:middle"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated funds</span></div></td></tr><tr style="height:12pt"><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Retirement</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Death and disability</span></div></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chair</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">456</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">456</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">236</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">252</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">29,821</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26,893</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Chief Executive Officer</span></div></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"></div></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">220 </span></div></td><td style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">221 </span></div></td><td style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="background-color:#ffffff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td></tr><tr><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">456</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">456</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">457</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">472</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">29,821</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">26,893</span></td></tr></table></div>(1) Contributions recognized to meet the pension commitments with the executive directors in financial years 2025 and 2024. In the case of the Chair, these relate to the sum of the annual retirement pension contribution and the adjustment made to the “discretionary pension benefits” for the financial years 2024 and 2023, the contribution of which to the accumulated fund was to be made in the financial years 2025 and 2024, respectively, as well as to the premiums for the death and disability contingencies. In the case of the Chief Executive Officer, the contributions recognized correspond exclusively to the insurance premiums paid by the Bank in 2025 and 2024 to cover the death and disability contingencies given that, in his case, the Bank has not undertaken any commitments to cover the contingency of retirement.
456000
456000
236000
252000
29821000
26893000
0
0
220000
221000
0
456000
456000
457000
472000
29821000
26893000
<div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The remuneration of Senior Management, excluding executive directors, for financial years 2025 and 2024 (16 members with this position as of December 31, 2025 and 2024) as indicated below, broken down by remuneration item, are the result of applying the BBVA Group’s General Remuneration Policy approved by the Board of Directors. </span></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:74.215%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.242%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.243%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">FIXED REMUNERATION (THOUSANDS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Senior Management Total</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20,787</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">19,928</span></div></td></tr></table></div>
20787000
19928000
<div style="margin-bottom:3pt;margin-top:6pt;padding-left:13.5pt;text-align:justify;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:34.243%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.870%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.907%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.870%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.909%"></td><td style="width:0.1%"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;text-indent:1.44pt;vertical-align:middle"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ANNUAL VARIABLE REMUNERATION (AVR)</span></div></td><td colspan="9" style="padding:0 1pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;text-indent:1.44pt"></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025 </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="6" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024 </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In cash </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(thousands of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In shares</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In cash </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(thousands of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In shares</span></div></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:14.00pt">Senior Management Total</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,281</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">112,500</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,266</span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">235,016</span></div></td></tr></table></div><div style="margin-bottom:3pt;margin-top:6pt;text-align:justify;text-indent:-0.01pt"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">(1) Upfront Portion of the Annual Variable Remuneration, which represents the first payment of the 2025 Short-Term Incentive and will be paid during the first quarter of 2026 financial year, in equal parts in cash and BBVA shares. The remaining amount of the 2025 Annual Variable Remuneration (which includes the 2025 Long-Term Incentive) will be deferred over a 5-year period (40% in cash and 60% in shares and/or instruments linked to shares).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The final amount of the Deferred AVR will depend on the result of the long-term indicators to be used to calculate the 2025 Long-Term Incentive. Likewise, and as an </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">ex post</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> risk adjustment mechanism, the Deferred AVR may be reduced if the capital and liquidity thresholds established to guarantee that payment occurs only if it is sustainable, in accordance with the Bank’s payment capacity, are not reached.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">(2) Upfront Portion of the Annual Variable Remuneration, which represents the first payment of the Short-Term Incentive for financial year 2024 and which was paid in 2025, in equal parts in cash and BBVA shares. The remaining amount of the 2024 Annual Variable Remuneration (which includes the 2024 Long-Term Incentive) was deferred over a 5-year period (40% in cash and 60% in shares and/or instruments linked to shares). The final amount of the Deferred AVR will depend on the result of the long-term indicators to be used to calculate the 2024 Long-Term Incentive. Likewise, and as an </span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:14.00pt">ex post</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt"> risk adjustment mechanism, the Deferred AVR may be reduced if the capital and liquidity thresholds established to guarantee that payment occurs only if it is sustainable, in accordance with the Bank’s payment capacity, are not reached.</span></div>
2281000
112500000
2266000
235016000
<div style="margin-bottom:12pt;margin-top:6pt;padding-left:13.5pt;text-align:justify;text-indent:-13.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:14.748%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.681%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.821%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.361%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.223%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.979%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.984%"></td><td style="width:0.1%"></td></tr><tr><td colspan="27" style="padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">DEFERRED ANNUAL VARIABLE REMUNERATION (AVR) FROM PREVIOUS FINANCIAL YEARS </span></div></td><td colspan="3" style="padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr style="height:9pt"><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #001391;padding:0 1pt 0 2.44pt;text-indent:1.44pt"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="9" style="background-color:#001391;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline"> (2)</span></div></td></tr><tr><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Deferred AVR</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In cash </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(thousands of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In shares </span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In stock-options </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="background-color:#001391;padding:0 1.72pt 0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In cash </span></div><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(thousands of Euros)</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1.72pt 2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-right:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In shares</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;padding-left:0.72pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">In stock-options </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td></tr><tr style="height:12pt"><td colspan="3" rowspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Senior Management Total</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2024</span></div></td><td colspan="3" style="padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">534</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">81,445</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2023</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">549</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">30,492</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">444,545</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">574</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">98,636</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2022</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">501</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">117,265</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">526</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">125,129</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2021</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">469</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">112,536</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">488</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">119,207</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2020</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,340</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,340</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="border-bottom:0.5pt solid #e2e6ea;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2019</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt;text-indent:-0.72pt"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">314</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">77,447</span></div></td><td colspan="3" style="border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—</span></div></td></tr><tr><td colspan="6" style="background-color:#85c8ff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2,104</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">356,078</span></td><td colspan="3" style="background-color:#85c8ff;border-top:0.5pt solid #e2e6ea;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">444,545</span></td><td colspan="3" style="background-color:#85c8ff;padding:0 1pt"></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">1,957</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">434,759</span></td><td colspan="3" style="background-color:#85c8ff;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">—</span></td></tr></table></div><div style="margin-bottom:12pt;margin-top:6pt;padding-left:1.44pt;text-align:justify"><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:14.00pt">(</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">1) Deferred remuneration payable after 2025 year-end, including the update of its cash portion. Payment thereof to members of Senior Management who are beneficiaries will take place in 2026 in accordance with the remuneration policies applicable in each financial year and the vesting and payment rules set forth therein applicable to each member of Senior Management, based on when they became such a member: </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span><br/></span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2024 Deferred AVR: the first payment of the Deferred STI is due.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2023 Deferred AVR: the second payment of the Deferred STI is due.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2022 Deferred AVR: the third payment of the Deferred STI is due, after having verified that no reduction had to be made according to the result of the multi-year performance indicators approved in 2022 by the Board of Directors.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2021 Deferred AVR: the fourth payment is due.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2020 Deferred AVR: given the exceptional circumstances arising from the COVID-19 crisis, all members of Senior Management voluntarily waived the whole of their 2020 AVR. Without prejudice to the foregoing, the third and final payment of the deferred portion of a success bonus on the sale of BBVA USA is due to one member of Senior Management, who was an executive of BBVA USA at that time.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">(2) Deferred remuneration which was payable after the 2024 year-end, including the update of its cash portion. Payment thereof to members of Senior Management who were beneficiaries took place in 2025 in accordance with the vesting and payment rules set forth in the remuneration policies applicable in each financial year:</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2023 Deferred AVR: in 2025, the first payment of the Deferred STI was made.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2022 Deferred AVR: in 2025, the second payment was made.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2021 Deferred AVR: in 2025, the third payment was made.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2020 Deferred AVR: given the exceptional circumstances arising from the COVID-19 crisis, all members of Senior Management voluntarily waived the whole of their 2020 AVR. Without prejudice to the foregoing, the third and final payment of the deferred portion of a success bonus on the sale of BBVA USA is due to one member of Senior Management — an executive of BBVA USA at that time. </span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">•</span><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt;padding-left:31.84pt">2019 Deferred AVR: in 2025, the third and final payment was made. </span></div>(3) The delivery of the stock options awarded as part of the 2023 Deferred AVR is part of the second payment of the Deferred STI, which is due after the 2025 year-end (in 2026). The delivery of the stock options awarded as part of the 2024 Deferred AVR is part of the second payment of the Deferred STI, which, if the relevant conditions are met, will be due after the 2026 year-end (in 2027).
534000
81445
0
0
0
0
549000
30492
444545
574000
98636
0
501000
117265
0
526000
125129
0
469000
112536
0
488000
119207
0
51000
14340
0
56000
14340
0
0
0
0
314000
77447
0
2104000
356078
444545
1957000
434759
0
<div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.912%"><tr><td style="width:1.0%"></td><td style="width:27.511%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.501%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.486%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:10.120%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.122%"></td><td style="width:0.1%"></td></tr><tr><td colspan="24" style="background-color:#ffffff;padding:2px 1pt 2px 2.44pt;text-align:left;text-indent:1.44pt;vertical-align:top"><div style="margin-bottom:0.1pt;margin-top:0.1pt;padding-left:1.44pt;text-indent:1.44pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">PENSION SYSTEMS (THOUSANDS OF EUROS)</span></div></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #001391;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="3" style="background-color:#001391;padding:0 1pt"><div style="margin-bottom:0.1pt"></div></td><td colspan="15" style="background-color:#001391;border-bottom:0.5pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Contributions </span><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="display:none"></td><td colspan="6" rowspan="2" style="background-color:#001391;padding:2px 1pt;text-align:center;vertical-align:middle"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:center"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Accumulated funds</span></div></td></tr><tr style="height:12pt"><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Retirement</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt"></div></td><td colspan="6" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:center;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:center;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Death and disability</span></div></td><td colspan="3" style="display:none"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></div></td><td colspan="3" style="background-color:#001391;border-top:0.5pt solid #ffffff;padding:2px 1pt;text-align:right;text-indent:-0.72pt;vertical-align:bottom"><div style="margin-bottom:0.04pt;margin-top:0.06pt;text-align:right;text-indent:-0.72pt"><span style="color:#ffffff;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Senior Management Total</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,411</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,226</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,115</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,181</span></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47,281</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:0.05pt;margin-top:0.05pt;text-align:right"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%">40,549</span></div></td></tr></table><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:130%"> </span><span style="color:#46536d;font-family:'BBVA Benton Sans Book',sans-serif;font-size:7pt;font-weight:400;line-height:130%">(1) Contributions recognized in financial years 2025 and 2024 to meet pension commitments with members of Senior Management with such position on December 31, 2025 and 2024 (16 members in both cases, excluding the executive directors), which relate to the sum of the annual retirement pension contributions and the adjustments made to the “discretionary pension benefits” for 2024 and 2023 which were included in the accumulated fund in 2025 and 2024, respectively, and to the insurance premiums paid by the Bank for death and disability contingencies.</span></div>
4411000
4226000
1115000
1181000
47281000
40549000
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:130%;padding-left:12.45pt">Other information</span><div style="margin-bottom:10pt;margin-top:30pt"><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%">55.1</span><span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:120%;padding-left:9.15pt">Environmental impact</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">The Group has no environmental liabilities, expenses, assets, provisions or contingencies that could have a significant effect on its consolidated equity, financial situation and profits. Consequently, as of December 31, 2025, there is no item included in the Consolidated Financial Statements that requires disclosure in an environmental information report pursuant to Ministry JUS/616/2022, of June 30, by which the new model for the presentation of consolidated annual accounts in the Commercial Register is approved.</span></div>
<span style="color:#001391;font-family:'BBVA Benton Sans Medium',sans-serif;font-size:14pt;font-weight:700;line-height:130%;padding-left:11.85pt">Subsequent events</span><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On January 15, 2026, once the prior consent from the Regulator had been obtained, the Bank redeemed the issuance of green contingently convertible preferred securities carried out on July 15, 2020, for an amount of €1 billion, on the First Reset Date of said issuance (see Note 22.4).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">On February 5, 2026, BBVA announced by means of an inside information notice filing with the CNMV that a cash distribution in the amount of €0.60 gross (€0.4860 net of withholding tax) per each of the outstanding shares entitled to receive said distribution, to be paid presumably in April 2026 as the final dividend for the year 2025, was planned to be proposed to the corresponding governing bodies for consideration as ordinary remuneration to shareholders for 2025 (see Note 4).</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'BBVA Benton Sans Book',sans-serif;font-size:9pt;font-weight:400;line-height:14.00pt">From January 1, 2026 to the date of preparation of these Consolidated Financial Statements, no subsequent events not mentioned in these Consolidated Financial Statements have taken place that could significantly affect the Group’s earnings or its equity position.</span></div>
859576000000
(1) Balances as of December 31, 2024 as originally reported in the Consolidated Financial Statements for the year 2024.
(1) Balances as of December 31, 2023 as originally reported in the Consolidated Financial Statements for the year 2023.
(1) Balances as of December 31, 2022 as originally reported in the Consolidated Financial Statements for the year 2022.
(2) Effects of the application of IFRS 17 (see Note 2.2.8).
(1) In the event that the maximum number of new shares authorized by the Board to satisfy the offer price in the public takeover bid made on Banco de Sabadell, S.A. were issued, which was rendered ineffective on October 16, 2025.
(1) Remuneration in the year related to perpetual contingent convertible securities, recognized in equity (see Note 22.4).(2
(2) For the calculation of earnings per share, the average number of shares in a year takes into account the redemptions made in such year related to the share buyback programs (see Note 4).
(1) In the first quarter of 2025 certain immaterial balance sheet amounts related to specific activities undertaken by the business units were reallocated between the operating segments and the Corporate Center. As a result, certain expenses were reallocated, in particular, between Spain, Rest of Business and the Corporate Center. In order to make the period-on-period comparison homogeneous, the figures for the years 2024 and 2023 have been revised, which has not affected the consolidated financial information of the Group.
(1) In the first quarter of 2025 certain immaterial balance sheet amounts related to specific activities undertaken by the business units were reallocated between the operating segments and the Corporate Center. As a result, certain expenses were reallocated, in particular, between Spain, Rest of Business and the Corporate Center. In order to make the period-on-period comparison homogeneous, the figures for the years 2024 and 2023 have been revised, which has not affected the consolidated financial information of the Group.
(1) Spain includes all countries where BBVA, S.A. operates.
(2) Turkey includes all countries in which Garanti BBVA operates.
(3) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.
(4) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2025, the remaining balance was €76 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the relevant instruments or value corrections are made when the losses materialize.
(1) Spain includes all countries where BBVA, S.A. operates.
(2) Turkey includes all countries in which Garanti BBVA operates.
(3) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.
(4) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2024 the remaining balance was €107 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the relevant instruments or value corrections are made when the losses materialize.
(1) Spain includes all countries where BBVA, S.A. operates.
(2) Turkey includes all countries in which Garanti BBVA operates.
(3) In South America, BBVA Group operates mainly in Argentina, Colombia, Peru and Uruguay.
(4) The amount of the accumulated allowances includes the provisions recorded for credit risk over the remaining expected lifetime of purchased financial instruments. Those provisions were determined at the moment of the Purchase Price Allocation and were originated mainly in the acquisition of Catalunya Banc S.A. (as of December 31, 2023 the remaining balance was €142 million). These valuation adjustments are recognized in the consolidated income statement during the residual life of the operations or are applied to the value corrections when the losses materialize.
(1) Reflects the total amount of impaired loans and advances derecognized from the consolidated balance sheet throughout the period as a result of monetary recoveries as well as mortgage foreclosures and real estate assets received in lieu of payment.
(1) Includes principal and interest.
(1) Percentage of "12 months" net interest income for the BBVA Group.
(2) Percentage of CET1 December 2025 (Fully Loaded) for BBVA Group
(1) Percentage of "12 months" net interest income for the BBVA Group.
(2) Percentage of CET1 December 2024 (Fully Loaded) for BBVA Group.
(1) The maximum and minimum VaR figures show the VaR figures for the day on which said maximum and minimum VaRs occurred in the relevant year, by type of risk.
(2) The diversification effect is the difference between the sum of the average individual risk factors and the total VaR figure that includes the implied correlation between all the variables and scenarios used in the measurement.
(1) It corresponds to the aggregation of the net amounts presented in the balance sheet, less the gross amount which is not offset in the balance sheet, corresponding to each Group entity that records a deficit in this regard.
(1) Profit or loss that is attributable to gains or losses relating to those financial assets and liabilities held as of December 31, 2025, 2024 and 2023. Valuation adjustments are recorded under the heading “Gains (losses) on financial assets and liabilities (net)”.
(1) Financial instruments whose book value is presented as an approximation to their fair value, mainly short-term financial instruments.
(1) Financial instruments whose book value is presented as an approximation to their fair value, mainly short-term financial instruments.
(1) Financial instruments whose book value is presented as an approximation to their fair value, mainly short-term financial instruments.
(1) The variation is mainly due to the evolution of the balances held in the Bank of Spain.
(1) The variation is mainly due to the evolution of "Reverse repurchase agreements" of BBVA, S.A. partially offset by the evolution of "Repurchase agreements" principally of BBVA, S.A.
(1) During financial years 2025, 2024 and 2023, there have been no significant reclassifications from the heading “Financial assets at fair value through other comprehensive income” to other headings or from other headings to “Financial assets at fair value through other comprehensive income”.
(1) See Note 16.3.
(1) After tax discount rates.
(1) The use of very different discount or growth rates would be inconsistent with the macroeconomic assumptions under which the Unit builds its business plan, such as inflation assumptions or interest rate curves used to determine cash flows.
(1) Calculated by applying the difference between the tax rate in force in Spain and the one applied to the Group’s earnings in each jurisdiction.(
(2) With regard to the 2025 financial year, it includes the net impact of several tax effects comprising, among others, (i) the recording of the impact of IMIC for 2025, as indicated in Note 19.6 below, (ii) the recognition of certain deferred tax assets corresponding to the Group in Spain that were not previously registered in the financial statements, as referred to in Note 19.5 below, (iii) the positive effect of the result of the closure of the inspection process of the Group in Spain for the financial years 2017 to 2020, and the consequent reassessment of the needs for covering tax risks, as indicated in Note 19.2 above, and (iv) the effects of the limitation of the tax exemption on intragroup dividends and the withholding taxes associated with them. On the other hand, regarding 2024, it shows the net impact of several tax effects that include, among others, (i) the accounting record of the impact associated with the declaration of unconstitutionality of certain measures relating to the Spanish Corporate Income Tax introduced by Royal Decree-Law 3/2016, as well as the impact of some of the measures introduced by Law 7/2024 on Corporate Income Tax that, in particular, are aimed at reinstating the measures declared unconstitutional, (ii) the non-deductibility of the temporary taxation of credit institutions recorded for accounting purposes in the year 2024 (see Note 19.6), and (iii) the effects of the limitation of the exemption on intra-group dividends and the withholding taxes associated with them.
(1) In 2025, 4,598 million and 502 million corresponded to current tax expenses and deferred tax expenses, respectively. In 2024, €3,970 million and €860 million corresponded to current tax expenses and deferred tax expenses, respectively.
(1)The decrease in current tax assets in 2025 compared to 2024 is due, among other things, to a lower Mexican tax receivable related to corporate income tax, as the installment payments made in 2024 were particularly high. The increase in current tax liabilities in 2025 compared to 2024 is mainly due to the Spanish Interest Margin and Commission Tax (IMIC) for the 2025 financial year, as well as the increase in the Mexican tax liability related to the estimated corporate income tax for the 2025 financial year.On the other hand, the increase in current tax assets in 2024 compared to 2023 corresponds mainly to a higher tax receivable of the tax group in Spain, as well as in Mexico and Colombia, in relation to the Corporate Income Tax for the year 2024 related to the installment payments made in the year. On the other hand, the decrease in current tax liabilities in 2024 compared to 2023, corresponds mainly to the decrease in the tax payable in Mexico and Argentina in relation to the estimated income tax for the year 2023.
(1) The variation in 2024 corresponded mainly to the acquisition of land plots from the Group's real estate company Crea Madrid Nuevo Norte, S.A. in relation to an urban planning operation in the city of Madrid.
(1) The variation is mainly due to sales of properties by the companies Tree Inversiones Inmobiliarias, SOCIMI, S.A. and Banco Bilbao Vizcaya Argentaria, S.A.
(2) Corresponds to the accumulated depreciation of assets before their classification as "Non-current assets and disposal groups classified as held for sale".
(1) Net of accumulated amortization until assets were reclassified as “Non-current assets and disposal groups classified as held for sale”
(1) Subordinated deposits are included amounting to €104 million, €48 million and €35 million as of December 31, 2025, 2024 and 2023, respectively.
(1) The balances corresponding to subordinated deposits under this heading were not significant in any of the years presented.
(1) Corresponds to structured note issuances with embedded derivatives that have been segregated according to IFRS 9.
(1) In 2025, this caption includes the amount pending execution as of December 31, 2025, corresponding to the firm commitment for the acquisition of own shares derived from the execution of the first tranche of the share buyback program announced on December 19, 2025 and started to be carried out on December 22, 2025 (see Notes 2.2.11 and 4).
(1) Provides coverage in the event of death, disability and serious illness.
(2) The insurance policies purchased by employers (other than BBVA Group) on behalf of their employees.
(1) It includes commitments undertaken under the collective layoff procedure that was carried out at Banco Bilbao Vizcaya Argentaria, S.A. in 2021.
(2) Individually non-significant provisions for various concepts and corresponding to different geographical areas.
(1) Correspond to actuarial losses (gains) arising from certain post-employment defined-benefit commitments for pensions recognized in “Equity” (see Note 2.2.13).
(1) In Turkey, the foundation responsible for managing the benefit commitments holds an additional asset of €237 million as of December 31, 2025 which, in accordance with IFRS regarding the asset ceiling, has not been recognized in the Consolidated Financial Statements, because although it could be used to reduce future pension contributions it could not be immediately refunded to the employer. As of December 31, 2024 and 2023, this amount amounted to €123 million and €153 million, respectively.
(2) Recorded under the heading “Other Assets - Other” of the consolidated balance sheet (see Note 20).
(3) Recorded under the heading “Provisions - Provisions for pensions and similar obligations” of the consolidated balance sheet.
(1) Actuarial losses (gains) on remeasurement of the net defined benefit liability relating to early retirements in Spain and other long-term employee benefits that are charged to the income statements (see Note 2.2.13).
(1) Including gains and losses arising from settlements
(2) Excluding interest, which is recorded under "Interest income or expense".
(1) Including gains and losses arising from settlements.
(2) Excluding interest, which is recorded under "Interest income or expense".
(1) Includes gains and losses from settlements.
(2) Excludes interest which is reflected in the line item “Interest income and expense”.
(1) Including gains and losses arising from settlements.
(2) Excluding interest, which is recorded under "Interest income or expense".
(1) Includes balances corresponding to Sociedades inmobiliarias CX, Anida Grupo Inmobiliario and Sociedades inmobiliarias Unnim.
) Other adjustments and deductions include, among others, the adjustment for non-computable minority interests, the amount of dividends pending distribution and, in 2025, the amount corresponding to the maximum limit authorized by the ECB for the repurchase of BBVA's own shares (excluding the amount corresponding to the shares already acquired as of December 31, 2025).
(2) Calculated based on total minimum capital requirements applicable in each period.
(1) It includes the amount of the share buyback program not recognized for accounting purposes.
(3) As of December 31, 2023, the amount of the share buyback program for the year 2023, considered as a dividend approved by the General Shareholders' Meetings, was deducted.
(1) Non-performing financial guarantees given amounted to €497 million, €631 million and €865 million, respectively, as of December 31, 2025, 2024 and 2023
(1) Includes interest on demand deposits at central banks and credit institutions.
(1) Dividend income corresponds mainly to investments held at the end of the year.
(1) Points of Sale.
(1) Points of Sale.
(1) In 2025 and 2024, no contributions were made to the European Single Resolution Fund (SRF) since the constitution phase of the fund has been completed. Likewise, the Deposits Guarantee Fund of Credit Institutions in Spain reached in 2023 the minimum coverage level established by the European Regulation with respect to covered deposits, so no additional contributions were necessary for this purpose during 2025 and 2024.
(2) For the years ended December 31, 2025, 2024 and 2023 it includes €356 million, €1,419 million and €1,062 million related to Argentina; €204 million, €348 million and €916 million related to Turkey; and €183 million, €9 million and €28 million related to Venezuela, respectively (see Note 2.2.18).
(3) For the year ended December 2024 and 2023, it includes €285 million and €215 million, respectively, corresponding to the total annual amount disbursed under the temporary tax on credit institutions and financial credit establishments, according to Law 38/2022 of December 27, 2022.
(1) The year-on-year variation is mainly explained by the recognition of a lower expense corresponding to the value added tax in BBVA, S.A., during the first half of 2025 as a result of the upward re-estimation of its pro-rata portion applied both to previous years and to financial year 2025 (see Note 19).
(1) There were €104 million, €56 million and €35 million of subordinated deposits as of December 31, 2025, 2024 and 2023, respectively (see Note 22.4). In addition, there were coupon payments on subordinated liabilities for €397 million, €388 million and €345 million in 2025, 2024 and 2023, respectively. Appendix VI details the outstanding subordinated debt issued by their nominal value.
(1) Regardless of the billed year.
(2) Including fees pertaining to annual audits and other financial statements (€26.7 million as of December 31, 2025).
(1) Services provided by Ernst & Young, S.L. to companies located in Spain, to the branch of BBVA in New York, the branch of BBVA in London and the branch of BBVA in Frankfurt.
(1) Excluding executive directors.
(1) Includes the amounts corresponding to the positions on the Board of Directors and its various Committees, the composition of which was last modified on April 26, 2024.
(2) Amounts corresponding to the positions of Deputy Chair of the Board of Directors and Lead Director.
(3) Director appointed by the General Shareholders´ Meeting held on March 15, 2024. Remuneration in 2024 corresponding to the term in office in that financial year.
(4) Director appointed by the General Shareholders´ Meeting held on March 15, 2024. Remuneration in 2024 corresponding to the term in office in that financial year. In addition, in 2025 and 2024, she received €30 thousand and 7,593 BBVA shares and €56 thousand and 14,697 BBVA shares, respectively, corresponding to the deferred portion of 2018 and 2019 annual variable remuneration accrued in her former condition of BBVA’s member of Senior Management, including the update of its cash portion. Likewise, in 2024, she received €72 thousand, as per diems for her attendance to the meetings of the management body of BBVA México, S.A. de C.V. and Grupo Financiero BBVA México, S.A. de C.V; positions from which she resigned in 2024.
(5) In addition, in the financial years 2025 and 2024, the director Carlos Salazar Lomelín has received €171 thousand and €113 thousand, respectively, as per diems for his attendance to the meetings of the management body of BBVA México, S.A. de C.V. and Grupo Financiero BBVA México, S.A. de C.V. and of the strategy forum of BBVA México, S.A. de C.V.
(6) The total amount reported for the 2024 financial year does not include amounts corresponding to the positions on the Board and its various Committees received by José Maldonado Ramos and Juan Pi Llorens, who ceased to hold office on March 15, 2024, and whose remuneration for those items in 2024 amounted to €85 thousand and €81 thousand, respectively.
(1) The number of theoretical shares was calculated according to the average closing price of the BBVA share during the 60 trading sessions prior to the dates of the General Shareholders’ Meetings of March 21, 2025 and March 15, 2024 which were €11.45 and €8.84 per share, respectively.
(2) Directors appointed by the General Shareholders’ Meeting held on March 15, 2024, therefore the allocation of theoretical shares was made for the first time in 2025.
(3) The total number of theoretical shares allocated during the 2024 financial year does not include 7,735 and 8,157 theoretical shares allocated to José Maldonado Ramos and Juan Pi Llorens, respectively, whose terms of office ended on March 15, 2024, and who after leaving office, in application of the system, received a total of 154,609 and 156,699 BBVA shares, respectively, which is equivalent to the total theoretical shares accumulated up to that date by each of them.
(1) Upfront Portion (36%) of the Annual Variable Remuneration, which represents the first payment of the Short-Term Incentive for financial year 2025 and will be paid during the first quarter of financial year 2026, in equal parts in cash and BBVA shares. The remaining amount of the 2025 Annual Variable Remuneration (which includes the Long-Term Incentive of the 2025 financial year) will be deferred over a 5-year period (40% in cash and 60% in shares and/or instruments linked to shares).The final amount of the Deferred AVR will depend on the result of the long-term indicators to be used to calculate the Long-Term Incentive of the 2025 financial year. Likewise, and as an ex post risk adjustment mechanism, the Deferred AVR may be reduced if the capital and liquidity thresholds established to guarantee that payment occurs only if it is sustainable, in accordance with the Bank’s payment capacity, are not reached.
(2) Upfront Portion (37%) of the Annual Variable Remuneration, which represents the first payment of the Short-Term Incentive for financial year 2024 and which was paid in 2025, in equal parts in cash and BBVA shares. The remaining amount of the 2024 Annual Variable Remuneration (which includes the Long-Term Incentive for the 2024 financial year) was deferred over a 5-year period (40% in cash and 60% in BBVA shares and/or instruments linked to shares).The final amount of the Deferred AVR will depend on the result of the long-term indicators to be used to calculate the Long-Term Incentive of the 2024 financial year. Likewise, and as an ex post risk adjustment mechanism, the Deferred AVR may be reduced if the capital and liquidity thresholds established to guarantee that payment occurs only if it is sustainable, in accordance with the Bank’s payment capacity, are not reached.
(1) Deferred remuneration payable after the 2025 year-end, including the update of its cash portion. Payment to the Chair and Chief Executive Officer will take place in 2026 in accordance with the vesting and payment rules set out in the remuneration policies applicable for each financial year:•2024 Deferred AVR: the first payment of the Deferred STI (17.9% of the Deferred Portion) is due to the executive directors. Thereafter, the second payment of the Deferred STI (17.9% of the Deferred Portion) and 2024 LTI (64.2% of the Deferred Portion), will be deferred for both executive directors. The 2024 LTI will depend on the result of the long-term indicators approved for its calculation once its measurement period has elapsed (at the end of 2027), which may range between an achievement of 0% to 150%. If the relevant conditions are met, the second payment of the Deferred STI will be made in 2027 and the three payments of the 2024 LTI will be made in 2028, 2029 and 2030.•2023 Deferred AVR: the second payment of the Deferred STI (17.9% of the Deferred Portion) is due to the executive directors. Thereafter, 2023 LTI (64.2% of the Deferred Portion), will be deferred for both executive directors. The 2023 LTI will depend on the result of the long-term indicators approved for its calculation once its measurement period has elapsed (at the end of 2026), which may range between an achievement of 0% to 150%. If the relevant conditions are met, the three payments of the 2023 LTI will be made in 2027, 2028 and 2029.•2022 Deferred AVR: the third payment (20% of the Deferred Portion) is due to executive directors, after having verified that no reduction had to be made according to the result of the multi-year performance indicators approved in 2022 by the Board of Directors. Thereafter, 40% of the 2022 Deferred AVR will be deferred for both executive directors, which, if the relevant conditions are met, will be paid in 2027 and 2028. •2021 Deferred AVR: the fourth payment (20% of the Deferred Portion) is due to executive directors. Thereafter, 20% of the 2021 Deferred AVR will be deferred for both executive directors, which, if the relevant conditions are met, will be paid in 2027.•2020 Deferred AVR: given the exceptional circumstances arising from the COVID-19 crisis, executive directors voluntarily waived the whole of their 2020 AVR.
(2) Deferred remuneration which was payable after the 2024 year-end, including the update of its cash portion. Its payment to the Chair and Chief Executive Officer took place in 2025, in accordance with the vesting and payment rules established in the remuneration policies applicable in each financial year:•2023 Deferred AVR: in 2025, the first payment of the Deferred STI (17.9% of the Deferred Portion) was made to executive directors.•2022 Deferred AVR: in 2025, the second payment (20% of the Deferred Portion) was made to executive directors.•2021 Deferred AVR: in 2025, the third payment (20% of the Deferred Portion) was made to executive directors.•2020 Deferred AVR: given the exceptional circumstances arising from the COVID-19 crisis, executive directors voluntarily waived the whole of their 2020 AVR.•2019 Deferred AVR: in 2025, the third and final payment (20% of the Deferred Portion) was made to executive directors. Following this, the payment of the 2019 Deferred AVR to both executive directors was completed.
(3) The delivery of the stock options awarded as part of the 2023 Deferred AVR is part of the second payment of the 2023 Deferred STI, which is due after the 2025 year-end (in 2026). The delivery of the stock options awarded as part of the 2024 Deferred AVR is part of the second payment of the Deferred STI, which, if the relevant conditions are met, will be due after the 2026 year-end (in 2027).
(1) Contributions recognized to meet the pension commitments with the executive directors in financial years 2025 and 2024. In the case of the Chair, these relate to the sum of the annual retirement pension contribution and the adjustment made to the “discretionary pension benefits” for the financial years 2024 and 2023, the contribution of which to the accumulated fund was to be made in the financial years 2025 and 2024, respectively, as well as to the premiums for the death and disability contingencies. In the case of the Chief Executive Officer, the contributions recognized correspond exclusively to the insurance premiums paid by the Bank in 2025 and 2024 to cover the death and disability contingencies given that, in his case, the Bank has not undertaken any commitments to cover the contingency of retirement.
(1) Upfront Portion of the Annual Variable Remuneration, which represents the first payment of the 2025 Short-Term Incentive and will be paid during the first quarter of 2026 financial year, in equal parts in cash and BBVA shares. The remaining amount of the 2025 Annual Variable Remuneration (which includes the 2025 Long-Term Incentive) will be deferred over a 5-year period (40% in cash and 60% in shares and/or instruments linked to shares).The final amount of the Deferred AVR will depend on the result of the long-term indicators to be used to calculate the 2025 Long-Term Incentive. Likewise, and as an ex post risk adjustment mechanism, the Deferred AVR may be reduced if the capital and liquidity thresholds established to guarantee that payment occurs only if it is sustainable, in accordance with the Bank’s payment capacity, are not reached.
(2) Upfront Portion of the Annual Variable Remuneration, which represents the first payment of the Short-Term Incentive for financial year 2024 and which was paid in 2025, in equal parts in cash and BBVA shares. The remaining amount of the 2024 Annual Variable Remuneration (which includes the 2024 Long-Term Incentive) was deferred over a 5-year period (40% in cash and 60% in shares and/or instruments linked to shares). The final amount of the Deferred AVR will depend on the result of the long-term indicators to be used to calculate the 2024 Long-Term Incentive. Likewise, and as an ex post risk adjustment mechanism, the Deferred AVR may be reduced if the capital and liquidity thresholds established to guarantee that payment occurs only if it is sustainable, in accordance with the Bank’s payment capacity, are not reached.
(1) Deferred remuneration payable after 2025 year-end, including the update of its cash portion. Payment thereof to members of Senior Management who are beneficiaries will take place in 2026 in accordance with the remuneration policies applicable in each financial year and the vesting and payment rules set forth therein applicable to each member of Senior Management, based on when they became such a member: •2024 Deferred AVR: the first payment of the Deferred STI is due.•2023 Deferred AVR: the second payment of the Deferred STI is due.•2022 Deferred AVR: the third payment of the Deferred STI is due, after having verified that no reduction had to be made according to the result of the multi-year performance indicators approved in 2022 by the Board of Directors.•2021 Deferred AVR: the fourth payment is due.•2020 Deferred AVR: given the exceptional circumstances arising from the COVID-19 crisis, all members of Senior Management voluntarily waived the whole of their 2020 AVR. Without prejudice to the foregoing, the third and final payment of the deferred portion of a success bonus on the sale of BBVA USA is due to one member of Senior Management, who was an executive of BBVA USA at that time.
(2) Deferred remuneration which was payable after the 2024 year-end, including the update of its cash portion. Payment thereof to members of Senior Management who were beneficiaries took place in 2025 in accordance with the vesting and payment rules set forth in the remuneration policies applicable in each financial year:•2023 Deferred AVR: in 2025, the first payment of the Deferred STI was made.•2022 Deferred AVR: in 2025, the second payment was made.•2021 Deferred AVR: in 2025, the third payment was made.•2020 Deferred AVR: given the exceptional circumstances arising from the COVID-19 crisis, all members of Senior Management voluntarily waived the whole of their 2020 AVR. Without prejudice to the foregoing, the third and final payment of the deferred portion of a success bonus on the sale of BBVA USA is due to one member of Senior Management — an executive of BBVA USA at that time. •2019 Deferred AVR: in 2025, the third and final payment was made.
(3) The delivery of the stock options awarded as part of the 2023 Deferred AVR is part of the second payment of the Deferred STI, which is due after the 2025 year-end (in 2026). The delivery of the stock options awarded as part of the 2024 Deferred AVR is part of the second payment of the Deferred STI, which, if the relevant conditions are met, will be due after the 2026 year-end (in 2027).
(1) Contributions recognized in financial years 2025 and 2024 to meet pension commitments with members of Senior Management with such position on December 31, 2025 and 2024 (16 members in both cases, excluding the executive directors), which relate to the sum of the annual retirement pension contributions and the adjustments made to the “discretionary pension benefits” for 2024 and 2023 which were included in the accumulated fund in 2025 and 2024, respectively, and to the insurance premiums paid by the Bank for death and disability contingencies.